OVERVIEW (as of 3/31/2008 )
 
Investment Objective:The fund seeks to provide long-term capital appreciation.

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 investment managers to be value stocks.

Investment Suitability:This fund may be suitable for investors who seek higher, long-term rates of return, can accept significant short-term fluctuations in account value and want to diversify their portfolio by adding a potentially higher return, higher risk option of value stocks.