The investment seeks to achieve long-term growth of capital. The fund generally allocates approximately 50% of its net assets to a portion of the fund that invests in the common stocks of companies included in the Russell 2000® Index in a manner that is intended to track the performance of that index, commonly referred to as an indexing strategy. These investments typically represent the small-capitalization sector of the U.S. equity market. The other portion of the fund invests in futures and options contracts, including contracts on the Russell 2000® Index, and other strategies to manage the fund's equity exposure.