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The primary objective of this fund is to generate substantial capital appreciation over an extended timeframe. It strategically invests in a concentrated portfolio of value-oriented equity securities issued by foreign (non-U.S.) companies, focusing on those deemed large-capitalization, with a market value exceeding $5 billion at the point of initial acquisition. A minimum of 65% of its total assets are typically allocated to these international stock holdings. Furthermore, most of its investments target enterprises boasting a global operational reach, as opposed to those whose business…
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