Description

The fund is designed to typically invest a minimum of 80% of its assets, measured at the time of purchase, in equity securities. These investments focus on companies either domiciled or headquartered internationally, or those that derive the bulk of their assets or revenues from outside the United States. Occasionally, the fund may also participate in Initial Public Offerings (IPOs). Furthermore, the portfolio has the flexibility to hold investment-grade corporate or government debt obligations, and may engage in foreign exchange futures or currency forward contracts.