The fund seeks capital appreciation in the long term and to maximize after-tax returns by investing in mid-and large-size companies in the United States.
The investment process is designed to focus on high quality companies in the benchmark index with superior earnings growth potential that are available at reasonable prices.
The strategy of the fund is to invest in companies that have solid long-term earnings prospects and to hold these investments for prolonged periods of time,
The team believes that superior relative earnings growth is usually driven by new products and services, niche products in growth sectors and industries, open-ended global growth opportunities, and cyclical companies whose margins are benefiting from a recovery in their respective industries.
Then the research team looks for companies demonstrating earnings and cash flow growth.
In addition, the team analyzes the company’s balance sheet and overall ability to withstand adverse economic conditions.
The team seeks appropriately capitalized open-ended growth opportunities, exceptional leadership, and sustainable competitive advantages.
Then the manager constructs a portfolio from a list of companies favored by the research team and allocates capital based on its conviction level.
The manager relies on research team efforts and seeks to diversify the portfolio across multiple industries, economic sectors and geographic regions to reduce the risk of a particular industry’s or region’s weakness adversely affecting the total fund.
Additionally, the fund invests in small-sized U.S. companies with significant growth potential.
The fund may invest up to 25% of its net assets in issuers of foreign securities, including American Depositary Receipts.
The fund seeks capital appreciation in the long term and to maximize after-tax returns by investing in mid-and large-size companies in the United States.
The investment process is designed to focus on high quality companies with superior earnings growth potential that are available at reasonable prices.
The team believes that superior relative earnings growth is usually driven by new products and services, niche products in growth sectors and industries, open-ended global growth opportunities, and cyclical companies whose margins are benefiting from a recovery in their respective industries.
The research team looks for undervalued companies demonstrating earnings and cash flow growth.
In addition, the team analyzes the company’s balance sheet and overall ability to withstand adverse economic conditions.
The manager relies on research team efforts and seeks to diversify the portfolio across multiple industries, economic sectors and geographic regions to reduce the risk of a particular industry or region.
The fund may invest up to 25% of its net assets in securities of foreign issuers. From time to time, the fund may purchase options, futures contracts or depositary receipts that relate to a particular stock index.
