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 focuses on companies that are lagging in market price.
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 25 and 50 positions.
The fund may also invest up to 25% of its net assets in foreign securities, either directly or through the use of American Depository Receipts.
Additionally, the fund does not invest in tobacco, liquor, or gaming companies.
Also, the fund has the flexibility to invest across market capitalizations.
