Invests in a diversified portfolio of equity securities of companies that represent excellent value relative to their current price. The Fund seeks a higher return than the market index over time as the stocks it purchases rise in price to more normal valuations.
The Management Team
The Fund is managed by the Equity Strategy Team, a group of senior-level investment professionals who average 31 years of experience.
LOW - - - • - - - HIGH
In general, greater returns are associated with greater risks.
|Minimum Initial Investment||$1,000|
Top Ten Equity Holdings2 as of 06/30/2017
|JP Morgan Chase & Company||4.1%|
|Wells Fargo & Company||4.0%|
|Merck & Company Inc.||3.0%|
|Johnson & Johnson||2.9%|
|Exxon Mobil Corporation||2.9%|
1. The Net Asset Value represents the assets of the fund (ex dividend) by the total number of shares.
2. The composition of the portfolio is subject to change in the future.
3. The Russell 1000 Growth Index is an unmanaged index that measures the performance of those Russell 1000 companies with higher price-to-book ratios and higher forecasted growth values. The Index figures do not reflect any fees or expenses.
The Fund is subject to market risk so that the value of the securities in which it invests may go up or down in response to the prospects of individual companies, particular industry sectors and/or general economic conditions.
Holdings and allocations shown are unaudited, and may not be representative of current or future investments. Holdings and allocations may not include the Fund's entire investment portfolio, which may change at any time. Fund holdings should not be relied on in making investment decisions and should not be construed as research or investment advice regarding particular securities.