Description

Under normal circumstances, this fund typically allocates a minimum of 80% of its assets to equity securities of companies with smaller market capitalizations. Its primary objective is to achieve long-term growth of capital within the small-cap sector, while simultaneously aiming for a more conservative risk profile compared to its peers in the broader small-cap growth market. The fund's subadviser employs a highly selective investment strategy, hand-picking a limited number of small companies that it believes hold enduring competitive advantages and are available at what it considers attractive valuations.