The fund seeks capital appreciation in the long term by investing in companies in the United States.
The investment process is designed to highlight companies in the benchmark index that have the potential for growth and to pay dividends.
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.
Then the research team focuses on attractively valued companies that represent good, long-term investment opportunities.
The team prefers companies that can benefit from innovation, exploit new technologies or provide products and services that meet the demands of an evolving global economy.
Then the manager constructs a diversified portfolio from a list of companies favored by the research team and allocates capital based on its conviction level.
The fund may invest up to 50% of its net assets in issuers based outside the United States, including those based in developing countries.
The fund has the flexibility to invest in the stocks of smaller capitalization companies.