The fund seeks capital appreciation in the long term by investing in companies across any size in the United States.
The investment process is driven by fundamental analysis to identify companies with superior earnings growth potential.
The investment team believes that earnings power determines the value of a business.
Then the research team relies on quantitative techniques to look for high-quality companies demonstrating consistent growth in earnings over the long term.
The team emphasizes companies that meet earnings, return on capital and growth criteria that generate a higher return on capital and superior growth in business value, regardless of overall economic conditions.
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 45 to 60 stocks across many economic sectors.
The manager seeks to diversify the fund's exposure to earnings catalysts such as consumer spending, U.S. healthcare reimbursement and energy pricing. However, the fund may invest its net assets in one or more market sectors such as the industrials and/or technology sector.
The fund may invest in U.S. dollar-denominated securities of foreign issuers traded in the United States and American Depositary Receipts.
