| NASDAQ Exchange | United States Country |
This fund is designed for investors looking to diversify their portfolio internationally, focusing on equity securities from non-U.S. domiciled companies. By allocating at least 80% of its net assets into such investments, the fund aims to provide exposure to developed, emerging, and frontier markets outside of the United States. This strategic positioning allows investors to benefit from the potential growth and opportunities in global markets, diversifying their investment risks and potentially improving the returns on their investment portfolios over time.
The fund invests predominantly in equity securities such as common stocks and depositary receipts of companies that are domiciled outside of the United States. This allows investors to gain exposure to the global economy and diversify their investment portfolio beyond domestic markets.
Apart from focusing on developed markets, the fund is also open to investing in the growing economies of emerging and frontier markets. This strategy aims to tap into the growth potential of these markets, which may offer higher returns compared to more stable and mature markets.
Including depositary receipts (such as American Depositary Receipts - ADRs and Global Depositary Receipts - GDRs) in its investment choices allows the fund to hold shares of foreign companies that are traded on U.S. and global stock exchanges. This provides easier access to foreign securities, potentially enhancing the liquidity and flexibility of the fund's holdings.