The fund seeks income and 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 income producing equity securities.
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 with attractive valuations.
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, from time to time, have significant exposure to one or more sectors of the market.
The fund may also invest up to 25% of its net assets in stocks of foreign companies, including those in emerging markets, which are U.S. dollar denominated and trade on a domestic national securities exchange, including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts.
Also, the fund may invest up to 20% of its net assets in investment-grade debt securities, debt obligations of governments and their agencies and other similar securities, convertible and non-convertible debt securities, U.S. government securities and in money market funds.
The fund seeks capital appreciation in the long term by investing in small-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 focuses on companies that are estimated to trade below their fair values and not yet recognized by investors.
The team favors companies that exhibit above-average growth prospects.
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 that are poised to benefit from recent industry consolidation, exhibit pricing power, have high barriers to entry, and strong brand awareness.
Also, the fund may invest up to 25% of its net assets in securities of foreign issuers, including those in emerging markets, which may include both direct investments and investments in U.S. dollar denominated foreign securities, and in American, European and Global Depositary Receipts.
The fund invests 20% of its net assets in the stocks of micro, mid and/or large capitalization companies, U.S. government securities and other investment companies, including exchange-traded funds.
The fund seeks long-term capital appreciation by investing in small-size companies in the United States.
The investment process starts with a list of companies in the benchmark index and the research team highlights companies that are attractively priced relative to their earnings power, potential business turnaround, and underlying asset value.
The fundamental analysis and quantitative research driven process is designed to discover companies with a high amount of intrinsic asset value and are attractively priced to their earnings potential and book value.
The investment team is prepared to wait for a longer time horizon when investing in deep value situations.
The fund may invest up to 20% of its total assets in companies that are micro, mid or large capitalization and may invest up to 25% in securities issued by foreign companies.
