Fund Description

The fund invests primarily in common stocks, normally investing at least 80% of assets in blue chip companies, which are well-known, well-established, and well-capitalized companies that generally have large or medium market capitalizations, as defined by the adviser. It seeks companies the adviser believes have above-average growth potential, including domestic and foreign issuers. Security selection uses fundamental analysis of an issuer's financial condition and industry position, as well as market and economic conditions. Growth potential may be assessed using third-party growth classifications, projected or trailing per-share earnings, sales, or free cash flow growth versus the equity market median, R&D intensity, or capital raising to expand. Derivatives providing related exposure may count toward the 80% policy.