The fund seeks primarily capital appreciation, secondarily current income, and thirdly conservation of principal by investing in mid-and large-size companies in the United States and Canada.
The fund prefers a multi-manager investing approach to manage its assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.
The adviser’s investment process is designed to highlight well-established companies that are trading at attractive valuations.
In addition, the research team focuses on companies with strong balance sheets and having a track record of consistently paying dividends.
However, the fund does not invest in companies that derive the majority of their revenues from tobacco and/or alcohol.