| Investment Objective: |
The Fund seeks long-term capital appreciation. Under normal circumstances, fund invest at least 80% of the Fund's net assets in equity securities of large capitalization U.S. companies. The Fund invests principally in equity securities of large capitalization U.S. companies. Adviser define large-capitalization companies as those with market capitalizations within the range of the S&P 500 Index at the time of purchase. The Fund's portfolio managers attempt to incorporate a consistent, disciplined, and repeatable process that combines fundamental analysis with a proprietary valuation framework that seeks to exploit the price inefficiencies of high-quality growth companies relative to their future growth prospects. As part of its fundamental analysis, the portfolio management team looks for growth companies that they believe have a definable business franchise with a distinct competitive advantage, solid long term growth prospects, a strong financial condition and a high-quality management team with interests aligned with shareholders. In addition, the team looks to be aware of how sustainability considerations influence investment outcomes and believes effective risk management requires consideration of material environmental, social and governance ("ESG") risks. |
