The investment seeks long-term capital appreciation while managing portfolio volatility. The Sub-Adviser will allocate the fund's assets to achieve targeted exposures among equity investments and fixed income investments. The fund's current target allocation for long-term investments is approximately 55% of its net assets in equity investments and approximately 45% of its net assets in U.S. fixed income investments. The fund's equity allocation will be invested in the following equity asset categories: U.S. Large Cap Equity, U.S. Mid Cap Equity, U.S. Small Cap Equity, and International Equity (excluding emerging markets).