Fund Description

The fund normally invests primarily in common stocks, investing at least 80% of assets in blue chip companies that the adviser views as well-known, well-established and well-capitalized, generally with large or medium market capitalizations, and that it believes have above-average growth potential. It may invest in domestic and foreign issuers and uses fundamental analysis of each issuer's financial condition and industry position, as well as market and economic conditions, to select investments. Under its 80% policy, it may also use derivatives providing exposure to these investments or related market risk factors.