The investment seeks long-term growth of capital. The fund normally invests at least 80% of assets in the securities of companies engaged in the development, production, or distribution of wireless related products or services. Companies that are candidates for the fund include, but are not limited to communication services; communication equipment; software and programming; computer hardware; peripherals; storage devices; semiconductors; and data networking for the wireless industry. It may invest in both small and large companies, without regard to their size. The fund is nondiversified.