| The investment seeks long-term capital appreciation. The fund normally invests at least 80% of assets in the equity securities of issuers organized or headquartered in European emerging market countries, including but not limited to Hungary, the Czech Republic, Poland, the states of the former Yugoslavia, Bulgaria, Romania, Turkey, the Baltic countries, Russia and the former Russian Republic countries located in Europe. It invests in securities that trade and pay dividends in euros and other foreign currencies. The fund is nondiversified. |