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 invests in companies that demonstrate superior growth characteristics and attractive valuation relative to underlying profitability.

The team focuses on high quality companies that will grow earnings at least 15%, are trading at attractive valuations with the potential for above-average estimated sales and earnings.

In addition, the team talks to company management teams, their competitors, customers, and suppliers.

The team also looks for situations where the company’s business strength has not yet been recognized by the market.

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 portfolio holds approximately 80 stocks that offer at least 15% returns over the next year.