Industry description
The investment seeks long-term capital appreciation.
The fund seeks to achieve its investment objective by investing primarily in a select portfolio of equity securities of established companies that are domiciled in various countries throughout the world, excluding the U.S. It typically invests in securities of issuers from at least six or more non-U.S. countries and at least eight industries. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities, without regard to market capitalization. It is non-diversified.