Description

The fund's primary goal is to achieve significant long-term growth in the value of its investments. Ordinarily, it allocates a minimum of 80% of its total investment capital to the stock holdings of prominent, large-capitalization companies. For the purpose of this allocation, "assets" refers to the fund's net worth combined with any funds borrowed for investment activities. Such "large, well-established companies" are characterized by market capitalizations that align with those found within the Russell 1000® Growth Index at the point of acquisition.