Description

This fund aims to achieve long-term capital growth while also providing a moderate level of current income. To meet these objectives, the portfolio strategically allocates between 55% and 70% of its net assets to equity investments. The remainder of its holdings, ranging from 30% to 45%, consists of fixed income securities and highly liquid assets like cash. The equity portion is primarily invested in a globally diversified selection of stocks. This includes various types of equity instruments such as common and preferred shares, securities that can be converted into stock, and exchange-traded funds (ETFs). Furthermore, it gains exposure to companies listed outside the U.S. through vehicles like American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs), and similar depositary instruments.