The investment seeks long-term growth of capital.
Under normal circumstances, the fund invests at least 80% of its net assets in equity securities. It invests primarily in a diversified portfolio of equity securities of small-and mid-capitalization non-U.S. companies. Under normal market conditions, the fund invests significantly (at least 40%--unless market conditions are not deemed favorable by the Adviser) in securities of non-U.S. companies. It invests, under normal circumstances, in the equity securities of companies located in at least three countries (and normally substantially more) other than the United States.