The investment seeks capital appreciation. The fund invests mainly in common stocks of companies worldwide in the telecommunication industries that it believes have favorable investment potential. Under normal circumstances, it invests at least 80% of net assets in securities of companies in the telecommunication industries. The fund invests mainly in midsized and large companies, although it can invest in companies of any size. It may engage in a variety of transactions involving derivatives, and engage in short sales of securities, which may effectively create leverage. It's nondiversified.
0.13 (1.27%)