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| Fund profile |
Objective
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Portfolio manager(s)
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| Delaware American Services Fund seeks to provide long-term capital growth. |
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Jeffrey S. Van Harte (2010)
Christopher J. Bonavico (2010)
Christopher M. Ericksen (2010)
Daniel J. Prislin (2010)
Gregory M. Heywood (2010)
Kenneth F. Broad (2010)
Patrick G. Fortier (2010)
Van Tran (2010)
Delaware Management Company
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Main investment strategies
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The Fund invests primarily in common stocks of companies that we believe have long-term capital appreciation potential and are expected to grow faster than the U.S. economy. The Fund's investment manager, Delaware Management Company (Manager or we), will consider companies of any size or market capitalization. Using a bottom-up approach, we seek to select securities we believe have large end market potential or dominance of a profitable niche market, dominant business models, and strong free cash flow generation that are attractively priced compared to the intrinsic value of the securities. We also consider a company's operational efficiencies, management's plans for capital allocation, and the company's shareholder orientation.
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| Fund information (As of 02/28/10) |
| Equity style |
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| Total net assets |
$164.7 million |
| Class A |
$95.1 million |
| Class B |
$20.5 million |
| Class C |
$34.4 million |
| Class I |
$12.5 million |
| Class R |
$2.3 million |
| Inception date |
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| Class A |
12/29/99 |
| Class B |
02/28/01 |
| Class C |
02/28/01 |
| Class I |
12/29/99 |
| Class R |
10/03/05 |
| Dividends |
Annual |
| Capital gains |
August, December |
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On January 21, 2010, the Board of Trustees of the Fund approved certain name, investment strategy, policy, and other changes to the Fund. In connection with these changes, the management team has also changed. These changes could cause a significant turnover in the portfolio initially. For more complete information regarding these changes, including information concerning the implementation of these events, please obtain a copy of the Fund's prospectus, which contains a supplement dated January 21, 2010. These changes are significant and may affect future performance, as well as create tax implications. A prospectus, along with the supplement, may be obtained by calling 800 523-1918.
Funds that invest a significant portion of their assets in one industry or in related industries may involve greater risks than more diversified funds, including greater potential for volatility.
Effective at the close of business on May 31, 2007, no new or subsequent investments will be allowed in Class B shares of the Delaware Investments® Family of Funds except through a reinvestment of dividends or capital gains or permitted exchanges. http://www.delawareinvestments.com/Corporate/shareholder/supp_bclass.pdf
Investing involves risk, including the possible loss of principal.
Carefully consider the Fund's investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in the Fund's prospectus, which may be obtained by visiting www.delawareinvestments.com/literature or calling 800 523-1918. Investors should read the prospectus carefully before investing.
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