Description

This fund commits a minimum of 80% of its total assets, including borrowed capital, to equity securities with the primary goal of achieving substantial long-term capital appreciation. The portfolio manager actively seeks out companies whose shares trade at a considerable discount to their estimated fair value, anticipating that their intrinsic worth will appreciate over time. The fund's holdings are not limited by company size, potentially including everything from large, established corporations to smaller, emerging growth businesses. It employs a non-diversified investment strategy.