Description

The primary objective of this fund is to achieve long-term capital appreciation. It pursues this goal by primarily investing in common stocks, specifically chosen for their strong growth potential. Typically, at least 50% of its equity assets are allocated to medium-sized companies. These mid-sized enterprises are identified by their market capitalization – a widely accepted measure of a company's size and value – falling within the parameters of the Russell Midcap® Growth Index. The fund also retains the option to invest in foreign securities, potentially including those from developing economies.