| NASDAQ (NMS) Exchange | United States Country |
The aforementioned fund focuses on investing primarily in equity securities of U.S. small-cap companies. These companies are defined by their market capitalizations, which align with those listed in the Russell 2000® Index at the time of investment. This denotes a strategy inclined towards entities that are considered to have growth potential within the United States stock market, reflective of the dynamics and opportunities presented by smaller companies. Additionally, the fund demonstrates a flexible approach by allowing investments in foreign securities and larger companies, broadening its investment scope beyond the U.S. small-cap domain.
This core investment targets companies with market capitalizations mirroring those in the Russell 2000® Index. It aims to tap into the growth potential of small-cap companies within the U.S., which may offer significant returns over time by participating in the vibrancy and innovation typical of smaller firms.
Expanding its investment horizon, the fund also considers foreign securities, which allows investors to gain exposure to international markets. This not only diversifies the investment portfolio but also enables investors to benefit from global economic trends and foreign market growth opportunities.
In addition to small-cap investments, the fund occasionally invests in larger companies. This strategy provides a balanced approach, mitigating the higher risk profile of small-cap investments with the stability and predictability associated with larger, well-established companies. It ensures that the fund can maintain a versatile and resilient investment position, adaptable to changing market conditions.