The investment seeks to achieve current income consistent with the preservation of capital and, to a lesser extent, capital appreciation. The fund invests in shares of other series of the Investment Company ("IC Funds") in proportions that the adviser selects to seek to meet the objective of the fund, which is to produce current income and preserve the value of the investments of retired individuals. The fund generally invests 75% of its assets in fixed income IC Funds and 25% of its assets in equity IC Funds.