The fund seeks to replicate the total return performance of the benchmark index before fees and expenses by investing in small-size companies in the United States.
The sub-adviser’s 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.
The fund is a feeder fund that invests all of its net assets in the Series, a series of the Master LLC, which has the same investment objective and strategies as the fund.
Next, the research team relies on a passive investing style that focuses on companies in the benchmark index.
The research team focuses on securities or other financial instruments that are components of or have economic characteristics similar to the securities included in the benchmark index.
The fund may invest in a statistically selected sample of stocks included in the Index and in derivative instruments linked to the benchmark index.