The fund seeks capital appreciation in the long term by investing in small-size companies in the United States.
The 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 either growth or value securities.
The research team combines research, valuation and stock selection as part of its process.
In selecting growth securities, the team focuses on companies that have a track record or prospects for above-average growth.
Growth companies include those with leading competitive positions, predictable and sustainable business models and competent management that can deliver consistent growth.
In selecting value securities, the team prefers attractively-valued companies with durable franchises and that have the ability to grow intrinsic value per share.
In addition, the team also integrates environmental, social and governance factors in its investment process.
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 portfolio holds companies that have the potential to outperform the Index.