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 included in the benchmark. The research team then with the help of quantitative analysis focuses on companies that are trading at discounts to their book values.
Next, the team also valuates the reasons for the stocks to be out of favor with investors including market cycles, management challenges, or financial stress. In addition, the team estimates long-term growth outlook of companies facing what are perceived to be temporary problems.
The investment team favors financially strong companies with attractive long term outlook and current market valuation.
The fund may invest up to 25% of its total assets in foreign securities.