| NASDAQ Exchange | US Country |
The fund is designed to provide global investment opportunities by focusing on equities of international corporations. By engaging in a diverse portfolio that crosses both established and emerging markets, the fund offers exposure to a broad spectrum of global economic activities. Investing primarily in non-U.S. companies, it aims to leverage growth potentials outside the American financial markets. The fund's strategy involves a significant allocation of its assets in a variety of international equities, ensuring a wide geographical coverage and sectoral diversification. This approach serves to optimize potential returns for investors seeking international market exposure while maintaining a focus on capital growth over time.
Investment in common and preferred stocks, as well as depositary receipts for these types of stock, of international companies. These equities are selected from corporations traded on stock exchanges across the globe, including alternative trading venues and the over-the-counter market. This offers investors a broad exposure to the global economy, leveraging growth in various sectors and regions, including emerging markets.
The fund commits at least 80% of its assets to stocks of non-U.S. companies, ensuring a significant focus on international markets. By investing in companies located or operating in at least three foreign countries, the fund is well-positioned to capture the economic growth potential outside of the United States. This diversification strategy spreads investment risks across different geographical areas and sectors, potentially reducing volatility and enhancing return prospects over the long term.
Part of the fund's strategy includes investing in emerging markets, which offers the potential for high growth rates compared to established markets. These investments come with higher risk due to political, economic, and currency instability inherent in developing countries. However, the fund's diversified global approach aims to mitigate these risks while seeking to capitalize on the rapid growth opportunities presented by emerging markets.