The fund seeks maximum capital appreciation in the long term by investing in mega-and large-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 invests in companies that are estimated to trade below their fair values and have great appreciation potential.
The team prefers companies whose current market prices are low in relation to earnings.
In addition, the team also considers factors such as a company’s book-to-market value, earnings estimates for the next 12 months, five-year return on equity, as well as valuation multiples on the basis of cash flow and sales.
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.
