The fund seeks capital appreciation in the long term and principal preservation by investing in mid-and large-size companies in the United States.

The investment process is designed to highlight companies in the benchmark index that demonstrate earnings growth potential.

The Investment team integrates environmental, social and governance factors as part of its process.

Then the research team utilizes fundamental techniques to identify companies with sustainable competitive advantage and that generate consistent high returns on capital.

Additionally, the team focuses on companies having increasing margins, cash flow strength, zero to moderate debt and that are trading at a discount to their estimated intrinsic value.

Next, the team narrows the investable universe to a list of attractively priced companies with reasonable valuations.

Then the manager constructs a concentrated portfolio of 15 to 25 securities from a list of companies favored by the research team and allocates capital based on its conviction level.

Also, the fund may not invest 25% or more of its net assets in one or more industries, and may focus its investments from time to time in one or more sectors of the economy or stock market.

The fund is non-diversified, which means that a significant portion of its net assets may be invested in the securities of a single or small number of companies and/or in a more limited number of sectors.