The fund seeks maximum capital appreciation in the long term by investing in companies across any size in the United States.
The investment process relies on fundamental research to identify companies that are estimated to trade below their fair values.
The strategy looks for companies with financial strength and excellent business economics.
The research team believes that companies with these characteristics are less likely to experience eroding values over the long term.
Next, the team with the help of qualitative analysis looks for companies with earnings power not yet recognized by the market, an acceptable level of debt and positive cash flow, and cash-producing businesses.
Then the manager constructs a diversified portfolio from a list of companies in the benchmark index favored by the research team and allocates capital based on its conviction level.
The fund may invest up to 25% of its net assets in securities of non-US issuers including depositary receipts, and may include investments in developed markets, as well as emerging and less developed markets.