Description

This fund's primary objective is to deliver long-term growth for invested capital. Typically, the fund allocates a minimum of 80% of its net assets to equities of smaller enterprises found outside the U.S., encompassing those in developing nations. Within the scope of this core allocation, smaller companies are characterized as those with market capitalizations not exceeding $4 billion. The fund maintains the option to concentrate over 25% of its portfolio in securities from a single nation.