Fund Description

The fund invests at least 65% of total assets in common stocks the portfolio manager believes are likely to have rapid revenue and earnings growth and potential for above-average capital appreciation or are undervalued. It invests in foreign and domestic issuers across a wide range of market capitalizations and, as a global fund, holds securities of issuers located in at least three countries, with at least 40% of total net assets in non-U.S. issuers or related investments. To pursue capital appreciation, the adviser uses a disciplined program focused on globalization and interactivity, emphasizing companies at the forefront of accelerated growth while considering valuation relative to projected growth and seeking diversification by region, sector, and individual issues. It invests primarily in developed markets but may invest in emerging markets.