The fund seeks to provide capital growth and income by investing in 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.
Next, the research team invests in alternative asset classes and securities that represent sectors, market segments or asset classes that do not represent the general investment universe.
The team analyzes various factors, such as overall economic conditions, fundamental financial criteria, valuation considerations as well as market and technical analysis.
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 portfolio will generally hold between 20 and 40 positions.
The equity securities in which the fund invests will be both domestic and foreign (including emerging markets) and of any market capitalization.
Additionally, the fund may also invest in convertible and preferred securities.
The fund will also invest in unaffiliated ETFs, closed-end funds, business development companies and real estate investment trusts.
