| NASDAQ Exchange | United States Country |
The fund specializes in investing primarily in the common stocks of growth-oriented companies that are located or predominantly operate outside of the United States. This investment strategy allows the fund to diversify significantly by allocating up to 100% of its assets in foreign securities. It is well-positioned to explore opportunities in both emerging and developed markets globally, catering to a broad spectrum of investment prospects.
Typically, the fund ensures that at least 65% of its total assets are invested in the common and preferred stocks of companies across at least three different countries, thus promoting geographical diversification. The emphasis lies heavily on identifying and investing in common stocks of firms that are perceived by the portfolio managers to possess high potential for revenue or earnings growth, making it a promising vehicle for investors seeking capital appreciation.
The fund predominantly focuses on equity investments, primarily targeting common and preferred stocks of growth companies outside the U.S. This approach allows for capturing the growth potential inherent in various global markets.
By investing in companies across multiple countries, the fund benefits from international diversification, which can mitigate risks associated with economic downturns in any single country or region.
The fund's strategy encompasses investments in both emerging and developed markets, leveraging opportunities across different economic landscapes and enhancing the chances for substantial returns.
A key aspect of the fund is its growth-focused investment philosophy, wherein it specifically targets issuers with demonstrated potential for earnings or revenue growth. This strategy is designed to identify and capitalize on companies poised for substantial growth.
The portfolio managers actively oversee the fund's investments, continuously analyzing market trends and company performance to make informed decisions that align with the fund's growth objectives.