| NASDAQ (NMS) Exchange | US Country |
The fund is designed for investors looking to participate in the U.S. equity market through a diversified approach that involves both long and short positions in equity securities. By focusing on public companies tied economically to the U.S., and ensuring its investments span the broad market capitalization range of the Russell 3000® Index, the fund aims to offer a balanced and dynamic investment strategy. This approach allows the fund to adapt to changing market conditions and to seek opportunities across the entirety of the U.S. equity market, from small-cap companies to large multinationals.
This product involves investing in the common stocks of companies the fund's management believes are undervalued or have the potential for significant growth. By taking long positions, the fund aims to profit from the appreciation of these securities over time, capitalizing on the strength and potential of the U.S. economy and its companies.
In contrast to long positions, short positions are a bet against the securities the fund believes are overvalued or face significant headwinds. This strategy provides the fund with the potential to earn gains even when certain segments of the market are in decline, offering a hedge against downturns and increasing the fund's overall diversification.