Industry description
The investment seeks long-term growth of capital; as a secondary goal, the fund seeks to manage volatility and market risk.
The fund employs a flexible investment strategy, meaning it has the freedom to invest globally in companies of all sizes and in all sectors, long or short, in equities, fixed income, certain derivatives, and cash. To achieve its investment objectives, the fund invests principally in domestic and foreign equity securities (common stock and depository receipts), exchange-traded funds, swaps, futures and options.