Description

The fund aims for significant long-term growth in the value of its investments. Its primary strategy involves committing capital to equity securities of smaller U.S. companies. The subadviser identifies these businesses based on their perceived strong potential for enhancing earnings and appealing valuations. Under normal market conditions, at least 80% of the fund's net assets will be allocated to stocks of small-capitalization firms, which are characterized by market capitalizations falling within the spectrum of companies included in the Russell 2000® Index. Up to 20% of the fund's net assets may also be invested in international securities.