The fund seeks capital appreciation by investing in mega-and large-size companies in the United States.
The investment process employs a flexible valuation approach to identify companies that are undervalued relative to their estimated intrinsic value.
Next, the research team relies on fundamental analysis to look for potential investment opportunities. The team with the help of quantitative screening tools systematically evaluates companies.
Also, the fund utilizes a long-term investment time horizon when making investments placing a heavy emphasis on cash flow and returns-based methodologies.
Then the investment team allocates capital to a diversified portfolio of stocks that are favored by the research team and consistent with risk guidelines.
Although the fund primarily invests in securities issued by large-capitalization companies, it has the flexibility to invest its assets across market capitalizations.
The fund may invest its net assets in securities of foreign issuers or across different industries and sectors, but may invest significantly in issuers in a single industry or sector.