The fund seeks to replicate the aggregate price and dividend performance of the benchmark index before fees and expenses 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.
The passively managed fund seeks to replicate the composition and performance of the benchmark index, holding each security in approximately the same proportion as its weighting in 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.