The fund seeks total return in the long term by investing in mid-and large-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 narrows down the list utilizing quantitative research and fundamental analysis.
Next, the research team utilizes a proprietary multi-factor model to select securities that it believes share complementary factor exposures.
The team focuses on complementary factors such as mean-reversion, trend following, risk aversion, and risk seeking.
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 at times have significant exposure to one or more industries or sectors, and may hold a portion of its net assets in cash or cash equivalents.