FUNDAMENTAL EQUITY FUND B CLASS (AFDBX) Exchange: NMFQS

DELISTED - The fund will generally invest in larger-sized companies using a quantitative model that combines fundamental measures of a stock's value and growth potential. To measure value, the managers may use ratios of stock price-to-earnings and stock price-to-cash flow, among others. To measure growth, the managers may use the rate of growth of a company's earnings and cash flow and changes in its earnings estimates, as well as other factors. The model also considers price momentum. The portfolio managers attempt to build a portfolio of stocks that provides better returns than, and a dividend yield comparable to, the S&P 500® Index, without taking on significant additional risk.   Under normal market conditions, the fund will invest at least 80% of its net assets in equity securities.    Although the portfolio managers intend to invest the fund's assets primarily in U.S. securities, the fund may invest in securities of foreign companies.    When determining whether to sell a security, the portfolio managers consider among other things, a security's price, whether a security's risk parameters outweigh its return opportunities, general market conditions and any other factor deemed relevant by the portfolio managers.