| NASDAQ (NMS) Exchange | United States Country |
The fund focuses on investing in small- and mid-sized companies, with market capitalizations that align with those in the Russell 2500 Growth Index, which serves as the fund's benchmark. The investment strategy emphasizes the incorporation of common stocks from companies primarily based in the United States. However, it also includes a diverse allocation of up to one-third of its total assets in foreign companies located in both developed markets, such as Japan, Canada, and the United Kingdom, and in emerging markets. This approach allows the fund to tap into a broad spectrum of growth opportunities across various geographic territories and market sectors, thereby aiming to generate robust long-term returns for investors.
This core service involves identifying and investing in small- to mid-sized companies with market capitalizations that mirror those found in the Russell 2500 Growth Index. The selection process focuses on companies that exhibit potential for growth and profitability, offering investors a balanced exposure to the dynamic segment of the market.
A significant portion of the fund's assets is allocated to U.S. companies, capitalizing on the stability and growth prospects within the domestic market. This investment strategy is designed to leverage the innovative and competitive landscape of U.S. industries, contributing to the fund's growth potential.
Up to 33% of the fund's assets may be invested in foreign companies across developed and emerging markets. This diversification strategy extends the fund’s reach into international markets, allowing for the exploration of opportunities in regions with different economic cycles and growth potentials. The inclusion of companies from developed markets, like Japan, Canada, and the United Kingdom, alongside those from emerging markets, facilitates a well-rounded global investment portfolio.