- A "bargain shopping" approach identifies overlooked opportunities.
- Stock selection seeks long-term growth potential.
- Fundamental research focuses on U.S. and foreign companies with strong future prospects.
The Fund's investment objective is long-term growth of capital. The fund invests primarily in equity securities of companies that are considered to be undervalued. Although the fund will invest primarily in U.S. securities, it may invest up to 20% of its total assets in foreign securities including securities issued in emerging markets.