The fund's core objective is to achieve long-term capital growth for its investors. It primarily allocates assets to companies outside the United States, including those situated in developing markets. A significant portion of its portfolio, specifically at least 80% of total assets, is concentrated in the common stocks of smaller capitalization companies. Investment selection is guided by thorough fundamental analysis, where the advisor assesses each issuer's financial health, competitive position within its industry, and broader market and economic trends. The fund also diversifies its holdings geographically, spreading investments across various countries and regions.