The fund seeks total return by investing in companies across any size in the United States.

The sub-advisor’s investment process is designed to highlight companies in the benchmark index that are engaged in the supply, transportation, production, transmission, or demand of energy, also known as the energy value chain.

The investment team considers primary categories of the energy value chain to be energy companies, industrial companies, infrastructure companies, and transportation and logistics companies.

Some of the companies in the different categories include companies across the energy supply chain spectrum, energy-intensive chemical, metal, industrial, and manufacturing companies, companies that design, manufacture, install, own, operate, or service equipment, and companies that provide solutions for transportation and logistics to the U.S. manufacturing industry.

Next, the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Then the manager constructs a concentrated portfolio from a list of companies favored by the research team and allocates capital based on its conviction level.

The actively managed portfolio typically holds 25 to 40 companies.

Additionally, the fund may also invest up to 25% of its net assets in securities of energy-related master limited partnerships.

The fund seeks total return by investing in companies across any size in the United States.

The sub-advisor’s investment process is designed to highlight companies in the benchmark index that are engaged in the supply, transportation, production, transmission, or demand of energy, also known as the energy value chain.

The investment team considers primary categories of the energy value chain to be energy companies, industrial companies, infrastructure companies, and transportation and logistics companies.

Some of the companies in the different categories include companies across the energy supply chain spectrum, energy-intensive chemical, metal, industrial, More