Industry description
The investment seeks long-term capital appreciation.
Under normal market conditions, the fund will invest at least 80% of its total assets in equity securities of small cap U.S. companies. The fund will normally invest 5% or less of its total assets in futures, although it can invest up to 20% of its total assets in such instruments. The fund will also use futures and options on futures contracts for U.S. equity securities and indices, and exchange-traded-funds ("ETFs") to adjust market exposure or manage cash needs.