The fund seeks capital appreciation by investing in mid-size companies in the United States.

The investment process is designed to highlight undervalued companies in the benchmark index that are trading at a discount to their estimated intrinsic value.

The investment team also integrates environmental, social, and governance factors into its investment process.

Then the research team prefers companies that are financially sound and have good prospects for the future.

The research team emphasizes compan

The fund seeks capital appreciation by investing in mid-size companies in the United States.

The investment process is designed to highlight undervalued companies in the benchmark index that are trading at a discount to their estimated intrinsic value.

The investment team also integrates environmental, social, and governance factors into its investment process.

Then the research team prefers companies that are financially sound and have good prospects for the future.

The research team emphasizes companies with wide moats or strong competitive advantages that protect market share and profitability.

The team also reviews the company’s income statement, cash flow statement and balance sheet, and analyzes the company’s sustainable strategic advantage and management team. The team also considers companies with quality management teams that will act in the best interest of shareholders.

Then the manager constructs a portfolio of 40 holdings from a list of companies that have the potential for capital appreciation in the long term.

The fund is fossil-fuel free, as it does not invest in companies that derive significant revenues from the extraction, exploration, production or refining of fossil fuels.  However, the fund may invest in companies that use fossil fuel-based energy to power their operations or for other purposes.

The fund may invest up to 20% of its net assets in smaller- and larger-capitalization companies, and may invest up to 20% of its net assets in foreign securities.

The fund strives to outperform the benchmark index over the long run on a risk-adjusted basis with a high active share.