The fund seeks capital appreciation in the long term by investing in companies across any size in the United States.

The investment process is driven by fundamental analysis to focus on companies in the benchmark index that are trading at a discount to their estimated intrinsic value.

The research team looks for companies that are undervalued but have prospects for long-term continued and consistent growth.

Then the research team utilizes intensive fundamental research to construct a diversified portfolio that strives to achieve attractive upside potential and mitigating risk.

The fund is non-diversified and may invest in a relatively smaller number of companies that have good long-term fundamentals.

The fund may invest in securities of domestic and foreign companies, as well as business development companies.

However, the fund has the flexibility to invest a significant portion of its net assets in cash or cash equivalents.