The investment seeks long-term capital appreciation.
The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in the stocks of small cap companies. It defines small cap companies as those whose market capitalization are consistent with the market capitalizations of companies in the Russell 2000® Index. The fund may invest up to 25% of its net assets in equity securities of foreign issuers. It may engage in short-sale transactions with respect to 25% of its net assets.