The fund seeks capital appreciation by investing in mega-and large-size companies in the United States.

The investment process focuses on companies that are lagging in market price and trading at a discount to their estimated intrinsic value from a list of companies included in the benchmark index.

The manager employs a value investing approach in selecting investments and believes that stock prices fluctuate around the true value of a company.

The investment team believes value of a business is a function of th

The fund seeks capital appreciation by investing in mega-and large-size companies in the United States.

The investment process focuses on companies that are lagging in market price and trading at a discount to their estimated intrinsic value from a list of companies included in the benchmark index.

The manager employs a value investing approach in selecting investments and believes that stock prices fluctuate around the true value of a company.

The investment team believes value of a business is a function of the cash flows it will generate over time.

Then the research process looks for growing companies that meet earnings, return on capital and growth criteria with honest and competent management.

Next, the team evaluates the estimated the private market value of the business.

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.

In addition, the team also estimates the cash that a business will generate for its owners in the future. The valuation may focus on asset values, earnings power and the intangible value of a company’s franchise in its market or a combination of these variables.

Then the manager employs bottom-up research to build a concentrated portfolio and may concentrate its investments in securities of relatively few issuers.