Industry description
The investment seeks to achieve long-term growth of capital.
The fund invests primarily in equity securities that the subadvisers consider to be undervalued. Under normal circumstances, it invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in the securities of companies whose market capitalizations at the time of purchase are within the market capitalization range of companies included in the Russell 2000® Index or the S&P SmallCap 600 Index.