| NASDAQ (NMS) Exchange | United States Country |
The fund is focused on investing primarily in equity securities that are characterized by above-average dividend yields and are deemed by the sub-adviser to have favorable capital appreciation potential. It operates under the principle of ensuring a significant portion of its net assets, at least 80%, is invested in dividend-paying equity securities. With a strategic stance towards optimizing investor returns through dividends and potential capital growth, the fund aims to deliver on both income and growth objectives. It encompasses a flexible approach to investment, allowing up to 20% of its net assets to be allocated towards foreign issuers and non-dollar denominated securities, thus providing a diversification benefit and exposure to international markets.
The core of the fund's investment strategy centers around dividend-paying equity securities. This focus aims to ensure that investors benefit from the regular income generated through dividends, in addition to potential capital appreciation over time. By dedicating at least 80% of its net assets to these types of securities, the fund positions itself as a suitable option for investors seeking income along with growth.
Up to 20% of the fund’s net assets may be invested in securities of foreign issuers and non-dollar securities, offering investors an opportunity to diversify their investments beyond domestic markets. This aspect of the fund’s strategy allows for exposure to international markets, potentially tapping into growth opportunities and risk diversification benefits associated with global investing.