The fund seeks primarily current income and secondarily capital appreciation in the long term by investing in large-size companies in the United States.
The investment process employs a value-oriented approach to identify companies that are mispriced and have the potential to outperform.
Next, the research team focuses on dividend-paying companies. The team also combines fundamental and systematic research to understand a company’s outlook and opportunity.
The fund manager constructs a portfolio of companies selected from a list favored by the research team and allocates assets to individual holdings consistent with its risk management principles.
The fund may from time to time emphasize one or more sectors in selecting its investments, including the financial services sector.
The fund may invest up to 25% of its net assets in securities of foreign issuers.