The Fund aims to grow in value over a three to five-year period after all fees and costs are deducted. The Fund invests at least two thirds (but typically significantly more) in the shares of companies of any size, listed on the United States’ stock markets. The managers focus on those stocks that they believe have the potential to grow faster than the US economy. Typically, these types of companies do not pay a dividend and instead reinvest any earnings to aid future growth. The Fund’s managers can invest in any industry but normally try to keep investment in any specific industry to no more than 25% of the portfolio.