The fund seeks long term capital appreciation by investing in small-size companies in the United States.
The investment process starts with a list of companies in the benchmark index and then the research team with the help of qualitative analysis narrows the list that are trading at a discount historically, to their peers, or general market.
The team with the help of quantitative and qualitative analysis identifies reasons of undervaluation and evaluates companies’ capabilities or market conditions to lead to higher valuations in the near future.
The fund may invest up to 20% of its net assets in foreign securities and may invest in real estate investment trusts. From time to the fund may emphasize one or more sectors including financial services.