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

The process utilizes three strategies, such as selecting individual equity securities, hedging, and seeking to minimize shareholders’ tax liability.

Next, the research team invests in U.S. exchange listed common stock, preferred stock and depositary receipts.

The team selects long equity positions from companies in the Index.

In addition, the team utilizes its dynamic hedging strategy model to seek to reduce the downside risks associated with the fund’s exposure to equity instruments during adverse market conditions.

Also, the team seeks to minimize shareholders’ tax liability in connection with the fund’s distribution of realized capital gain by minimizing the net gains available for distribution.

As part of its tax aware strategy, the team seeks to sell any security that has breached a predetermined loss level.

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 fund may invest in domestic and foreign companies of any market capitalization or sector.