Description

This fund's primary objective is to deliver substantial long-term capital appreciation. It rigorously invests at least 80% of its net assets, plus any leveraged capital, into equity securities or financial instruments with comparable economic characteristics, based on their market value when acquired. The investment universe spans both U.S. and international markets, extending to emerging and less developed economies. The portfolio may comprise a variety of equity-linked assets, including common and preferred stocks, convertible bonds, depositary receipts, and warrants or rights to purchase common shares.