Driehaus Global Fund (DMAGX)

Overview

The fund manager adopts a growth-oriented investment approach, focusing on the acquisition of equity securities from a global pool. This includes investments in common stocks and various types of Depositary Receipts such as American Depositary Receipts (ADRs), European Depositary Receipts (EDRs), and Global Depositary Receipts (GDRs). The investment strategy is not limited by geographical boundaries, embracing opportunities in both developed and emerging markets across the world, including the United States. The fund's investment portfolio is diversified across different classes of equity securities, aiming at capitalizing on growth opportunities wherever they arise.

Products and Services

The fund offers a variety of investment products focusing on equity securities, driven by a growth investment style. Each product type caters to different aspects of the global equity market, providing investors with options to diversify their portfolios.

• Common Stocks: Equity investments in companies' shares, providing ownership interests. Common stocks offer the potential for capital appreciation and dividends, reflecting the underlying company's growth and profitability.
• American Depositary Receipts (ADRs): Securities that represent shares in foreign companies, but are traded on U.S. stock exchanges. ADRs offer a way for investors to own foreign stocks while benefiting from the regulatory standards of the U.S. market.
• European Depositary Receipts (EDRs) and Global Depositary Receipts (GDRs): Similar to ADRs, these instruments represent ownership in a company's shares but are used in European markets and globally, respectively. They provide investors with a means to access international stocks while mitigating some of the risks associated with direct investments in foreign markets.
• Preferred Stocks: Equity securities that have priority over common stocks in terms of dividend payments and asset liquidation, often with fixed dividend payments. Preferred stocks combine features of both equity and debt.
• Equity-Convertible Securities: This includes warrants, rights, or options that give the holder the right to purchase shares at a specific price. These instruments can add leverage to an investment portfolio, offering potential for significant returns if the underlying stocks appreciate in value.
• Other Classes of Stock: Investments in various other forms of equity that may exist, providing a broad spectrum of opportunities to investors seeking exposure to different market segments and company structures.