Description

As a general rule, this fund commits at least 80% of its net assets (including any funds borrowed for investment) to equity securities issued by companies in emerging economies. These encompass common and preferred stocks, warrants, participation notes, and depositary receipts, spanning companies of all sizes. Although the portfolio typically diversifies across a minimum of six emerging market countries, it maintains the flexibility to invest a substantial amount of its capital in issuers based in just one or a few selected nations.