The Fund seeks capital appreciation and income. Conservation of capital is a secondary consideration in selecting portfolio investments. The Fund invests in a diversified portfolio of equity and fixed-income securities, and consists of four separate portions managed by different subadvisers. One portion invests primarily in equity securities issued by U.S. companies (“U.S. Equities Portion”). Another portion invests primarily in equity securities issued by companies that are located outside of the United States (“International Equities Portion”). A third portion invests primarily in equity securities issued by very small companies (“Small-Cap Portion”), and the fourth portion invests primarily in bonds and other fixed-income securities (“Fixed Income Portion”).
The following portfolio managers are responsible for the day-to-day management of the Fund.