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 invest in the electronic technology industry. The investment team has the flexibility to invest more than 25%, and as much as 100%, of the fund’s net assets in that particular industry.
Next, the research process is driven by fundamental analysis of one stock at a time to select investment opportunities.
Then the manager constructs a portfolio from a list of companies in the benchmark index favored by the research team and allocates capital based on its conviction level.
The portfolio typically holds a core position of between 20 and 30 stocks.
The manager employs a flexible investment style and seeks to take advantage of opportunities as they arise. As a consequence, the fund generally has a high rate of portfolio turnover.
The fund may invest without limitation in securities of foreign issuers and certain types of exchange traded funds.
