The fund seeks capital appreciation in the long term by investing in companies across any size outside 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 alternative energy and alternative energy technology companies, both U.S. and international.
Alternative energy includes energy generated through solar, hydrogen, wind, geothermal, hydroelectric, tidal, biofuel, and biomass.
Alternative energy technologies include technologies that enable energies to be tapped, stored, or transported, such as fuel cells; services or technologies that conserve or enable more efficient utilization of energy; and technologies that help minimize harmful emissions from existing energy sources, such as helping reduce carbon emissions.
In selecting securities for the portfolio, the research team focuses on companies whose intrinsic value exceeds its current market price
When assessing a company’s intrinsic value, the team considers factors such as strength of technology, breadth of product line, barriers to entry, the competitive environment, product development, marketing acumen, and management strength and vision.
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 may also from time to time, invest a substantial portion of its assets in cash or cash equivalents.
Additionally, the fund is non-diversified, which means that it invests in fewer companies than a diversified fund.
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 invest in high-technology companies.
The investment team considers a high-technology company to be one that employs a relatively high degree of engineering and/or scientific intensity to deliver its products or services.
Next, the research team focuses on companies in the industries and markets that exhibit the greatest growth potential within the technology sector.
The team relies on fundamental analysis to highlight companies whose intrinsic value is not fully reflected in current market prices.
When evaluating a company’s intrinsic value, the team assesses various factors that influence its earnings potential such as the capability of the technology, breadth of product line, and barriers to entry which include patents and other intellectual property rights.
Also, the research team considers the competitive landscape, product development, marketing acumen, and quality of management and vision of a company.
Then the manager constructs a portfolio of stocks from a list of companies in the benchmark index favored by the research team and allocates capital based on its conviction level.
Additionally, the fund has the flexibility to own stocks of newer, less-established companies in the small- or mid-cap categories.
There is also no percentage limit on the fund’s ability to invest in securities of foreign issuers.
The fund is non-diversified, which means that it invests in fewer companies than a diversified fund.
