The fund seeks capital appreciation in the long term by investing in companies across any size in the United States.
The investment process is designed to highlight companies that exhibit above average earnings growth potential. The process also focuses on undervalued companies that are trading at a discount to their estimated intrinsic value.
The research team combines fundamental and quantitative analysis to evaluate potential individual issuers and construct a portfolio that is less volatile than the benchmark index.
The team utilizes fundamental analysis to assign a proprietary fundamental rating for an issuer.
In addition, the team also utilizes quantitative analysis to determine a quantitative rating for an issuer. The research process combines the proprietary fundamental rating with the proprietary quantitative rating to assign a proprietary blended rating for an issuer.
The portfolio is constructed using a portfolio optimization process that considers the blended rating, as well as issuer, industry, and sector weightings, and volatility. The holdings are a combination of growth and value companies.
The fund may invest its assets across different industries and sectors, but may invest a significant percentage of the fund’s assets in issuers in a single industry or sector.
The fund has the flexibility to invest its assets across market capitalizations or in securities of foreign issuers.