Fund Description

The fund seeks growth by investing primarily in common stocks selected for their growth potential and normally allocates at least 50% of its equity assets to medium-sized companies, defined by market capitalizations within the range of the Russell Midcap Growth Index. It may also invest in foreign securities. Management uses a bottom-up process, evaluating companies for sustainable growth, return on invested capital, valuation, management strength, and competitive positioning. Stocks may be sold if fundamentals or competitive positioning deteriorate, targeted value is reached, or market cap exceeds the medium-size range. ESG risks and opportunities viewed as financially material may be considered alongside other factors. The fund may lend securities up to one-third of total assets.