Description
The investment seeks capital appreciation. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its objective by attempting to outperform the global equity market over a full market cycle within a framework that attempts to manage portfolio risk. It invests primarily in equity securities of U.S. and foreign issuers, including emerging markets issuers, of any market capitalization. The principal types of equity securities in which the fund invests are common and preferred stock, ADRs and GDRs. The fund may also invest in real estate investment trusts (REITs) of U.S. and foreign issuers.
