The fund seeks capital appreciation in the long term by investing in large-size companies in the United States.
The sub-adviser’s investment process is designed to highlight companies with market leading positions or franchises, technological edge or unique competitive advantage.
Next, the research team looks into factors such as earnings revision trends, estimated earnings growth rates, sales acceleration, price earnings multiples and positive stock price momentum.
The team narrows the investable universe to companies exhibiting the potential for high returns on invested capital, and high cash conversion ratio.
The fund has the flexibility to invest up to 20% of its net assets in securities of foreign issuers.