Fund Description

The fund invests at least 65% of total assets in stocks, primarily common stock. Using predominantly quantitative analysis, supplemented by fundamental analysis depending on market conditions, it invests principally in companies that exhibited low price volatility in the past, seeking capital appreciation based on the adviser's view that such a portfolio can lead to future gains. It may at times hold a significant portion of assets in technology sectors. It generally buys stocks with characteristics comparable to those in the Russell 1000 Growth Index. The fund is non-diversified and may invest more in fewer issuers than diversified mutual funds.