The fund seeks capital appreciation in the long term by investing in companies across any size 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 strategy of taking long and short positions in equity securities publicly traded in the United States.

The team buys securities long that have the potential to outperform the equity market, and sells securities short that underperform the equity market.

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 also invest from in futures, swaps and options contracts on securities, and securities indices.

Also, the fund may invest in exchange-traded funds.