The fund seeks capital appreciation in the long term by investing in large-size companies in the United States.
The sub-adviser’s investment process is designed to highlight well-established companies demonstrating above-average earnings growth potential.
The research team combines quantitative and qualitative techniques to identify underpriced companies that have the potential for sustainable earnings and revenues growth.
Next, the team analyzes a company on the basis of industry group, company history and financial strength, earnings growth sustainability, catalysts for business improvement, and comparisons of earnings estimates.
In addition, the team also considers factors such as free cash flow, organic growth, valuation, capital returns, and earnings expectations.
The fund has the flexibility to invest up to 20% of its net assets in securities of foreign issuers, and may invest in any sector, and at times emphasizing one or more particular sectors.