Industry description
The investment seeks long-term capital appreciation.
Under normal circumstances, the fund invests at least 75% of its net assets in equity securities of non-U.S. domiciled companies or depository receipts of non-U.S. domiciled companies the advisor believes to be undervalued, which companies may be located in developed, emerging market or frontier market countries. Its investments in equity securities may include common stock and depositary receipts. Generally, the fund will invest in equity securities of approximately 30 to 60 issuers.