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

The investment process is designed to highlight companies that invest in securities of emerging technology companies that are well-positioned to become market leaders.

The investment team believes emerging technology companies have the potential to develop, or are expected to benefit from, new technology or significant improvements or enhancements to existing technology.

Next, the research team utilizes a top-down technique to analyze economic conditions, sectors and industries.

The research process is driven by fundamental analysis of one stock at a time. The team evaluates a company on the basis of its earnings growth potential and management team.

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

Additionally, the fund has the flexibility to own stocks of newer, less-established companies of any size.

The fund may, to a lesser extent, invest in equity REITs, common stocks of foreign companies and American Depositary Receipts.
 

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

The investment process is designed to highlight companies that are engaged in the research, development, production, or distribution of products or services related to health care, medicine, or the life sciences.

Next, the research team considers pharmaceutical firms, designers and manufacturers of medical equipment and supplies, operators of hospitals, other health-care services, and biotechnological researchers and developers as related to health science companies.

The research team utilizes quantitative techniques and fundamental analysis to assess a company’s valuation, earnings growth potential, competitive advantages and the expertise of its management team.

Then the research process is driven by fundamental analysis of one stock at a time. The research team narrows the investable universe to a list of companies that are well-positioned to take advantage of technological advances, innovative changes and demographic trends affecting the health science industry.

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

The manager invests at least 25% of the fund’s net assets in companies doing business in the health science industry, but will regularly invest in health science companies well in excess of this amount.

The fund may invest in real estate investment trusts, securities of foreign companies and American Depositary Receipts.

The fund has the flexibility to invest across all market capitalizations.

The fund seeks 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 are underappreciated and trading at a discount to their estimated intrinsic value.

The process seeks companies that demonstrate above-average growth potential at attractive prices.

Next, the research team begins with an analysis of the economy and various macroeconomic factors, followed by an evaluation of specific sectors and industries.

Then the team focuses on the most attractive companies on the basis of qualitative and quantitative factors.

In addition, the research team looks for companies that have potential for growth in sales and earnings, as determined by a superior business model.

Then the manager constructs a portfolio that will generally hold between 25 and 40 stocks. The stock selection and industry weightings are based on fundamental analysis and an assessment of a stock’s risk-reward.

The fund may to a lesser extent invest in real estate investment trusts, securities of foreign companies and American Depositary Receipts.

The manager has a long-term focus and seeks to keep the fund’s portfolio turnover to a minimum relative to its peers.

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

The investment process is designed to highlight companies which produce, design, or market technology products or services; rely extensively on technology in their product development or operations; or which benefit from technological advances and improvements.

The strategy seeks to invest at least 25% of its net assets in technology companies which develop, produce or distribute products or services related to computers, semi-conductors and electronics.

Next, the research team focuses on the most attractive areas within technology.

The team then narrows the investable universe based on company fundamentals and a long-term focus outlook.

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

The fund has the flexibility to invest in stocks of smaller capitalization companies as the manager generally does not base stock selections on a company’s size.

The fund may also invest in REITs, securities of foreign companies and American Depositary Receipts.

The fund seeks 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.

Next, the research team invests in companies exhibiting above-average growth potential that are trading at attractive prices.

The team utilizes a combined approach of top-down analysis and bottom-up stock selection.

As part of the top-down approach, the team takes into consideration factors such as long-term economic, demographic and geopolitical themes.

These include such macroeconomic factors as interest rates, inflation, the regulatory environment and the global competitive landscape.

Also, in the top-down analysis, the team identifies sectors, industries and companies that would benefit from the overall themes.

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 companies with earnings growth not yet recognized by the market.

The team also focuses on a company’s specific market expertise or dominance, its competitive durability and pricing power, solid fundamentals, capable and ethical management, apparent commitment to shareholder interests and reasonable valuations.

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 40 common stocks.

The fund invests to a lesser extent in equity REITs, common stocks of foreign companies and American Depositary Receipts.
 

The fund seeks capital appreciation in the long term 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 looks for companies demonstrating above-average earnings growth potential that are trading at reasonable valuations.

Then the research team relies on top-down macroeconomic analysis to consider themes, such as globalization, demographics, productivity and innovation.

Next, the team focuses on companies with earnings growth potential that exceeds the overall market.

Additionally, the research team evaluates factors such as the company’s specific market opportunity, fundamentals, track record of management teams, and commitment to shareholder interests.

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 portfolio typically holds 30 to 40 stocks across a select set of sectors.

The fund may invest in real estate investment trusts, securities of foreign companies and American Depositary Receipts.

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 above-average growth potential at attractive prices.

Next, the research team utilizes quantitative analysis to assess key macroeconomic factors and identifying long-term trends.

The team then narrows the investable universe to a list of best performing companies in sectors and industries.