Description

The primary objective of this investment vehicle is to achieve significant long-term growth for its capital. It chiefly focuses on common shares issued by companies within Europe and the Pacific Basin, specifically selecting those that the investment adviser perceives as offering strong growth prospects. The fund considers "growth stocks" to be those securities with the potential for capital appreciation exceeding the market average. Ordinarily, a minimum of 80% of its net assets will be committed to investments from European and Pacific Rim entities. Additionally, a segment of the portfolio may be allocated to equities and other securities from companies in emerging markets.