Virtus KAR Mid-Cap Growth Fund (PHSKX)

Overview

The fund is dedicated to investing primarily in equity securities of medium market capitalization companies that are deemed to have strong future growth potential but are currently considered undervalued. It takes a particular interest in a select group of these companies, focusing on their growth prospects relative to their current market values. While the fund primarily targets U.S. companies, it maintains a flexible investment approach that allows it to venture into foreign markets. Investments in foreign securities and depositary receipts are also within its scope, reflecting a diversified investment strategy that goes beyond domestic borders. This approach is guided by the belief that such companies will deliver superior growth and, consequently, investment returns over the medium to long term. The fund is managed by a subadviser, who applies a comprehensive analysis to identify these investment opportunities, following a principle that at least 80% of the fund's assets will be allocated towards the equity securities of medium market capitalization growth companies.

Products and Services

• Equity Securities of Medium Market Capitalization Companies

This product focuses on investing in the shares of medium-sized companies that are perceived to have a high growth potential but are currently undervalued in the stock market. These investments aim to capitalize on the future growth of these companies, seeking to generate significant returns for the fund's investors.

• Foreign Securities and Depositary Receipts

In addition to U.S. equity investments, the fund extends its portfolio to include international markets by investing in foreign securities and depositary receipts. This diversification strategy aims to tap into growth opportunities in foreign markets that might complement or exceed those available domestically, broadening the fund's potential for higher returns.