The fund seeks capital appreciation by investing in companies across any size in the United States.

The investment process is designed to invest in securities of science and technology companies around the globe.

The investment team considers science and technology companies as companies whose products, processes or services are being, or are expected to be, significantly benefited by the use or commercial application of sc More

The fund seeks capital appreciation by investing in companies across any size in the United States.

The investment process is designed to invest in securities of science and technology companies around the globe.

The investment team considers science and technology companies as companies whose products, processes or services are being, or are expected to be, significantly benefited by the use or commercial application of scientific or technological developments or discoveries.

The team believes such companies derive a competitive advantage by the application of scientific or technological developments or discoveries to grow their business or increase their competitive advantage.

Next, the research team emphasizes growth potential in selecting stocks; meaning it looks for companies with accelerated earnings growth.

Then the research process is driven by fundamental analysis of one stock at a time. The research team then reviews a company’s earnings potential, quality of management, valuation, financial statements, industry position/market size potential and macroeconomic conditions, as well as whether a company’s products and services have high barriers to entry.

Then the manager constructs a portfolio of stocks from a list of companies in the benchmark index favored by the research team and allocates capital based on its conviction level. The portfolio generally holds 35 to 60 stocks.

Many of the companies in which the manager invests have products or services in foreign markets. Therefore, the fund may have indirect exposure to various foreign markets through investments in these companies, even if the fund is not invested directly in such markets.

The fund may also invest in companies that utilize science and/or technology as an agent of change to significantly enhance their business opportunities.

The fund may invest without limitation in foreign securities, including securities of issuers within emerging markets.

The fund is non-diversified, meaning that it may invest a significant portion of its net assets in a limited number of issuers.