Description

The primary strategy for this fund to meet its investment goals involves committing a minimum of 80% of its net capital (along with any borrowed funds used for investment) to the ordinary shares of small-capitalization enterprises. The fund's advisor designates small-cap firms as those possessing market valuations that do not exceed the peak market capitalization observed within the Russell 2000® Growth Index over the past twelve months. Although investments can be made across the entire spectrum of economic sectors, the fund retains the discretion to emphasize specific industries or market segments during different periods.