The fund seeks capital appreciation in the long term by investing in small-size companies in the United States.
The 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 utilizes a growth at a reasonable price investment style to invest in attractively-valued companies relative to their growth prospects.
The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team focuses on companies that exhibit durable earnings growth rates, high returns on equity, low debt levels, and capable management teams.
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 portfolio holds between 45 and 50 stocks.
The fund does not invest more than 20% of its net assets in foreign securities.
The fund seeks capital appreciation in the long term by investing in small-and mid-size companies in the United States.
The 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 utilizes a growth at a reasonable price investment style to invest in companies that are attractively valued relative to their growth prospects.
The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team focuses on companies that exhibit durable earnings growth rates, high returns on equity, low debt levels, and capable management teams.
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 portfolio holds between 40 and 60 stocks.
The fund does not invest more than 20% of its net assets in foreign securities.
