The fund seeks primarily capital appreciation and secondarily current income in the long term by investing in mega-and large-size companies in the United States.
The investment process is designed to highlight companies from the benchmark index that are estimated to trade below their fair values.
The multi-step investment process combines quantitative and qualitative techniques to identify attractive investment opportunities.
Then the research team ranks the companies from most attractive to least attractive on the basis of attributes such as valuation, quality, growth, and sentiment.
Next, the team narrows the investable universe to a list of companies that demonstrate an optimal balance between risk and estimated return.
The team also attempts to create a dividend yield greater than that of the S&P 500 Index.
In addition, the process also considers factors such as risk management, transaction costs, and liquidity management.
Then the manager constructs a concentrated portfolio from a list of companies favored by the research team and allocates capital based on its conviction level.
The team employs a risk-managed, quantitative investment process designed to outperform the broad equity market over time.