The fund seeks capital appreciation by investing in large- and mega-size U.S. companies.
The investment process is designed to focus on identifying companies with a proven track record of earnings growth that are likely to be sustainable, high return to capital and stable or improving free cash flow.
The fund relies on quantitative screens and fundamental techniques to narrow the investable list of companies.
Next, the fund reviews management quality, shareholder friendliness and transparent business models, and sustainable competitive advantages.
The fund favors U.S. companies but may invest in foreign securities.