The fund seeks primarily capital appreciation and secondarily current income in the long term by investing in mid-and large-size companies in the United States.
The sub-adviser’s investment process is designed to identify well-established companies demonstrating sustainable earnings growth and strong free cash flow potential that are trading at attractive valuations. The process focuses on companies with strong market franchises in industries that are poised for long-term growth.
Next, the research team uses quantitative techniques and fundamental analysis to highlight companies exhibiting leading market positions, capable management teams, and strong financial fundamentals.
In addition, the team also invests in companies that are estimated to have reasonable prospects for dividend growth.
The fund may invest up to 10% of its net assets in hybrid instruments.