Description

The fund aims to achieve sustained capital growth over the long term. Ordinarily, it commits a minimum of 80% of its total net assets (plus any funds borrowed for investment) to the equity securities of mid-sized companies. Its portfolio typically consists of equity instruments traded on U.S. exchanges, such as common shares, preferred shares, securities convertible into U.S. common stock, real estate investment trusts (REITs), American Depositary Receipts (ADRs), and exchange-traded funds (ETFs).