| NASDAQ (NMS) Exchange | United States Country |
The fund specializes in investing primarily in the equity securities of mid-capitalization companies. These are entities that the fund's subadvisers believe have a high potential for long-term growth. The strategy involves focusing on companies that are not only broadly diversified but also show signs of earnings growth at a rate faster than the average company in today's market. By committing at least 80% of its net assets (in addition to the amount of any borrowings for investment purposes) into these mid-cap companies, the fund aims to catalyze and harness growth in a sector that, while possibly involving higher risk, also offers potentially higher rewards compared to investments in larger, more established companies.
This service involves the fund investing in the equity securities of mid-capitalization companies that have been identified as having significant growth potential. The investment is not just in any equities but is carefully selected based on the expertise of the fund's subadvisers, with the aim to invest in businesses whose earnings are expected to grow faster than average.
Another key service is constructing a diversified portfolio of common stocks. The fund ensures that it invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, into a wide range of mid-cap companies. This level of diversification is designed to mitigate risk while still allowing investors to benefit from the growth potential inherent to mid-cap stocks.