Description

This fund's primary objective is to allocate a significant portion—at least 80% of its total assets—to equity holdings of companies based in emerging market nations. This includes various forms of stock ownership, such as common and preferred shares, as well as securities that can be converted into stock. Emerging markets are characterized as countries with developing economies or those in the process of advancing from underdevelopment. The investment advisor has considerable flexibility to spread investments across a diverse range of countries, industries, and sectors, and does not commit to maintaining a fixed percentage of assets in any particular geographic region, industry, or sector.