Strategy. Under normal circumstances, we invest: at least 80% of the Funds net assets in U.S. equity securities. We invest principally in equity securities such as common stocks, warrants and rights of U.S. issuers of any market capitalization. The Fund employs a strategy of taking long and short positions in equity securities publicly traded in the U.S. The Fund buys securities long that the Funds portfolio manager believes will outperform the equity market and sells securities short that the portfolio manager believes will underperform the equity market. The Funds long-short exposure will vary over time based on the portfolio managers assessments of market conditions and other factors. In general, the portfolio of the Fund will not be more than 100% long … Show more… Under normal circumstances, we invest: at least 80% of the Funds net assets in U.S. equity securities. We invest principally in equity securities such as common stocks, warrants and rights of U.S. issuers of any market capitalization. The Fund employs a strategy of taking long and short positions in equity securities publicly traded in the U.S. The Fund buys securities long that the Funds portfolio manager believes will outperform the equity market and sells securities short that the portfolio manager believes will underperform the equity market. The Funds long-short exposure will vary over time based on the portfolio managers assessments of market conditions and other factors. In general, the portfolio of the Fund will not be more than 100% long or short on a net basis. The Funds strategy seeks to provide favorable performance while seeking to reduce certain risks relative to a portfolio comprised of only long positions in the same or substantially similar securities, but there can be no guarantee that its strategy will be successful in this regard. We incorporate ESG ratings as a stock specific risk control, where companies with poor ratings will receive a higher amount of forecasted volatility than those with favorable ESG ratings. Show less