Description

This fund commits a minimum of 80% of its total capital to equity investments in small-capitalization companies. Its portfolio is diversified across businesses situated in no fewer than three countries, with the United States being a potential inclusion, and it has the discretion to allocate more than 25% of its total assets to a single nation. Furthermore, up to 10% of the fund's total assets may be invested in equity securities from emerging markets. The fund's core strategy involves investing in small-cap equities, defined by the manager as companies whose market capitalization falls within the range of the S&P Developed SmallCap Index at the time of purchase.