The fund seeks capital appreciation in the long term by investing in large-size companies in the United States.
The investment process is designed to highlight well-established companies exhibiting above-average earnings growth potential.
Next, the research team narrows the investable universe to a list of companies with characteristics such as financial strength, market leadership, and experienced management teams.
In addition, the team looks for companies with strong free cash flow growth, good balance sheets, and high returns on capital.
The team may purchase a security if it believes there could be an increase in value as a result of management change, an extraordinary corporate event, a new product introduction or innovation, or a favorable competitive development.
The fund may broadly diversify sector exposure to minimize volatility, but may at times invest significantly in securities of technology companies.