| NASDAQ Exchange | United States Country |
This fund specializes in investing primarily in equity securities issued by foreign markets issuers. Under normal market conditions, it allocates at least 80% of its net assets, along with any borrowings for investment purposes, towards stocks and shares of companies located outside the United States. The investment strategy focuses on identifying and investing in a diversified portfolio of more than 30 foreign markets securities, which are selected based on their potential for total return. Despite its global reach and diversification strategy, it is classified as non-diversified. This categorization allows for a more concentrated investment in fewer stocks, potentially leading to higher risk and reward scenarios.
The fund primarily invests in equity securities, such as stocks, of companies that are based in foreign markets. This includes both developed and emerging markets, offering investors a diversified exposure to global economic growth and sector-specific opportunities.
With a strategy that centers on allocating at least 80% of its assets to securities issued by entities outside of the United States, the fund provides investors with a pathway to diversify their investment portfolio on a global scale. This broad exposure helps in spreading investment risk and tapping into the growth potential of foreign markets.
Utilizing a rigorous investment selection process, the fund's sub-adviser meticulously identifies securities that present the best opportunities for total return. This involves a thorough analysis of more than 30 foreign markets securities, ensuring a well-researched and potentially high-performing investment pool focused on achieving superior returns.
Despite its global investment outlook, the fund is classified as non-diversified, meaning it may invest a larger portion of its assets in a smaller number of issuers. This strategy can lead to higher volatility and risk, but also offers the potential for significant returns, appealing to investors who are seeking to maximize their investment's growth potential.