Industry description
The investment seeks to provide long-term growth of capital with dividend income as a secondary objective.
Under normal market conditions, the fund is managed using a blended growth and income investment strategy. It seeks to invest primarily in domestic common stocks, balancing its investments between growth and dividend-paying stocks, depending on where value is in the stock market. The fund may also invest in stocks that are currently not paying dividends, but offer prospects for future income or capital appreciation.