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 prefers higher-quality companies with established and durable competitive moats that can compound and become larger, more-profitable businesses over time.
Additionally, the team invests in domestic and foreign issuers.
The team also focuses on either growth or value stocks or both.
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.