Description

This fund predominantly invests a minimum of 80% of its net assets, including funds from borrowings, in equity securities from companies located across the globe. The primary types of equity holdings are common stocks and American Depositary Receipts (ADRs). The fund typically targets companies with market capitalizations of $3 billion or more. The adviser intends to maintain a diversified portfolio across at least three different countries, ensuring that under normal market conditions, a minimum of 40% of its assets are invested in foreign companies (or at least 30% if market conditions are less favorable).