Fund Description

The fund invests in small- and mid-cap domestic equity securities based on the advisor's assessment of their relative return potential. It seeks an appropriate balance between strong growth prospects and reasonable valuations relative to industry peers. Security selection is driven by a quantitative process that evaluates all securities in its benchmark, the MSCI US Small + Mid Cap 2200 Index, while aiming to maintain a risk profile similar to the Index. Under normal circumstances, at least 80% of assets are invested in equity securities.