The fund seeks primarily capital appreciation in the long term and secondarily income by investing in companies across any size in the United States.

The investment process is designed to highlight companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

The strategy blends growth and value investing in its securities selection process.

Then the research team evaluates a company on the basis of factors such as business, management, financial, and price.

In selecting securities for the portfolio, the team looks at the best combinations of a desirable business, capable management, balance sheet strength, and a market price that is at or below its fair value presently or in the future.

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

The manager may invest up to 25% of the fund’s net assets to purchase stocks or convertible securities.

The fund is non-diversified so it has the flexibility to invest a large percentage of its assets in a single company.