| NASDAQ (NMS) Exchange | US Country |
The fund operates with a strategic focus on harnessing growth potential by investing primarily in common stocks. It targets the dynamic segment of medium-sized companies, which are identified based on their market capitalization fitting within the range defined by the Russell Midcap® Growth Index. This focus highlights a dual strategy: capturing growth in the agile medium-sized company sector and ensuring a diversified investment pool through including foreign securities. Market capitalization, a vital measure of company size and value, plays a crucial role in the fund's investment selection process, emphasizing its commitment to informed and strategic asset allocation.
The primary service offered involves investing in common stocks, particularly those selected for their strong growth potential. This approach is grounded in a solid belief in the ability of growth stocks to yield significant returns over time, making it a cornerstone of the fund’s investment strategy.
A significant portion of the fund's equity assets, at least 50%, is dedicated to investments in medium-sized companies. These companies are specifically chosen because their market capitalization falls within the range of the Russell Midcap® Growth Index, signifying a strategic focus on companies poised for growth but potentially less risky than smaller cap stocks.
The investment strategy significantly leverages market capitalization as a measure of a company's size and value. This metric guides the fund's selection process, ensuring that investments are made into companies that offer a promising balance of growth potential and stability, reflecting a sophisticated approach to growth investing.
Beyond domestic markets, the fund also diversifies its investment portfolio through foreign securities. This inclusion broadens the investment horizon, tapping into growth opportunities across various global markets and enhancing the fund’s potential for risk-adjusted returns.