The fund seeks maximum capital appreciation in the long term by investing in small-size companies in the United States.
The 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 invest in companies demonstrating growth potential.
The team favors companies that possess franchise characteristics, are benefiting from an accelerating profit cycle and are trading at a discount to its estimate of private market value.
In addition, the team looks for companies that are well positioned for long-term growth, which is driven by demand for their products and services.
As part of the security selection process, the team focuses on the global economy in order to find investment opportunities.
Also, the research team integrates environmental, social and governance factors as part of its process.
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.
The fund may invest in the securities of non-US companies, but only if the securities are purchased or sold in the US.
Additionally, the fund may also, from time to time, invest in other private placements and restricted securities.