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A portfolio aimed at long-term capital appreciation with low risk ; it will likely contain a high percentage of & lsquo ; blue-chip ’ companies with low turnover , infrequent trading . The Fund 's objective is to achieve a combination of long-term capital appreciation and current income . In effect , the law instructs the Labor Department to create a safe harbor for plan sponsors who consider capital preservation and the benefit of long-term capital appreciation in the designation of their default fund . VALIC advertised its variable annuity as having a principal objective of long-term capital growth of tax-deferred investments . As to the tension between the housing markets , it is a point of pride with many at Freddie Mac that the retained portfolio grew because the company was buying mortgages and providing liquidity of that market at the time of the collapse of long-term capital management and during the international debt crisis . The Fund seeks a total return of long-term capital appreciation and income of ten percent per annum . The goals of Viking ’ s investment program are to : ( i ) increase its share of tissue paper in Turkey and develop exports of tissue paper to neighboring countries , ( ii ) maintain its share in industrial paper , ( iii ) strengthen its cost competitiveness through increased economies of scale , ( iv ) develop higher value added products , ( v ) upgrade and expand its environmental treatment facility , and ( vi ) broaden the Company ’ s sources of long-term capital financing . The Latin American Discovery Fund is a closed-end fund with an objective of long-term capital appreciation , and it currently trades at a reasonable discount to its NAV of 7.44 % . Keeping some portion of your portfolio invested in the stock market throughout market cycles will let you reap the potent benefit of long-term capital growth .