The Fund seeks to invest in industry-leading companies with a history of strong, sustainable revenue, cash flow, and earnings growth. We believe the companies represented in the Fund are led by strong management teams with established track records and are well positioned to exploit large market opportunities. Common attributes among these companies include proprietary products and services, productive new product development efforts and new product development and product cycle leadership that sustains a strong brand franchise. Given the Fund's emphasis on large-cap growth companies, the largest industry concentrations currently are in the health care and technology sectors. The Fund also invests in financial services, telecommunications services, and select consumer and industrial growth stocks. The investment style utilizes valuation disciplines to identify those companies whose stocks are attractively valued relative to the market and to mitigate the potential downside risk of an investment candidate.