Strategy. The Fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks of United States companies with market capitalizations that are below $500 million at the time of initial purchase, which the Funds investment adviser refers to as micro-cap companies. The Fund invests in both value-priced and aggressive growth stocks. Generally, the Funds investment adviser seeks to invest in companies with the following attributes: Have demonstrated above-average growth in revenues and/or earnings; Possess relatively low levels of long-term debt; Have a high percentage of their shares owned by company management; and Possess modest price-to-sales ratios and price-to-earnings ratios that are below their long-term annual growth rate. At times, the Fund may … Show more… The Fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks of United States companies with market capitalizations that are below $500 million at the time of initial purchase, which the Funds investment adviser refers to as micro-cap companies. The Fund invests in both value-priced and aggressive growth stocks. Generally, the Funds investment adviser seeks to invest in companies with the following attributes: Have demonstrated above-average growth in revenues and/or earnings; Possess relatively low levels of long-term debt; Have a high percentage of their shares owned by company management; and Possess modest price-to-sales ratios and price-to-earnings ratios that are below their long-term annual growth rate. At times, the Fund may invest in special situations such as companies that possess valuable patents, companies undergoing restructuring, and companies involved in large share repurchase programs. Although the Fund seeks long-term capital appreciation, stocks may be sold in the short-term for several reasons. These include: (1) a companys market capitalization grows beyond $1.5 billion; (2) a companys financial condition deteriorates to the point that the Funds investment adviser believes that the companys long-term growth prospects may be impaired; (3) a company receives a purchase offer from another company; or (4) a companys price-to-sales ratio or price-to-earnings ratio expands to the point that the Funds investment adviser believes the companys stock is significantly overvalued. The Fund is intended for investors who are willing to withstand the risk of short-term price fluctuations in exchange for potential long-term capital appreciation. Show less