Description

This fund aims to achieve long-term capital appreciation. It also endeavors to surpass the total return generated by the S&P 500 Index. To fulfill these aims, the fund typically commits a minimum of 80% of its assets to investments falling into three categories: equity securities issued by companies whose market capitalizations are consistent with those found within the S&P 500 Index; investment products that offer indirect exposure to such large-cap companies; and financial instruments linked to equities (equity derivatives).