The fund seeks maximum 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 utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the research team invests in companies that are in an early stage or transitional point in their development and have above average prospects for growth.

The team then focuses on companies with fundamental strengths and/or positive catalysts, such as new management, which may provide for a potential acceleration in the growth rate of the company.

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 construction reflects major social, economic and technological trends that provide a framework for identifying the industries and companies in which the fund will invest. 

Also, IPOs and companies newly public could comprise a significant portion of the fund’s investments.