Voya Russell Mid Cap Growth Index Portfolio Class S2 is a mutual fund portfolio designed to track the performance of U.S. mid-cap growth stocks. The fund primarily invests at least 80% of its net assets in the equity securities of companies classified as mid-cap and exhibiting above-average growth characteristics. Its investment objective centers on achieving long-term capital appreciation by mirroring the returns of the Russell Midcap Growth Index, a widely recognized benchmark for this segment of the equity market. The portfolio focuses on enterprises positioned in the middle 20% of the U.S. equity market by capitalization, targeting companies projected to deliver faster earnings and revenue growth compared to their mid-cap peers. This approach allows the fund to offer investors diversified exposure to dynamic sectors and industries benefiting from innovation and expansion. Managed by Voya Investment Management, the portfolio combines disciplined, fundamentals-driven security selection with a rules-based indexing strategy, making it a relevant component for investors seeking to capture mid-cap growth trends within a broader asset allocation framework.
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