Description

Typically, this fund commits a minimum of 80% of its total assets, including any funds borrowed for investment, to equities issued by smaller and mid-sized enterprises. The portfolio manager defines these small and mid-cap companies as those whose market valuations, at the time of purchase, align with the market capitalization range of firms within the Russell 2500® Growth Index. The subadviser's aim is to identify high-quality businesses that display robust growth characteristics.