| NASDAQ Exchange | United States Country |
The fund is an investment vehicle that focuses on capitalizing on the potential of small companies. It operates with the conviction that small companies with compelling valuations, promising growth prospects, and robust cash flows represent an attractive investment opportunity. The investment strategy hinges on a disciplined approach, allocating at least 80% of its net assets, plus any borrowings for investment purposes, to small-capitalization companies. This adherence to what is referred to as the "80% policy" ensures a concentrated investment in the small-cap sector. These companies are defined, in terms of market capitalization, within the range of the Russell 2000® Index at the time of acquisition. The investment manager's role is pivotal, as they are tasked with identifying and investing in small companies that exhibit the fund's desired characteristics.
The cornerstone of the fund's offering is its investment in small-capitalization stocks. Targeting companies within the market capitalization range of the Russell 2000® Index, the fund aims to invest in entities that show promising growth prospects, have attractive valuations, and generate strong cash flows. This focus on small companies is driven by the belief that they offer significant potential for growth and value enhancement, making them appealing investment opportunities.
Central to the fund's strategy is the active management approach employed by its investment manager. Through diligent analysis and a keen eye for opportunity, the manager seeks to identify small companies that are anticipated to outperform. This involves a meticulous evaluation of potential investments to ensure they meet the criteria of attractive valuations, growth potential, and strong cash flows. The active management approach is designed to adapt to market changes, capitalize on emerging opportunities, and strategically allocate resources to maximize returns for investors.