The investment seeks long term growth of capital. The fund invests primarily in common stocks of medium and large capitalization U.S. companies, but may invest in companies of any size. It seeks to achieve its objective by investing in "growth stocks." These are stocks that the fund's sub-adviser believes demonstrate accelerating cash flows, profit margins and/or revenues. The fund may invest in broad market index exchange traded funds ("ETFs"), money market instruments (including money market mutual funds) or repurchase agreements for an extended period of time.