Fiscal Year End
|| Latin America Stock
The fund's objective is long-term growth of capital through investment primarily in the common stocks of companies located, or with primary operations, in Latin America.
Invests primarily (normally at least 80%) in companies located in Latin America. The fund seeks to identify companies that can achieve and sustain above-average, long-term earnings growth.
Those seeking enhanced appreciation potential over time and greater diversification for their equity investments who can accept the volatility associated with investing in stocks as well as the special risks that accompany international investing. Appropriate for both regular and tax-deferred accounts, such as IRAs.
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This fund offers investors a convenient way to tap the significant long-term growth potential of companies primarily in Argentina, Mexico, Brazil, Chile, Venezuela, and Peru. Latin America's proven production capabilities, combined with a wealth of natural resources and affordable labor, offer an attractive environment for foreign investment.
Investing in this fund involves a high degree of risk due to its concentration in the emerging economies of a specific region. Share prices are also subject to market risk, as well as risks associated with unfavorable currency exchange rates and political or economic uncertainty abroad. The fund is registered as "nondiversified," which means it may invest a greater portion of assets in a single company than a diversified fund, which could increase risk.