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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ck0001588474_BorrowingUseOfLeverageRiskMember_0" xml:lang="en-US">Borrowing Use Of Leverage Risk [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ck0001588474_CoInvestmentRiskMember_0" xml:lang="en-US">Co Investment Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_CoInvestmentRiskMember_1" xml:lang="en-US">Co-investment Risk [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_ComplexityOfQuantitativeTradingStrategiesRelianceOnTechnologyRiskMember_0" xml:lang="en-US">Complexity Of Quantitative Trading Strategies Reliance On Technology Risk [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_ConvertibleArbitrageRiskMember_0" xml:lang="en-US">Convertible Arbitrage Risk [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_CounterpartyRiskMember_0" xml:lang="en-US">Counterparty Risk [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_CreditDefaultSwapsRiskMember_0" xml:lang="en-US">Credit Default Swaps Risk [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ck0001588474_DependenceOnInvestmentAdviserMember_0" xml:lang="en-US">Dependence On Investment Adviser [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ck0001588474_DisasterRecoveryAndDataSecurityMember_0" xml:lang="en-US">Disaster Recovery And Data Security. [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_EquityMarketNeutralTradingRiskMember_0" xml:lang="en-US">Equity Market Neutral Trading Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ck0001588474_EquityMarketNeutralTradingRiskMember_1" xml:lang="en-US">Equity Market Neutral Trading Risk [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_EquitySecuritiesRiskMember_1" xml:lang="en-US">Equity Securities Risk [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_FixedIncomeArbitrageRiskMember_1" xml:lang="en-US">Fixed Income Arbitrage Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_ForeignCurrencyTransactionsRiskMember_0" xml:lang="en-US">Foreign Currency Transactions Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ck0001588474_ForeignCurrencyTransactionsRiskMember_1" xml:lang="en-US">Foreign Currency Transactions Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_GeneralCreditRiskMember_0" xml:lang="en-US">General Credit Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ck0001588474_GeneralCreditRiskMember_1" xml:lang="en-US">General Credit Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ck0001588474_GeneralEconomicAndMarketConditionsRiskMember_0" xml:lang="en-US">General Economic And Market Conditions Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_GeneralEconomicAndMarketConditionsRiskMember_1" xml:lang="en-US">General Economic And Market Conditions Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_HighlyVolatileMarketsRiskMember_0" xml:lang="en-US">Highly Volatile Markets Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ck0001588474_HighlyVolatileMarketsRiskMember_1" xml:lang="en-US">Highly Volatile Markets Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ck0001588474_HighPortfolioTurnoverRiskMember_0" xml:lang="en-US">High Portfolio Turnover Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_HighPortfolioTurnoverRiskMember_1" xml:lang="en-US">High Portfolio Turnover Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_IlliquidPortfolioInvestmentsRiskMember_0" xml:lang="en-US">Illiquid Portfolio Investments Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ck0001588474_IlliquidPortfolioInvestmentsRiskMember_1" xml:lang="en-US">Illiquid Portfolio Investments Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_IndemnificationOfInvestmentFundsRiskMember_0" xml:lang="en-US">Indemnification Of Investment Funds Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ck0001588474_IndemnificationOfInvestmentFundsRiskMember_1" xml:lang="en-US">Indemnification Of Investment Funds Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_IndustryConcentrationRiskMember_0" xml:lang="en-US">Industry Concentration Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ck0001588474_IndustryConcentrationRiskMember_1" xml:lang="en-US">Industry Concentration Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ck0001588474_InflationRiskMember_0" xml:lang="en-US">Inflation Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_InflationRiskMember_1" xml:lang="en-US">Inflation Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_InterestsRateRiskMember_0" xml:lang="en-US">Interests Rate Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ck0001588474_InterestsRateRiskMember_1" xml:lang="en-US">Interests Rate Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ck0001588474_InvestmentAndMarketRiskMember_0" xml:lang="en-US">Investment And Market Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_InvestmentAndMarketRiskMember_1" xml:lang="en-US">Investment And Market Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_InvestmentsInNonVotingSecuritiesRiskMember_0" xml:lang="en-US">Investments In Non Voting Securities Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ck0001588474_InvestmentsInNonVotingSecuritiesRiskMember_1" xml:lang="en-US">Investments In Non Voting Securities Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ck0001588474_LackOfControlOverUnderlyingManagersRiskMember_0" xml:lang="en-US">Lack Of Control Over Underlying Managers Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_LackOfControlOverUnderlyingManagersRiskMember_1" xml:lang="en-US">Lack Of Control Over Underlying Managers Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_LackOfOperatingHistoryOfInvestmentFundsRiskMember_0" xml:lang="en-US">Lack Of Operating History Of Investment Funds Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ck0001588474_LackOfOperatingHistoryOfInvestmentFundsRiskMember_1" xml:lang="en-US">Lack Of Operating History Of Investment Funds Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_LegalTaxAndRegulatoryRiskMember_0" xml:lang="en-US">Legal Tax And Regulatory Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ck0001588474_LegalTaxAndRegulatoryRiskMember_1" xml:lang="en-US">Legal Tax And Regulatory Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ck0001588474_LegislationAndRegulatoryRiskMember_0" xml:lang="en-US">Legislation And Regulatory Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_LegislationAndRegulatoryRiskMember_1" xml:lang="en-US">LEGISLATION AND REGULATORY RISK [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_ck0001588474_LiborDiscontinuationRiskMember_0" xml:lang="en-US">Libor Discontinuation Risk [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_LiborDiscontinuationRiskMember_1" xml:lang="en-US">LIBOR DISCONTINUATION RISK [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_ck0001588474_LimitsOfRiskDisclosuresRiskMember_0" xml:lang="en-US">LIMITS OF RISK DISCLOSURES</label>
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