span style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0%;"The Fund invests, under normal market conditions, at least 80% of its assets in U.S.-listed large capitalization equity securities. For the purpose of the Fund’s 80% policy, a large capitalization company has a market capitalization, at the time of purchase, above $5 billion. The Fund’s 80% policy is a non-fundamental investment policy that can be changed by the Fund’s Board upon 60 days’ prior written notice to /spanspan style="color:#000000;font-family:Times New Roman;font-size:10pt;"shareholders. Equity securities generally include common stock. These securities may be listed on an exchange or traded over-the-counter./spanspan style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0%;"In selecting securities for the Fund, the Fund’s sub-adviser, Fort Washington Investment Advisors, Inc. (“Fort Washington”), seeks to invest /spanspan style="color:#000000;font-family:Times New Roman;font-size:10pt;"in companies that:/spanspan style="color:#000000;font-family:Times New Roman;font-size:8pt;position:relative;top:-1pt;"●/spanspan style="color:#000000;font-family:Times New Roman;font-size:10pt;"Are trading below its estimate of the companies’ intrinsic value; and/spanspan style="color:#000000;font-family:Times New Roman;font-size:8pt;position:relative;top:-1pt;"●/spanspan style="color:#000000;font-family:Times New Roman;font-size:10pt;"Have sustainable competitive advantages in place. Fort Washington evaluates a company’s competitive advantage by assessing its barrier(s) to entry. A company’s barrier(s) to entry can be created through a cost advantage, economies of scale, high customer loyalty, or a government barrier (e.g., license or subsidy). Fort Washington believes that the strongest barrier to entry is the combination of economies of scale and higher customer loyalty./spanspan style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0%;"The Fund is non-diversified and, therefore may, from time to time, have significant exposure to a limited number of issuers. The Fund will generally hold 25 to 45 companies, with residual cash and cash equivalents expected to represent less than 10% of the Fund’s net assets. The Fund may, at times, hold fewer securities and a higher percentage of cash and cash equivalents when, among other reasons, Fort Washington cannot find a sufficient number of securities that meet its purchase requirements. Although the Fund may invest in any /spanspan style="color:#000000;font-family:Times New Roman;font-size:10pt;"economic sector, at times it may emphasize one or more particular sectors./spanspan style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0%;"The Fund will generally sell a security if it reaches Fort Washington’s estimate of fair value, if a more attractive investment opportunity is available, or if a structural change has taken place and Fort Washington cannot reliably estimate the impact of the change on the business /spanspan style="color:#000000;font-family:Times New Roman;font-size:10pt;"fundamentals./span