Canada U.S. Equity Fund (LC) 75/75 P (0P0001IOX5)

Overview

The fund specializes in investing in equity securities of non-U.S. companies, focusing particularly on businesses operating within emerging market countries. With a strategy that includes a variety of equity securities such as common and preferred stocks, convertible securities, and depositary receipts, the fund aims to diversify its investments across global markets. Priority is given to companies with substantial market capitalizations, typically $3 billion or more, indicating a focus on more established companies within the international arena.

Products and Services

• Common Stocks:

  Investing in the common stock of non-U.S. companies provides the fund's investors with a share of ownership in these companies, allowing them to participate in the financial successes of businesses across the globe, especially in emerging markets.

• Preferred Stocks:

  The fund includes preferred stocks in its portfolio, offering potentially higher yields than common stocks and priority over common stocks in dividend payments and liquidation proceeds, adding a layer of financial security for investors.

• Convertible Securities:

  This type of investment includes bonds or preferred stocks that can be converted into a predetermined amount of the company's common stock, representing a hybrid instrument with both fixed-income and equity characteristics, providing flexibility in investment strategies.

• American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs), and European Depositary Receipts (EDRs):

  The fund invests in various depositary receipts, which are certificates issued by banks representing shares in foreign companies, thus allowing investors easier access to foreign securities. ADRs facilitate investing in non-U.S. companies on U.S. stock exchanges, whereas GDRs and EDRs serve a similar function in global and European markets, respectively.