The fund seeks primarily consistent total return and secondarily a high level of income and gains from option premiums by investing in mid-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 securities of companies that are selling at a reasonable price relative to their long-term earnings growth rates.

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 between 30 and 60 individual equity and investment company securities, including ETFs and Unit Investment Trusts.

In addition, the fund may invest up to 15% of its net assets in foreign securities, including American Depositary Receipts and emerging market securities.

In general, the fund focuses its investments in the information technology, consumer discretionary, health care and financials sectors, and may invest up to 35% of its net assets in any one such sector.

The fund will employ an option strategy of writing covered call options on a substantial portion of the common stocks in its portfolio.

The fund seeks current income and capital appreciation by investing in 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 equity securities of companies with a history of paying dividends, and the ability to increase dividends over time.

The team screens companies that have a dividend yield of at least 100% of the market dividend yield, and balance sheet strength.

In addition, the team utilizes a three-step process when evaluating companies on the basis of factors such as the business model, the management team, and the valuation of each potential investment.

When evaluating the business model sleeve, the team looks for sustainable competitive advantages, profitability, stable and growing earnings, and balance sheet strength.

When assessing management, the team evaluates its operational and capital allocation track records and the nature of its accounting practices.

In assessing the valuation for the company, the team strives to purchase securities trading at a discount to their intrinsic value.

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 generally holds between 30 and 60 companies.

The fund holds up to 20% of its net assets in investment grade fixed income securities.

The fund may also invest up to 25% of its net assets in foreign securities (including American Depositary Receipts and emerging market securities).
 

The fund seeks capital appreciation in the long term by investing in mega-and large-size companies outside 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 foreign companies located or operating in developed countries.

According to the team, a foreign company is one whose principal operations are located outside the U.S., or that is organized outside the U.S.

Also, the team considers a foreign company is one whose securities are principally traded outside of the U.S., and/or whose securities are quoted or denominated in a foreign currency.

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 typically holds between 60 and 80 securities of issuers located in at least three countries other than the U.S.

Additionally, the fund has the flexibility to invest up to 30% of its net assets in securities of companies whose principal business activities are located in emerging market countries.

The fund may also invest in debt securities, foreign money market instruments, and other income bearing securities as well as forward foreign currency exchange contracts and other derivative securities and contracts.

In addition, the fund may also invest in foreign debt and other income bearing securities.

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

The investment process is designed to highlight companies exhibiting growth at a reasonable price characteristic. The process focuses on companies trading at a discount to their estimated intrinsic value as determined by discounted cash flows and valuation methodologies.

Next, the research team employs a three-part analysis which includes evaluating a company’s business model, management team, and each potential investment.

In terms of the business model, the team looks for sustainable competitive advantages, high profitability metrics, stable revenue and earnings growth, and a solid balance sheet.

In addition, the team assesses a company’s management on the basis of its operational and capital allocation track records and its accounting practices. The final step in the process is assessing the intrinsic valuation for the company.

The fund typically constructs a portfolio of high-quality companies that maintain proportionately low levels of debt.

The fund may invest up to 35% of its net assets in securities of foreign issuers.

The fund seeks capital appreciation in the long term by investing in mid-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 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 high-quality companies with attractive valuations.

The team prefers industry leading companies in niches with superior growth prospects.

In addition, the team employs a three-step process when evaluating companies.

First, when evaluating the business model, the team looks for sustainable competitive advantages, high levels of profitability, stable and growing earnings, and balance sheet strength.

Second, when assessing management, the team evaluates its operational and capital allocation track records and the nature of its accounting practices.

The final step in the process is assessing the proper valuation for the company.

The team seeks to buy securities trading at a discount to their estimated intrinsic value as determined by discounted cash flows modeling and additional valuation methodologies.

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.

Generally, the portfolio holds between 25 and 40 securities at any given time.

The fund may also invest up to 25% of its net assets in foreign securities (including American Depositary Receipts and emerging market securities).