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 excellent companies in the benchmark index that demonstrate attractive prospects for growth.
The investment team employs a proprietary TFCM Core Growth Strategy when selecting securities for the fund.
Next, the research team combines qualitative and quantitative techniques to identify potential investment opportunities. The team focuses on superior companies with excellent management teams and holds them for the long term.
The team then emphasizes companies exhibiting growing revenue and earnings that are lagging in market price and trading at a significant discount to their estimated intrinsic value not yet recognized by the market.
In addition, the team considers companies with fundamental strength that include earnings and sales growth, and high returns on equity and assets.
The team also reviews global economic trends, themes and paradigm shifts. A key part of the investment process is identifying where innovations in business create paradigm shifts that can result in the opening of new markets in which well-run, financially strong companies can benefit.
Then the manager constructs a diversified portfolio from a list of companies favored by the research team and allocates capital based on its conviction level.
The portfolio typically holds 30 to 50 stocks, and may invest in securities of foreign issuers, including American Depositary Receipts.
The fund may invest a large percentage of its net assets in a few sectors, including but not limited to technology, industrials, health care, consumer discretionary, and financials.
