Fund Description

The fund, under normal circumstances, invests at least 80% of its net assets, plus any borrowings for investment purposes, in growth equity securities of large market capitalization companies. For this fund, large market capitalization growth equity securities are securities with market capitalizations within the range of companies comprising the Russell 1000 Index and that are included within at least one of the following growth indices: the MSCI All Country World IMI Growth Index, the S&P 1500 Growth Index, or the Russell 3000 Growth Index. It also invests in medium-cap equities, is primarily actively managed by sub-advisors, and may invest up to 30% using index sampling designed to match the Russell 1000 Growth Index; it is non-diversified.