MNNAX : Victory Munder Multi-Cap Fund Class A

Fund Summary

The investment seeks long-term capital appreciation. The adviser pursues the fund's investment objective by identifying secular growth trends and investing in equity securities (i.e., common stocks, preferred stocks, depositary receipts, convertible securities and rights and warrants) of companies the adviser believes will benefit from these trends. In selecting individual securities for the fund, the adviser employs a bottom-up analysis, which involves a thorough review of a company's products and services, competitive positioning, balance sheet and financial stability.