Description

The fund's primary aim is to achieve substantial capital growth over an extended period. Typically, the fund commits a minimum of 80% of its net assets—including any funds borrowed for investment purposes—to shares of companies with small and medium market capitalizations. Its core strategy involves building a varied portfolio of equity instruments, such as common stock and securities convertible into common stock, issued by U.S.-based small- and mid-cap growth enterprises that are anticipated to demonstrate robust and high-quality expansion.