| NASDAQ (NMS) Exchange | US Country |
The fund aims to surpass the results of the MSCI World Index in terms of performance, accounting for fees and expenses. It strategically allocates at least 40% of its net assets, in addition to any borrowings for investment purposes, in equity securities. These securities are specifically tied to companies that are either domiciled or headquartered outside of the United States or have their primary business operations or principal trading markets situated abroad. The focus on "foreign companies" targets diversification and potential growth opportunities in international markets, leveraging the global economic landscape to achieve superior investment outcomes.
Investing in equity securities of companies located outside the United States or those with significant operations or markets abroad. This approach leverages global market dynamics and aims at sectors or regions with potential for higher returns than the domestic market.
The fund measures its success against the performance of the MSCI World Index, before fees and expenses. This index serves as a benchmark for global equity market performance, providing a comparative standard that reflects the fund's goal to exceed international market returns.