The fund's primary objective is to achieve substantial, tax-efficient capital growth over an extended period. Under normal operating conditions, it typically allocates at least 65% of its total assets to equity instruments, predominantly common stocks, issued by U.S.-based companies that are publicly traded on established national securities exchanges. Its investment strategy concentrates on markets and industries exhibiting strong prospects for expansion, specifically targeting the dominant companies within these high-growth sectors, as these market leaders tend to secure a larger portion of favorable financial returns.
