The investment seeks long-term capital growth.
The fund invests at least 80% of its net assets in equity securities issued by large-cap companies. It employs a "value" style of investing, which means investing in equity securities that the fund's subadvisers believe to be trading at prices that do not reflect a company's intrinsic value. The fund may invest in stocks of large-cap companies that are located outside the United States. It generally considers selling a security when it reaches a target price, fails to perform as expected, or when other opportunities appear more attractive. The fund may engage in active and frequent trading of securities.