Vaughan Nelson Investment Management
|Managed the Fund Since||Joined the Firm||Began Investment Career|
- Equity Securities Risk:
- Equity securities are volatile and can decline significantly in response to broad market and economic conditions.
- Non-Diversified Risk:
- Non-diversified funds invest a greater portion of assets in fewer securities and therefore may be more vulnerable to adverse changes in the market.
- Options Risk:
- Options may be used for hedging purposes, but also entail risks related to liquidity, market conditions and credit that may increase volatility. The value of the fund’s positions in options may fluctuate in response to changes in the value of the underlying asset. Selling call options may limit returns in a rising market.
- Value Investing Risk:
- Value investing carries the risk that a security can continue to be undervalued by the market for long periods of time.
Before investing, consider the fund's investment objectives, risks, charges, and expenses. You may obtain a prospectus or a summary prospectus containing this and other information. Read it carefully.
CFA® and Chartered Financial Analyst® are registered trademarks owned by the CFA Institute.