Description

This fund aims to generate significant capital growth over the long term. Its strategy involves acquiring stocks that the Adviser anticipates will increase in value. The portfolio primarily targets large-capitalization U.S. enterprises, but also has the flexibility to invest in American Depository Receipts (ADRs) of non-U.S. companies traded on U.S. exchanges, specifically seeking out those demonstrating accelerating expansion in both profits and sales. At least four-fifths of the fund's net assets are committed to securities with a market valuation, at the point of investment, analogous to companies within the S&P 500® Index. The fund maintains a concentrated investment approach.