The fund seeks capital appreciation in the long term by investing in mega-and large-size companies in the United States.
The sub-advisor’s investment process starts with a list of companies in the benchmark index and the strategy seeks to outperform the benchmark index over a full market cycle of typically three to five years.
However, the sub-advisor focuses on maintaining a risk profile similar to the benchmark index.
Then the investment team constructs a well-diversified portfolio based on the research team recommendations.
The team constructs a portfolio with sector exposures, as well as value and market capitalization characteristics that are relatively consistent with those of the index.