Industry description
The investment seeks to provide long-term total return, which includes capital appreciation and income.
Under normal circumstances, the fund will invest at least 80% of its net assets in equity securities of U.S. and foreign issuers. It reasonably anticipates that under normal circumstances it will invest significantly in a broad range of countries, which will typically be countries classified by MSCI as developed markets, and that approximately 25%-60% of its assets will be invested in equity securities of foreign issuers. In addition, the fund may invest up to 15% of its net assets in cash, cash equivalents or cash-like investments.