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

The investment process combines quantitative and qualitative analysis to identify companies in the benchmark index that have the potential to increase in value.

The disciplined, bottom-up process focuses on a company’s free cash flow generation, product or process enhancements, margin increases, and improved capital structure management.

Then the research team selects companies on the basis of their

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

The investment process combines quantitative and qualitative analysis to identify companies in the benchmark index that have the potential to increase in value.

The disciplined, bottom-up process focuses on a company’s free cash flow generation, product or process enhancements, margin increases, and improved capital structure management.

Then the research team selects companies on the basis of their financial condition, industry position, market opportunities, senior management teams as well as any relevant economic, political and regulatory factors.

In addition, the team also integrates environmental, social, and governance factors into its investment process.

Then the manager constructs a concentrated portfolio with typically 30 to 40 core holdings invested across three distinct categories such as Special Situations, Opportunistic and Classic.

Special Situations have unique attributes such as restructurings, spin-offs, post-bankruptcy equities that require specific methodologies and customized investment research.

Opportunistic investments are companies that have become inexpensive for a tangible reason that the manager believes is temporary.

Classic investments are those companies with long histories of shareholder-friendly policies, high-quality management teams and consistent operating performance.

The fund has the flexibility to invest in stocks of foreign companies. At times, the manager may emphasize certain sectors that will benefit from market or economic trends.