The fund invests at least 80% of its total assets in 12 to 25 unaffiliated open-end mutual funds (underlying funds) which in turn, invest principally (i.e. at least 80% of their total assets) in common stocks of small and micro-capitalization companies. The adviser currently considers small and micro-capitalization companies to be those with a market capitalization (a company's stock price multiplied by the total number of shares outstanding) that falls within the range of the Russell 2000 Index.
