| NASDAQ Exchange | United States Country |
The fund is focused on capitalizing on investment opportunities within emerging or frontier market countries, dedicating a significant portion of its assets to equity and equity-related securities within these regions. By investing at least 80% of its assets in such securities, including the use of borrowings for investment purposes, the fund aims to achieve growth through exposure to markets and companies that are positioned in rapidly developing or frontier economies. It operates with a non-diversified investment approach, which could mean higher risk but potentially higher returns by allowing significant investments in a smaller number of companies.
The fund primarily places its investments in a range of equity securities, including common stock, preferred stock, and depositary receipts. These investments are carefully selected to tap into the growth potential of companies within emerging or frontier markets, aiming to provide investors with substantial growth opportunities through equity exposure.
Opting for a non-diversified strategy, the fund focuses on investing a larger portion of its assets into fewer companies compared to a diversified fund. This approach can lead to higher volatility and investment risk; however, it also allows for potentially higher returns by investing more significantly in carefully selected opportunities.