Fund Description

The fund normally invests at least two-thirds of its net assets in common stocks of natural resource companies, whose earnings and tangible assets may benefit during periods of accelerating inflation. It also invests in other growth companies the adviser believes have strong potential for earnings growth but do not own or develop natural resources. Allocations between natural resource and non-natural resource holdings may vary based on economic and monetary conditions and the adviser's outlook for inflation. Natural resource holdings typically include companies involved with energy, metals, forest products, industrials, utilities, chemicals, real estate, and other basic commodities. At least 50% of total assets is invested in U.S. issuers, with up to 50% in foreign stocks, including emerging markets.