The fund seeks capital appreciation by investing in small-size 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 securities of companies that exhibit the potential for capital appreciation.
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 fund may invest up to 20% of its net assets in securities of foreign issuers and non-dollar securities, and may trade securities actively.
Based on market or economic conditions, the fund may focus in one or more sectors of the market.