The fund seeks capital appreciation in the long term and current income by investing in companies across any size in the United States.
The investment process relies on fundamental analysis to highlight companies that are market leaders.
Then the research team utilizes a factor-based model to screen niche companies. The team evaluates companies on the basis of factors such as valuations, financial strength, quality and growth of earnings, market capitalization and volume.
Next, the team also focuses companies that exhibit Shareholder Yield strength, which is the combination of dividends and share repurchases.
Then the manager constructs a diversified portfolio from a list of companies in the benchmark index favored by the research team and allocates capital based on its conviction level.
The fund may from time to time emphasize investment in certain sectors of the market.
The fund may also invest up to 20% of its net assets in securities of foreign issuers, which may also include issuers located in emerging markets and frontier markets.
The fund may invest up to 25% of its net assets in real estate investment trusts or foreign real estate companies.
Additionally, the fund has the flexibility to invest up to 20% of its net assets in depositary receipts of foreign based companies and Global Depositary Receipts.
