The investment seeks to achieve long-term growth of capital. Under normal circumstances, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, in securities of micro-cap companies (or other financial instruments that derive their value from the securities of such companies). The advisor intends to invest primarily in common stocks, but it may also invest in other securities that a Sub-Adviser believes provide opportunities for capital growth. The fund may invest in U.S. and foreign securities, including securities of companies based in developing countries and depositary receipts of foreign-based companies.