The fund seeks capital appreciation in the long term by investing in mid-size companies in the United States.
The sub advisor’s investment process starts with companies in the benchmark index. The research team looks for underpriced companies in the marketplace that are out of favor with investors.
The research team then with the help of qualitative analysis reviews market or economic conditions. The team also employs a bottom-up stock selection process to focus in one or more sectors of the market.
The fund may invest up to 20% of its net assets in securities of foreign issuers and non-dollar securities.