| NASDAQ Exchange | United States Country |
The fund aims to achieve its investment objective by primarily putting its resources into equity securities of small companies based outside of the United States. Its investment portfolio includes a diverse range of equity securities, such as common stock, preferred stock, and depositary receipts. With a strategic approach towards international small-cap markets, the fund is dedicated to capitalizing on the growth potential of these enterprises. By implementing a non-fundamental policy, it ensures that under normal market conditions, at least 80% of its net assets plus any borrowings for investment purposes are allocated towards the equity securities of non-U.S. small companies. This focus on non-U.S. small companies underscores the fund's commitment to providing its investors with exposure to the potential high-growth opportunities available in international markets.
The primary investment focus of the fund is to invest in a range of equity securities such as common stock, preferred stock, and depositary receipts. These investments are geared towards small companies located outside the United States, tapping into the potential high-growth opportunities these markets present.
One of the integral components of the fund's investment strategy is the allocation of resources into the common stock of small non-U.S. companies. This focus allows investors to gain equity interest in companies with potential for substantial growth.
Beyond common stock, the fund diversifies its investments by including preferred stock and depositary receipts in its portfolio. Preferred stock provides an opportunity for income generation through dividends, while depositary receipts offer a route to invest in foreign companies' equity through U.S. exchanges, adding an international dimension to the fund's investment strategy.
The fund adheres to a non-fundamental policy, committing to invest at least 80% of the value of its net assets, plus any borrowings for investment purposes, in the equity securities of non-U.S. small companies under normal market conditions. This policy ensures a dedicated focus on international small-cap markets, aiming to leverage the growth opportunities within these segments.