Industry description
The investment seeks long-term capital appreciation with lower volatility relative to the global equity markets.
Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in equity securities. It may invest in securities denominated in U.S. dollars and the currencies of the foreign countries in which it may invest. The fund typically has full currency exposure to those markets in which it invests. It may buy or sell equity index futures for investment exposure or hedging purposes.