The fund seeks capital appreciation in the long term by investing in mega-and large-size companies in the United States.
The sub-adviser’s investment process seeks to replicate the returns of the benchmark index over a full market cycle.
Next the research team utilizes multiple risk models to evaluate and forecast the risks for all constituents of the benchmark index.
The team utilizes a comprehensive alpha model to assess returns for more than 70 fundamental, technical, and proprietary factors.
Then the manager constructs a diversified portfolio of stocks from a list of companies in the benchmark index exhibiting below average forecasted risk characteristics and lower volatility.
The manager selects securities for the portfolio that offer a higher level of return over a full market cycle.
The fund may invest in any sector, and at times may emphasize one or more particular sectors.
The fund has the flexibility to invest across market capitalizations.