The approach is informed by empirical research and the extensive experience of our Investment Committee

• The investment objective is long-term capital growth.
• The investment process is largely quantitative and decision rule-based and is used to identify companies across a broad cross-section of market capitalizations and geographies.
• The investment universe from which the Adviser makes its selections consists of companies in the US, Europe, the United Kingdom, and Asia, among other countries and regions, and may include emerging markets.
• The Adviser utilizes a proprietary systematic sell discipline that allows for the continuous refreshment of the Fund as new ideas present themselves.