Industry description
The investment seeks total return.
Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of foreign issuers and other financial instruments that have similar economic characteristics to such securities. It may invest in emerging market issuers, and may invest in issuers of any market capitalization, including small- to mid-capitalization companies. The fund may enter into forward foreign exchange transactions in order to hedge (or protect) the value of its assets against adverse movements in currency exchange rates. It is non-diversified.