The fund seeks 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 the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.
Next, the research team Invests in securities of companies that are estimated to trade below their fair values relative to factors such as assets, sales, earnings, growth potential, or cash flow, or relative to peers.
The team also invests in domestic and foreign issuers.
In addition, the team evaluates a company’s financial condition and industry position, as well as market and economic conditions.
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.