The fund seeks capital appreciation in the long term 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 employs a growth-oriented process to identify high quality companies that are trading at attractive valuations and experiencing positive earnings revisions.
The team looks for companies that could experience future growth rates at levels higher than the Index.
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 10% of its net assets in foreign securities, including those in emerging markets, and may invest in initial public offerings.
The fund may also invest in exchange-traded funds.