The fund seeks primarily current income and secondarily capital appreciation in the long term by investing in large-size companies in the United States.

The investment process employs a value investing style to look for undervalued companies that are trading at a significant discount to the present value of future cash flows from a list of companies in the benchmark index.

Next, the research team looks for companies that are out of favor with investors but exhibit financial strength, earnings track record and tr

The fund seeks primarily current income and secondarily capital appreciation in the long term by investing in large-size companies in the United States.

The investment process employs a value investing style to look for undervalued companies that are trading at a significant discount to the present value of future cash flows from a list of companies in the benchmark index.

Next, the research team looks for companies that are out of favor with investors but exhibit financial strength, earnings track record and trading at significant discounts to their estimated value or to peers.

The team narrows the investable universe after an initial review, and in-depth analysis of investment opportunities one company at a time.

The team also focuses on companies with high cash dividends or payout yields relative to the market.

The fund manager constructs a diversified portfolio of companies that are expected to sustain long-term continued and consistent growth from a select list of companies favored by the research team.

From time to time, the fund may be invested in securities of companies in the same economic sector.

The fund may invest in initial public offerings but not in an amount that exceeds 50% of its net assets.

The fund has the flexibility to invest up to 20% of its net assets in American Depositary Receipts.