This fund is designed to primarily allocate at least 80% of its total assets (including any capital derived from borrowings) to equity securities issued by companies operating within emerging markets. While it retains the flexibility to invest in businesses of any market capitalization, its general strategy involves targeting large-capitalization stocks that the portfolio manager identifies as undervalued through a variety of assessment methods. It is important to note that the fund manager categorizes frontier markets as a component of emerging markets, and therefore, any holdings in these frontier regions will contribute to meeting the fund's mandatory 80% emerging market investment threshold.
