Description

This fund commits a minimum of 80% of its investable assets (which includes any borrowed funds) to the stock of international companies. These are defined as smaller enterprises, specifically non-U.S. based firms with total operating revenues of $500 million or less at the time of initial purchase. The Advisor typically maintains a cash position within the portfolio of no more than 5%. Management's strategy involves building a diversified portfolio, usually comprising 40 to 65 different securities, as they believe this approach, combined with thorough research, helps to collectively reduce investment risk.