OVERVIEW (as of 3/31/2008 )
 
Investment Objective:The fund seeks to provide long-term capital appreciation. Any income received is incidental to this objective.

Investment Strategy:The fund is actively managed and invests in a diversified portfolio of large- and medium-size U.S. companies whose stocks are considered by the fund’s managers to have above-average potential for growth in revenue and earnings.

Investment Suitability:This fund may be suitable for investors who seek high, long-term rates of return, can accept significant short-term fluctuations in account value, want to invest in growth-oriented stocks and would like to diversify their portfolio by adding a potentially higher return, higher risk option of stocks. The fund will not concentrate in any particular industry, but at times it may be heavily invested in a particular economic sector. This may result in greater short-term price volatility.