Description

The fund primarily allocates a minimum of 80% of its total capital, including any borrowed funds for investment purposes, to equity instruments. Its portfolio largely comprises common shares, and while it maintains the flexibility to invest in companies of any market valuation, it generally concentrates on businesses within the large and mid-capitalization ranges. The investment strategy typically extends across at least five countries, always including the United States, to ensure diversification. The specific proportion of assets invested outside the U.S. will fluctuate, guided by the adviser's evaluation of international market conditions and investment opportunities relative to those available domestically.