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Investment returns and principal value of the Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Some of the principal risks of investing in the Fund include:
Strategy
Seeks long-term growth of capital by:
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Investing primarily in stocks of large-capitalization US companies
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Targeting a smaller number of US issuers
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Seeking companies that offer compelling growth potential and the ability to persistently earn returns that exceed their cost of capital
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Seeking businesses with sustainable competitive advantages, transparent business models, attractive economic returns and strong cash generation
Portfolio Management Team
Investment Risks to Consider
These and other risks are described in the Fund’s prospectus.
- Derivatives risk
- Equity securities risk
- Focused portfolio risk
- OTC derivatives counterparty risk
- Portfolio turnover risk