| Investment Objective |
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| The investment objective of the U.S. Equities Fund is to achieve long-term capital appreciation by investing primarily in the equity securities of U.S. issuers listed or traded on Recognized Exchanges with equity market capitalizations that exceed U.S. $1 billion at the time of purchase. At least two thirds of the investments (in terms of total assets) shall be made in equity securities of issuers established in the U.S. Investments may also be made in companies traded on the U.S. markets. |
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