Description

The fund's main objective is to attain substantial long-term capital appreciation by primarily investing in equities. Customarily, a minimum of 80% of its net assets—which accounts for any capital acquired through borrowing for investment purposes—will be committed to the common stock of a diverse array of growth companies. While the portfolio's predominant focus will be on U.S. common stocks, the fund maintains the option to invest in foreign equities when consistent with its overarching goal. Notably, this fund is designated as non-diversified.