The fund seeks primarily capital appreciation in the long term and secondarily income by investing in small-and mid-size companies in the United States.
The investment process is driven by fundamental research to highlight companies engaged in the banking or financial services industries.
Then the research team focuses on companies that will invest not less than 25% of its net assets in securities of companies principally engaged in the banking industry and the financial services industry respectively.
The team includes U.S. commercial and industrial banking and savings institutions and their parent holding companies as companies in the banking industry.
Companies in the financial services industry include commercial and industrial finance companies, diversified financial services companies, investment banking, securities brokerage and investment advisory companies, real estate investment trusts, insurance and insurance holding companies, and leasing companies.
Additionally, the team prefers companies that derive a majority of their revenues or earnings from the creation or sale of banking or financial services products, or devoted to such activities, based on the company’s most recent fiscal year.
The team also relies on fundamental analysis to look for companies demonstrating superior earnings growth rate, a competitive advantage in niche markets, or not yet recognized by investors.
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 fund seeks capital appreciation in the long term by investing in companies across any size 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.
Then the research team utilizes a fundamental approach to identify companies whose earnings growth rate exceeds that of their peer group.
The team relies on its proprietary 10-step research process to assess each company’s specific competitive advantages, management strengths/weaknesses, growth drivers and risks, as well as financial and valuation models.
The team prefers companies with perceived leadership positions and competitive advantages in niche markets not yet recognized by investors.
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 manager can invest in companies from a wide range of industries and of various sizes.
The fund seeks capital appreciation in the long term by investing in companies across any size 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 invests in equity securities of U.S. companies, including common stocks, preferred stocks, and securities convertible into common or preferred stocks.
The team favors growth companies with perceived leadership positions and competitive advantages in niche markets not yet recognized by investors.
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 can invest in companies from a wide range of industries.
