Industry description
The investment seeks to achieve long-term, after-tax returns for its shareholders through investing in a portfolio of equity securities.
Under normal circumstances, the fund invests at least 80% of its net assets in growth securities. Growth securities are equity securities of growing companies that the portfolio managers believe are reasonably priced in relation to their fundamental value and are constituents of the Russell 3000 Growth Index. It invests in a broadly diversified selection of equity securities, seeking companies with above-average growth and financial strength. It is non-diversified.