Description

The fund's primary objective is to achieve long-term capital appreciation. It employs a value-oriented investment strategy, focusing on equity securities that the Investment Adviser believes are undervalued. This assessment considers the company's long-term earning potential, its underlying asset value, or its valuation relative to the broader market. A minimum of 65% of the fund's total assets will be allocated to common stocks and other equity-linked instruments, including convertible bonds and warrants. Conversely, the fund may dedicate up to 35% of its portfolio to debt and fixed-income instruments. This can include speculative, lower-rated, or unrated corporate bonds, often known as "junk bonds," which typically offer higher yields but carry greater risk.