I took a brief look at the fund on Morningstar. It looks incredibly risky/volatile, has a huge fee, and appears to have made its money in a very brief period of time (look at the graph for five year performance). I like to sleep at night, so I would avoid this fund for all of these reasons.
Also, the fund manager refuses to talk about his strategy.For this type of fund, you invest in the manager more than anything else. Since he will not communicate openly (see Kiplinger article) with people who might be able to effectively judge the fund and/or the fund manager, this worries me substantially.
I realize that investing in stocks requires some risk. In my opinion, however, investing without substantial knowledge of the fund and fund manager reflects gambling. I gamble for skittles (poker is my preferred game); that way, I can eat my stake and feel better if I find myself losing.
$.02