The fund seeks capital appreciation in the long term by investing in companies across any size in the United States.
The sub-adviser’s 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 invests in equity securities.
The team favors companies exhibiting above-average potential for growth in revenue, earnings, and cash flow.
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 fund invests its net assets in the securities of a limited number of companies that demonstrate a high probability for superior growth.
Also, the fund may, from time to time, take temporary defensive in attempting to respond to adverse market, economic, political, or other conditions in cash and/or cash equivalents.
In addition, the fund will not invest in securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, and gambling enterprises.
Also, the fund will not invest in securities issued by any company that is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or alternative lifestyles.