The fund seeks capital appreciation in the long term by investing in companies across any size in the United States.
The sub-advisor’s investment process uses quantitative techniques and fundamental analysis to identify investment opportunities in companies that demonstrate growth potential.
Next, the research team ranks each stock on a consistent set of growth, quality, and valuation criteria. The sub-advisor may purchase a security if it believes there could be an increase in value as a result of management change, an extraordinary corporate event such as a merger, acquisition, or divestiture, a new product introduction or innovation, or a favorable competitive development.
The fund has the flexibility to invest up to 20% of its net assets in foreign securities, which may include investments in emerging markets.
The fund may at times have significant exposure to one or more industries or sectors.