Fund Description

The fund invests in small-capitalization domestic equity securities based on the advisor's assessment of their relative return potential. It selects securities believed to offer an appropriate balance of strong growth prospects and reasonable valuations relative to industry peers. The advisor uses a quantitative process to evaluate all securities in the fund's benchmark, the MSCI US Small Cap 1750 Index, while seeking to maintain a risk profile similar to that of the Index. Under normal circumstances, at least 80% of assets are invested in small-cap equity securities.