| NASDAQ Exchange | United States Country |
The fund is an investment vehicle that primarily focuses on putting capital into small-capitalization companies, which are businesses with relatively small market capitalization. This investment strategy involves dedicating at least 80% of the fund's net assets, along with any borrowed funds meant for investment purposes, to such entities. A noteworthy aspect of the fund’s strategy is its openness to geographic diversification. Specifically, up to 30% of its assets can be allocated to securities from companies based outside the United States. In pursuing its investment objectives, the fund not only targets companies in developed nations but also explores opportunities within emerging markets to a certain degree. This approach implies a balanced investment philosophy that aims to capitalize on the growth potential of small-cap companies across a broad international spectrum, including both developed and emerging stock markets worldwide.
This constitutes the core focus of the fund, with at least 80% of its net assets being directed towards small-cap companies. This segment is appealing due to its potential for significant growth, offering investors the possibility to benefit from the expansion of these enterprises.
Up to 30% of the fund's assets are allocated to companies headquartered outside of the United States. This facet of the fund’s strategy allows for exposure to international markets, including both developed countries and emerging markets. Such diversification is intended to reduce risk and capitalize on opportunities in various regions of the world.
While the fund primarily invests in developed markets, it retains a proportional focus on emerging markets. This deliberate exposure is designed to tap into the dynamic growth potential of these regions, thereby potentially enhancing the overall performance of the fund through careful selection of securities.