Industry description
The investment seeks long-term capital growth.
The fund invests primarily in foreign equity securities that the Adviser believes are undervalued but may invest in U.S. securities to a limited extent. The Adviser seeks to construct a diversified portfolio of stocks from a variety of industries and countries. Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies with value characteristics.