The primary objective of this fund is to generate substantial capital appreciation over the long term. It primarily invests in the equities of large, established corporations, which are defined as companies possessing a market capitalization of $5 billion or more at the time of acquisition. The strategy focuses on what the managers identify as "growth" enterprises, characterized by projected revenue expansion exceeding the U.S. gross domestic product and a potential for sustained increases in per-share earnings and/or cash flow.
