The investment seeks capital appreciation.
Under normal conditions, the fund invests at least 65% of its net assets in equity securities of mid-sized companies. It follows a growth style of investing, which means that the portfolio management team favors companies that the adviser believes show the potential for strong revenue and earnings growth. The fund may invest in U.S. companies and may invest up to 10% of its net assets in foreign companies, including emerging market companies and American Depositary Receipts ("ADRs"). The adviser defines foreign companies as those whose securities are traded primarily on non-U.S. securities exchanges.