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

The investment process is designed to highlight companies in the benchmark index that are estimated to trade below their fair value.

Next, the research team evaluates a company on the basis of its share price, financial condition, management's utilization of capital, and global factors.

Additionally, the team prefers companies having adequate free cash flow to pay a dividend and ability to consistently increase their dividends on an annual basis.

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

The portfolio has the flexibility to move to a defensive position by holding a higher amount of cash during periods of economic turmoil.