| NASDAQ Exchange | United States Country |
The fund is an investment vehicle that focuses on incorporating environmental, social, and governance (ESG) criteria into its investment strategy, targeting companies domiciled in the United States with high growth potential. It dedicates at least 80% of its net assets, plus any borrowings for investment purposes, towards equity securities that satisfy these conditions. The fund is managed by a subadviser who selects companies based on their growth prospects and their alignment with ESG principles. Additionally, the fund diversifies its investments across various economic sectors and is open to investing in companies of any size to mitigate risk and seize opportunities across the market landscape.
This product focuses on investing in equity securities—such as common stocks—of companies that are based in the U.S. and exhibit above-average growth potential. Selection is primarily based on the evaluation of the company's alignment with environmental, social, and governance (ESG) criteria, which assesses how a company manages its environmental impacts, interacts with its stakeholders, and governs itself. This approach aims to secure sustainable, long-term investment growth by capitalizing on the responsible business practices of these companies.
ADRs represent a more flexible option within the fund's portfolio, allowing up to 20% investment in foreign equity securities. These instruments are used to invest in non-U.S. companies, providing the fund with an opportunity to diversify internationally and tap into growth opportunities outside of the United States. ADRs offer a practical way for the fund to gain exposure to foreign markets, while still trading in U.S. dollars and being listed on U.S. exchanges. This expands the fund's horizon, giving investors access to global growth potential while adhering to its core ESG investment criteria.