The fund seeks above-average capital appreciation in the long term by investing in companies across any size in the United States.
The investment process is designed to highlight companies in the benchmark index that demonstrate above-average growth potential.
The strategy focuses on companies located in Minnesota and in the states of Illinois, Iowa, Minnesota, North Dakota, South Dakota and Wisconsin.
Then the research team prefers companies having sustainable competitive advantages and that are trading at reasonable valuations.
The team believes these companies offer high returns on invested capital.
Then the manager constructs a diversified portfolio from a list of companies favored by the research team and allocates capital based on its conviction level.
The fund is generally fully invested, to maintain modest portfolio turnover rates and to moderate risk.
The fund has the flexibility to invest in securities of foreign issuers, which are listed on a U.S. stock exchange or are represented by American Depositary Receipts.
The fund seeks above-average 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.
The strategy focuses on companies located in Minnesota and in the states of Illinois, Iowa, Minnesota, North Dakota, South Dakota and Wisconsin.
Next, the research team prefers companies with attractive business niches, and superior competitive positions.
In addition, the team seeks companies that demonstrate the potential to grow revenues, earnings and cash flows consistently over the long-term.
The team also favors companies with capable management teams having a track record of prudent capital deployment.
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.
Also, the fund may have significant investments in the industrials sector.
The fund may also invest in securities of foreign issuers which are listed on a U.S. stock exchange or are represented by American Depositary Receipts.
From time to time, the fund may invest in initial public offerings.
