- May be suitable as core investment in many portfolios.
- Attempts to reduce risk by shifting between stocks, bonds and cash.
- Seeks long-term growth potential.
The Fund's investment objective is high total return. The Fund will invest in stocks, bonds, money market instruments, and other instruments including derivatives. It has a target asset class allocation of approximately 50% equity securities and 50% fixed-income securities. The active management of the Fund's asset allocation may involve the extensive use of equity and fixed-income ETFs. The Fund may also invest in non-U.S. securities, below-investment-grade bonds and REITs.