The fund seeks capital appreciation in the long term by investing in mid-and large-size companies in the United States.
The investment process is designed to highlight companies in the benchmark index that are trading at a discount to their estimated fair value.
Next, the research team employs a quantitative management strategy to identify potential investment opportunities.
Then the research process is driven by fundamental analysis of one stock at a time. The team ranks stocks on the basis of valuation, profitability, stability, capital allocation policy of management, and market indicators of near term appreciation potential.
In addition, the team also focuses on valuation multiples such as earnings, cash flows, and book value.
Then the manager constructs a diversified portfolio of higher ranked stocks from a list of companies favored by the research team and allocates capital based on its conviction level.
The fund may invest up to 20% of its net assets in securities of foreign issuers, including securities of emerging market issuers.
The fund has the flexibility to invest across all market capitalizations.