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 companies engaged in the development, production, or distribution of wireless related products or services.

The investment team focuses on companies that are involved in communication services, communication equipment, software and programming, computer hardware, peripherals, storage devices, semiconductors, and data networking for the wireless industry.

Next, the research team focuses on growth companies whose revenues and earnings are likely to grow faster than the economy.

The team also looks for companies demonstrating above-average prospects for capital appreciation and little or no emphasis on dividend income.

In addition, the team considers companies that have the ability to generate profits over the long term.

The team also emphasizes companies that are trading at discounts to their intrinsic value based on price relative to projected future earnings, earnings growth rate and return on equity.

Then the manager constructs a portfolio from a list of companies in the benchmark index favored by the research team and allocates capital based on its conviction level.

The fund is non-diversified, which means it can invest in fewer securities at any one time than a diversified portfolio.

Also, there is no limitation on the fund to invest in securities of foreign issuers.