| NASDAQ (NMS) Exchange | United States Country |
The company operates a mutual fund that primarily focuses on investing in mid cap companies, defined by their market capitalizations aligning with those listed in the Russell Midcap® Value Index. The fund commits at least 80% of its net assets, along with any borrowings intended for investment purposes, towards equity securities of these mid cap entities. This strategic investment approach is guided by a sub-advisor who identifies companies within the specified market capitalization range at the time of purchase, aiming to capitalize on the growth potential of mid cap companies while managing the associated investment risks.
This product focuses on the equity securities of mid cap companies, specifically those whose market capitalizations fall within the spectrum of the Russell Midcap® Value Index at the time of the fund's investment. By targeting these companies, the fund seeks to leverage the growth potential and value opportunities presented by mid cap entities, which may be overlooked by investors focused on larger or smaller companies. This strategy aims to provide a balanced investment approach, combining growth opportunities with a level of risk management.