OVERVIEW (as of 3/31/2008 )
 
Investment Objective:The fund seeks maximum total return consistent with preservation of capital.

Investment Strategy:The fund is actively managed and invests in a diversified portfolio composed primarily of investment grade fixed-income securities with an average dollar-weighted duration normally between three to seven years.

Investment Suitability:This fund may be suitable for investors who have a short to medium-term investment horizon, seek higher returns than those offered by a shorter maturity bond fund, can accept some short-term fluctuations in account value and want to diversify their portfolio with a fixed-income investment option.