The investment seeks long-term capital appreciation.
The fund normally invests at least 80% of assets at the time of investment in securities of medium-sized companies. It seeks long-term capital growth by investing primarily in established and emerging companies with capitalizations within the range of companies included in the Russell Midcap® Growth Index. The fund may also invest up to 25% of assets in securities of foreign companies, including emerging market securities. It may invest up to 10% of assets in real estate investment trusts (“REITs”).