Strategy. Under normal market conditions, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities issued by smaller capitalization companies. The Fund invests principally in common stocks of U.S. companies but may also invest in equity securities of foreign issuers, usually those that are publicly traded in the United States either directly or through American Depositary Receipts (ADRs). The Fund defines smaller capitalization companies as companies having market capitalizations at the time of purchase within the market capitalization range of companies included in the Russell 2000 Index (the Russell 2000 ) at the date of its last reconstitution. As of May 7, 2021, the date of the latest reconstitution of the Russell … Show more… Under normal market conditions, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities issued by smaller capitalization companies. The Fund invests principally in common stocks of U.S. companies but may also invest in equity securities of foreign issuers, usually those that are publicly traded in the United States either directly or through American Depositary Receipts (ADRs). The Fund defines smaller capitalization companies as companies having market capitalizations at the time of purchase within the market capitalization range of companies included in the Russell 2000 Index (the Russell 2000 ) at the date of its last reconstitution. As of May 7, 2021, the date of the latest reconstitution of the Russell 2000 (implemented June 25, 2021), the capitalization range of the Russell 2000 was between $257.1 million and $7.3 billion. The Fund utilizes a fundamentals-driven, company-by-company investment approach that is based on the premise that companies generating strong earnings growth should see their stock price rise. The Fund invests in companies in a broad range of industries, generally focusing on companies delivering at least 20% year-over-year earnings growth (under normal economic conditions) with shares that sell at reasonable price-to-earnings ratios as determined by the Adviser. The Fund targets fundamentally sound companies that are experiencing positive change, such as new products, new management teams or members, acquisitions or divestitures, or legislative changes. The Funds annual portfolio turnover rate may exceed 250%. The Fund employs a firm sell discipline. The Fund will sell a portfolio holding when: The companys fundamentals deteriorate such as contracting profit margins or reduced revenue growth; The Adviser believes investor expectations become unrealistically high regarding the companys outlook; The Adviser identifies a better investment that needs capital to be made available to facilitate its purchase; or The holdings share price reaches the Advisers target price. Show less