Pace Small/Med Company Growth Equity Investments Fd Cl Y (PUMYX)

Overview

This fund primarily focuses on investing in equity securities belonging to small and medium capitalization companies, defined by their market capitalization range aligning with that of companies listed in the Russell 2500® Growth Index at the time of purchase. It dedicates at least 80% of its net assets, plus the amount of any borrowings for investment purposes, to such investments. The fund’s investment strategy allows flexibility in diversifying across various economic sectors, potentially allocating a significant portion of its assets to stocks of technology companies among others. This diversification strategy is geared towards leveraging the growth potential of small/medium capitalized companies across different sectors.

Products and Services

• Equity Investments in Small/Medium Cap Companies: The fund specializes in investing at least 80% of its assets in equity securities of small and medium capitalization companies. These companies are selected based on their market capitalization being within the range of those included in the Russell 2500® Growth Index at the time of the fund's purchase. This focus targets the growth potential inherent in smaller companies that are poised for expansion.

• Sector Diversification: While the fund primarily targets small and medium capitalization companies, it also emphasizes diversifying investments across various economic sectors. This strategy can include a substantial allocation of its assets to the technology sector, among others, aiming to capitalize on sector-specific growth opportunities and mitigate risk through diversification.