Description

This fund's primary objective is to achieve substantial long-term growth in the value of its investments. Under normal market conditions, it predominantly allocates capital to equity securities issued by smaller companies. However, it also retains the flexibility to invest in firms with micro-, mid-, and large-market capitalizations. A core policy dictates that at least 80% of the fund's total assets are typically committed to securities of U.S.-based small-capitalization companies. The portfolio may comprise various types of equities, including common and preferred stocks, as well as those traded over-the-counter.