OVERVIEW (as of 6/30/2010 )
 
Investment Objective:The Fund seeks long-term capital appreciation and current income.

Investment Strategy:The Fund provides exposure to real estate by investing in a limited number of publicly traded real estate securities with strong cash flow growth potential that provides the capacity for sustained dividend increases. The Fund will be diversified among property sectors and geographical locations.

Investment Suitability:This fund may be suitable for investors who seek the potential for current income and long-term capital appreciation. Investors should be willing to accept significant short-term fluctuations in account value and want to diversify their portfolio through exposure to publicly traded real estate securities. The fund invests substantial assets in real estate investment trusts (REITs) that involve equity market risks as well as risks linked directly to the real estate market. Risks include declines in the value of real estate, general and economic conditions, changes in the value of the underlying property and defaults by borrowers. The value of assets in the real estate industry may go through cycles of relative underperformance and outperformance in comparison to equity securities markets in general.