| NASDAQ (NMS) Exchange | US Country |
The fund is designed for investors looking to capitalize on the growth potential of mid-capitalization companies, which are defined by their market capitalization. By targeting investments within the range of the Russell Midcap and S&P MidCap 400 Indices, the fund aims to offer a diversified portfolio within this specific segment of the market. The strategy primarily focuses on investing at least 80% of its assets in common stocks of mid-capitalization companies, leveraging the potential for significant growth and returns that these companies may offer. The sub-adviser's definition of mid-cap companies aligns with these indices, selecting companies that offer a balance between the agility of smaller companies and the stability of larger corporations.
The fund's products and services are centered around providing investors with strategic exposure to mid-cap stocks, which are detailed below:
This is the core offering of the fund, where a significant portion of the asset allocation goes towards common stocks of mid-capitalization companies. This approach seeks to tap into the potential of mid-cap stocks to offer higher growth rates compared to their larger counterparts, while often being less volatile than smaller companies. The investment focus is on companies that fall within the market capitalization range of the Russell Midcap and S&P MidCap 400 Indices, aiming to capture diversified growth opportunities.