The fund seeks capital appreciation in the long term by investing in companies across market capitalizations in the United States.
The buy-and-hold strategy has an investment process that is designed to highlight companies demonstrating strong earnings and revenue growth relative to the overall market or peer group. The research team also looks for companies with improving returns on equity and a sustainable competitive advantage.
Next, the team assesses growth characteristics of a company such as historical and expected organic revenue and earnings growth rates, positive earnings revisions and price momentum, improving margin, and return on equity.
In addition, the team also takes into account valuation multiples on the basis of earnings, sales, book value, cash flow, balance sheet strength, and earnings growth.
The manager also strives to understand a company’s competitive position in the industry they operate in, market share opportunities, cyclicality and pricing power, corporate governance and management’s ability to create value for shareholders.
The fund has the flexibility to invest in domestic and foreign issuers.
