The fund seeks capital appreciation in the long term by investing in small-and mid-size companies in the United States.
The sub-adviser’s investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.
Next, the research team seeks to identify quality companies with growth oriented characteristics.
The team prefers companies with proven management teams and long-term sustainable growth.
In selecting securities for the portfolio, the research team focuses on companies with experienced, tenured, high quality management, and business models that deliver consistent long-term growth.
In addition, the team favors leading companies in attractive and defensible niche markets with superior financial characteristics, and appropriate valuation.
Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.