- Broadly diversified portfolio.
- Actively managed.
- Investment matched to risk tolerance.
The Fund seeks current income. It also considers the potential for capital appreciation. The Fund invests primarily in a selection of affiliated mutual funds and ETFs. This is often referred to as a fund-of-funds investment strategy. The Fund has a target asset class allocation of approximately 20% equity securities and 80% fixed-income securities. Fixed income investments may include investment-grade bonds and below-investment-grade bonds.