| NASDAQ (NMS) Exchange | United States Country |
The company operates within the financial sector, specifically targeting investments in mid-capitalization companies through a mutual fund. It adheres to a clearly defined investment strategy, committing at least 80% of its net assets to stocks of mid-cap entities. These are defined based on their market capitalization aligning with the range captured by the Russell Midcap® Index at the time of purchase. The fund emphasizes risk reduction through diversification across various companies, sectors, and industries, aiming to create a balanced portfolio that can navigate different market conditions effectively.
This product focuses on investment in common stocks of mid-capitalization companies. The selection criteria entail choosing companies whose total market capitalization fits within the range of the Russell Midcap® Index during the acquisition period. This strategy aims to tap into the growth potential of mid-cap companies, which often blend the agility of small companies with the stability of larger corporations.
In an effort to mitigate investment risks, the fund prioritizes diversification as a core strategy. This involves spreading investments across various companies, sectors, and industries within the mid-cap domain. Such diversification is designed to minimize the impact of poor performance in any single investment on the overall portfolio, thereby aiming to provide more stable returns over time.