The source for the BRIC nations offering growth rates that are two to five times faster than the U.S. is Russia G20 BRICS countries are an important driving force of economic growth - Lukow.
BRIC is an acronym for the economies of Brazil, Russia, India and China combined.
A Note about Risk: The Lord Abbett Growth Leaders Fund invests primarily in large, mid, and small cap growth company stocks. Mid and small cap stocks tend to be more volatile and can be less liquid than other types of stocks. Mid and small cap companies may also have more limited product lines, markets, or financial resources and typically experience a higher risk of failure than large companies. Larger companies may have slower rates of growth than smaller companies. The value of investments in equity securities will fluctuate in response to general economic conditions and to changes in the prospects of particular companies and/or sectors in the economy. Investments in foreign (including emerging market) companies generally pose greater risks than those of domestic companies, including market, liquidity, currency, and political risks. These factors can affect Fund performance.
Additional Risks to Consider: The securities markets of emerging countries tend to be less liquid, especially subject to greater price volatility, have a smaller market capitalization, have less government regulation and may not be subject to as extensive and frequent accounting, financial and other reporting requirements as securities issued in more developed countries. Further, investing in the securities of issuers located in certain emerging countries may present a greater risk of loss resulting from problems in security registration and custody or substantial economic or political disruptions.
American Depositary Receipts (ADRs) are traded on U.S. exchanges and typically are issued by a financial institution (such as a U.S. bank) acting as a depositary and represent the depositary's holdings of a specified number of shares of a foreign company. An ADR entitles the holder to all dividends and capital gains earned by the underlying foreign securities.
The Fund's portfolio is actively managed and is subject to change. The holdings mentioned are for informational purposes only and are not a recommendation to buy, sell, or hold any security.
All holdings mentioned in this video are as of September 30, 2013.
This broadcast serves as reference material for information purposes only; does not constitute an offer to acquire, solicitation for an offer to acquire, an offer to sell or solicitation for an offer to buy, any securities, nor is intended to be relied upon as a forecast, research, or investment advice on any securities, and cannot be used for any of the foregoing.
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