| NASDAQ Exchange | United States Country |
The fund is designed for investors seeking exposure to growth companies located outside the United States. With a strategic focus on international markets, including both emerging and developed regions, the fund positions itself as a dynamic investment vehicle that diversifies across various countries and sectors. It prioritizes investments in companies demonstrating potential for significant earnings or revenue growth, irrespective of the geographical location, albeit outside the U.S. The portfolio management team exhibits flexibility in allocating assets fully into foreign securities, underscoring the fund's commitment to tapping into global growth opportunities.
The fund's primary investment focus is on the common stock of companies that are either domiciled outside of the United States or have their primary operations abroad. By targeting growth companies, the fund aims to capitalize on the potential for high earnings or revenue growth, offering investors access to the dynamic landscapes of international markets.
Understanding the diverse investment landscape, the fund does not limit itself to developed countries but extends its reach to emerging markets. This strategy enables investors to benefit from the rapid growth and investment opportunities prevalent in developing regions, alongside the stability and established markets of developed countries.
In alignment with its objective to mitigate risk and optimize returns, the fund ensures a broad diversification by investing in at least three different countries outside of the United States. This approach not only spreads investment risk across various geopolitical and economic conditions but also leverages potential growth across a wider landscape of international markets.
While the fund primarily focuses on common stocks, it does not exclude preferred stocks from its investment portfolio. By maintaining the flexibility to invest at least 65% of its total assets in both common and preferred stocks, the fund aims to harness different types of securities to achieve its growth objectives, providing a balanced mix of investment options to its investors.