| NASDAQ (NMS) Exchange | United States Country |
The fund is designed for investors seeking investment opportunities in mid-sized companies with the potential for significant capital appreciation. By focusing on medium-sized companies, defined as those with market capitalizations within the range of the Russell Mid Cap Index or the S&P Mid Cap 400 Index, the fund aims to provide a strategic balance between the growth potential of smaller companies and the stability of larger corporations. The fund’s strategy includes a willingness to leverage borrowing for investment purposes, aiming to maximize returns for investors. Additionally, the fund's global investment approach is evident in its allocation of up to 25% of total assets to foreign securities, including those from emerging markets, thereby offering diversification beyond domestic equities.
This product focuses on investing in the equity securities of medium-sized companies that show potential for significant capital appreciation. The selection process is guided by rigorous analysis to identify companies within the specific market capitalization range of the Russell Mid Cap Index or the S&P Mid Cap 400 Index.
The fund utilizes borrowing as a strategic tool to enhance investment possibilities and potential returns. This approach allows for greater flexibility in capital allocation and can contribute to the fund's overall performance through leveraged investment positions.
Emphasizing a diversified investment strategy, up to 25% of the fund’s total assets may be allocated to foreign securities, including those in emerging markets. This aspect of the service allows investors to tap into the growth potential of global markets, balancing the fund’s investment portfolio and potentially reducing the risk associated with the volatility of any single market.