The Fund's investment objective is to provide a combination of current income and long-term capital appreciation. Under normal market conditions the Fund will invest in a diversified portfolio of equity securities worldwide. The Fund seeks income by investing in stocks the Investment Manager believes offer attractive dividend yields. The Investment Manager seeks capital appreciation by searching for undervalued or out-of-favour securities offering current income and/or opportunities for future capital appreciation. The base currency of the Fund is U.S. Dollar.