| NASDAQ Exchange | United States Country |
The fund is designed to cater to investors interested in capitalizing on the potential of smaller companies believed to be undervalued in relation to their earnings potential. By focusing primarily on equities within the small capitalization segment of the market, specifically those companies whose market capitalizations fall within the range of the Russell 2000® Value Index, the fund aims to offer a strategic pathway for investing in promising small companies that exhibit significant upside potential. The investment strategy underscores the adviser's confidence in their ability to identify and invest in undervalued assets, leveraging market inefficiencies to the advantage of the fund's shareholders.
The core offering involves the allocation of at least 80% of the fund's assets towards equity securities of small companies. This stipulation ensures a focused investment approach targeting the shares of companies that, despite their smaller size, show promise based on the adviser's analysis of their earnings potential relative to their current market valuation.
"Small companies" are meticulously defined as those with market capitalizations that align with the spectrum of firms listed on the Russell 2000® Value Index at the time of purchase. This classification frames the investment universe within a specific segment of the market, enabling targeted investment strategies that capitalize on the growth potential of smaller, undervalued companies.