The investment seeks long-term capital appreciation. The fund normally invests at least 80% of net assets in the equity securities of small and mid-capitalization companies and at least 65% in growth stocks. The fund may continue to hold or buy additional shares of a company that is no longer of comparable size until the next annual readjustment of the fund.It relies exclusively on a quantitative investment approach when selecting securities.It will be diversified throughout all major industry sectors.