Level Two: Manager Fact Sheet
Used in the Directed Account Plan Value Stock Option
as of 12/31/09
This Fund seeks to provide long-term growth of capital. The fund is non-diversified and intends to pursue its objective by focusing on equity investments in a smaller number of companies, an/or in a more limited number of sectors than diversified mutual funds. The fund typically invests in securities of between 20 to 100 companies at one time. The fund is flexibly managed, with the ability to invest in equity, debt, and fixed income securities, in different industry sectors and in foreign issuers. The fund may invest in companies regardless of the size of their market capitalization, but primarily invests in companies with market capitalizations of at least $100 million.
Annual Performance
Comparison to Benchmark
* Note
Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost.