The fund aims for long-term capital growth by actively investing in 40-80 small-cap equity securities. The fund is expected to favor quality companies that are perceived as attractively priced with the potential for above-average long-term and compounding returns. Other factors taken into consideration may include the companys financial and industry condition, economic and market conditions, growth potential, earnings estimates, and quality of management. While the fund targets securities primarily from developed markets, it can still invest a portion to securities from developing countries. As an actively managed fund, it has full discretion to make investment decisions outside its stated objectives at any time. As such, the fund can still invest in large- and mid-cap companies from emerging countries, including China A-Shares, as well as in fixed income securities, commodities, and derivatives. The fund may engage in securities lending.