Seeks long-term growth of capital with exposure to undervalued companies in rapidly-growing emerging markets
Offers a value-biased, contrarian approach to investing
Invests in stocks that have been out of favor with investors but where we see catalysts for improved returns
Is appropriate for both regular and tax-deferred accounts, such as IRAs

Most investments in this type fund are expected to be in stocks of companies located in or with economic ties to Asia, Latin America, Europe, Africa, and the Middle East. About 80% of the fund’s net assets (including any borrowings for investment purposes) are invested in stocks of companies in emerging markets.

Due to the concentration within emerging markets, investments in this fund involve a high degree of risk as share prices are subject to market risk as well as risks associated with unfavorable currency exchange rates and political or economic uncertainty abroad. The value approach carries the possibility that a stock judged to be undervalued is actually appropriately priced.

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