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Mid cap stocks are uniquely positioned between small, developing companies and large, mature companies.
Mid cap stocks are often in the growth phase of the business life cycle and exhibit higher cash flows and earnings growth potential than their large cap peers.
Mid Cap Growth Equity portfolios typically consist of names within a market cap range of $1.5 billion to under $12 billion at the time of initial purchase. Securities outside of this range may be purchased if the security falls within the capitalization range of the benchmark, the Russell Mid Cap Growth® Index, at the time of initial purchase.
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