New Age Alpha World Equity Income Series

Objective And Strategy

Objective
Provide total return, comprised of capital appreciation and income.

Strategy
Pursues its objective by investing, under normal market conditions, in at least three countries, one of which may be the United States. The Series invests primarily in foreign and domestic common stocks, preferred stocks or convertible stocks of companies considered to have appreciation possibilities. While the Series may invest in the United States, there is no limit on its foreign investments. Ordinarily, at least 40% of Series assets, but not less than 30% of the Series’ assets, will be invested in securities of non-U.S. issuers. Investments in debt securities may be made when market conditions are uncertain. The Series may invest in issuers of any size, including small-capitalization issuers.

Principal Risks

N/A