The fund seeks capital appreciation in the long term by investing in small-and mid-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 equity securities of companies that exhibit excellent prospects for capital appreciation not reflected in their current valuations.

The team evaluates companies on the basis of factors, such as growth over extended periods of time, above-average profitability created through operating efficiency, and cash flows that confirm the sustainability of growth.

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.

At times, the manager may emphasize certain industries or sectors.