MarketDesk International Moment
Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in securities, including depository receipts, demonstrating positive momentum. It defines positive momentum as having positive price returns for the previous one-, three-, six-, or twelve-month period or returns greater than the Investment Universe for the previous one-, three-, six-, or twelve-month period. The fund is non-diversified.