Description

This investment vehicle aims to achieve substantial growth in capital over the long term. Its core strategy involves allocating a minimum of 80% of its total assets—including any funds borrowed for investment—into the stocks of both American and international corporations, encompassing a broad spectrum of market capitalizations. The fund has the flexibility to commit up to half of its assets to foreign securities, which may include various depositary receipts such as ADRs, EDRs, and GDRs. Furthermore, a smaller portion, up to 10% of its net assets, can be directed towards equity securities issued by companies operating in developing market economies.