| NASDAQ Exchange | US Country |
The fund is managed by an Adviser that employs a value investment strategy aimed at achieving growth of capital. This strategy primarily targets Large Cap and Mid Cap common stocks, based on three fundamental components: a Disciplined Approach, Risk Aversion, and a Long-Term Orientation. While the fund primarily focuses on domestic common stock investments, it also includes U.S. traded securities from companies based outside the United States, such as American Depositary Receipts, broadening its investment scope.
This strategy forms the core of the fund's approach to capital growth. By focusing on value investment principles, the Adviser identifies stocks that are believed to be undervalued relative to their intrinsic value. The selection process is stringent, favoring investments in Large Cap and Mid Cap stocks that show potential for consistent growth and stability.
The fund diversifies its portfolio by investing in ADRs, which are U.S. traded securities representing shares in foreign companies. This allows the fund to partake in the growth of companies organized outside the United States while mitigating some of the risks associated with direct investments in foreign markets. ADRs provide a practical way for the fund to gain international exposure while maintaining its focus on value investment.