Description

This portfolio commits a minimum of 80% of its net assets, including any leveraged funds, to the stock of international companies. These investments can be made either by directly purchasing shares or by utilizing American Depositary Receipts (ADRs), which are certificates issued by U.S. financial institutions representing ownership interests in foreign-domiciled firms. The fund aims to diversify its holdings across businesses based in at least three different non-U.S. nations, primarily concentrating on opportunities within developed markets.