Description

This fund aims to achieve its financial objectives by primarily allocating capital to common shares of well-established, high-caliber businesses. Its stock selections are determined through a rigorous, individual company-focused fundamental analysis. Typically, under standard market conditions, the fund commits a minimum of 80% of its total assets—including any funds borrowed for investment purposes—to these types of securities. Furthermore, it possesses the latitude to invest up to 35% of its overall holdings in international equities, which can encompass American Depositary Receipts (ADRs) and securities from developing markets. When investing in common stocks, the portfolio generally remains relatively concentrated, usually holding positions in only 25 to 40 different companies at any given time.