| NASDAQ Exchange | United States Country |
The fund is designed for investors seeking to diversify their investment portfolio through exposure to global markets. By focusing on both developed and emerging markets, the fund aims to capitalize on international growth opportunities while mitigating risk through diversification. While the fund primarily targets non-U.S. markets, it retains the flexibility to invest a portion of its assets within the United States, broadening its investment horizon and potential for returns.
The fund's core offering consists of a diversified portfolio composed predominantly of common stocks and other equity securities. This product targets issuers located in both developed and emerging markets outside the U.S., aiming to provide investors with growth opportunities and diversification benefits across a broad spectrum of economies and market sectors.
As part of its investment strategy, the fund specifically allocates a portion of its portfolio to securities issued by companies based in developed countries. These investments typically offer more stability and lower risk compared to emerging market investments. This focus is intended to balance the portfolio’s risk-reward profile by incorporating assets from countries with established economic systems and more predictable market conditions.
In its pursuit of growth, the fund also targets investments in emerging markets, which are often characterized by higher growth potential but come with increased risks and volatility. These investments provide exposure to the economic growth and expanding markets in developing countries, which can offer attractive returns for investors willing to bear the associated risks.
Despite its primary focus on international markets, the fund allocates up to 10% of its net assets to U.S. equities. This strategic inclusion allows the fund to tap into the growth potential and stability of the U.S. market. It serves to further diversify the investment portfolio and can act as a hedge against volatility in global markets.