The fund’s objective is to grow capital in the long-term through investing in international small-size companies outside the United States.
The investment process starts with a list of companies in the benchmark MSCI World Ex USA Small Cap Index. The research team then narrows the list using quantitative screens focused on size, growth and quality of earnings. The team then looks to identify regional peers and focuses more on market leaders. The team then with the help of regular review and qualitative research looks for sustainability of business model, management track record in allocating capital and long term outlook for the business.
The fund generally invests in companies between the market capitalization range of $500 million and $8 billion.