Description

The fund's primary objective is to generate substantial capital appreciation over the long term, with current income being a subordinate consideration in its portfolio selections. It habitually allocates a minimum of 80% of its net assets to the common shares of small-capitalization companies. Adopting a "growth" investment methodology, the fund's subadviser focuses on identifying businesses projected to achieve sustained, above-average earnings growth. This strategy involves the subadviser meticulously selecting promising small enterprises at an early phase of their operational existence, anticipating their eventual transformation into prominent, large-scale corporations.