The fund seeks capital appreciation by investing in small-size companies in the United States.
The sub-adviser’s 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 reasonably priced growth companies exhibiting the potential to exceed consensus earnings estimations.
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 generating superior earnings growth.
The team prefers companies that are experiencing positive change, such as new products, new management teams or members, acquisitions or divestitures, or legislative changes.
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 invests in companies in a broad range of industries, generally focusing on companies delivering at least 20% year-over-year earnings growth.
Additionally, the fund may also invest in equity securities of foreign issuers, usually those that are publicly traded in the United States either directly or through American Depositary Receipts.
