| NASDAQ Exchange | United States Country |
The fund described focuses on investing a significant portion of its assets into large- and medium-sized companies that are considered blue chip growth companies. These companies are characterized by their solid establishment within their respective industries and their potential for above-average earnings growth. This investment strategy underlines the fund's aim to leverage the growth potential of well-established companies. It is important to note that the fund is non-diversified, meaning it may invest more heavily in fewer sectors or companies, which could influence risk and return profiles.
The primary service offered by the fund involves the careful selection and investment in blue chip growth companies. These are firms that are not only leaders in their industries but also show signs of above-average earnings growth, according to the fund's sub-advisers' assessments. This strategy is aimed at investors seeking growth opportunities in established sectors of the market.
Another key aspect of the fund's strategy involves the potential use of borrowed funds to make investments. This approach allows the fund to leverage its investment capabilities, aiming for higher returns by investing more than its net assets. However, this also introduces a higher level of risk due to the potential for losses amplified by the borrowed amount.