Description

This fund's primary objective is to achieve capital growth. It typically allocates its assets predominantly to common stocks. A substantial portion, specifically at least 80% of its holdings, is dedicated to firms primarily involved in the energy sector. This includes businesses focused on traditional energy sources like oil, natural gas, electricity, and coal, alongside those exploring newer options such as nuclear, geothermal, oil shale, and solar power. The fund has the flexibility to invest in both domestic and international entities. Investment decisions are based on a thorough fundamental analysis, considering elements such as an issuer's financial health, its competitive standing in the industry, and prevailing market and economic conditions. It is important to note that this fund is classified as non-diversified.