| NASDAQ Exchange | United States Country |
The fund operates as a global investment vehicle, focusing its strategy on harnessing the growth potential of developing world economies. By principally investing in equity securities of businesses either based in or significantly tied to emerging markets, the fund seeks to provide its investors with diversified exposure to the economic advancements of less developed countries. These investments primarily consist of stocks or equity interests in companies that are thought to be well-positioned to benefit from or contribute to the growth and development of their respective emerging market economies.
The fund constructs a diversified investment portfolio primarily composed of equity securities. These securities are selected based on a fundamental investment process that aims to capture the growth dynamics of issuers domiciled in, or economically tied to, the developing world. This approach is designed to mitigate risk through diversification while seeking to maximize returns from the emerging markets' growth potential.
By investing substantially in businesses domiciled in or closely linked to the developing world, the fund offers investors unique exposure to the economic developments within these regions. This strategy leverages the potential higher growth rates and market dynamics of emerging economies, aiming to provide significant investment returns over time. The team actively identifies countries considered to exhibit the vibrant economic and growth characteristics typical of the developing world, selecting investments that are well-positioned to benefit from these trends.