Fiscal Year End
The fund's objective is long-term capital growth.
The fund invests at least 80% of net assets throughout the world in the common stocks of companies that are expected to generate a majority of their revenues from the development, advancement, and use of technology. The primary emphasis is on leading global technology companies. The fund will normally seek to invest a minimum of 30% of the portfolio in established and emerging foreign markets and the balance in the U.S.
Those seeking an aggressive approach to long-term capital growth who can accept the risk of loss inherent in a fund investing in a single sector of the economy, as well as the special risks that accompany international investing.
Click on the risk/reward spectrum below to view the funds in that category
This fund aggressively pursues long-term capital growth by investing in foreign and U.S. companies that are expected to benefit from rapid advances in technology. Seeking to capitalize on breakthroughs in a broad range of tech-related industries, the fund has the potential to provide superior capital appreciation.
The fund is less diversified than a non-focused fund and its substantial reward potential is coupled with significant risk. In addition, any foreign holdings could be affected by declining local currencies or adverse political or economic events.