Stocks that pass this screen are sorted into 13 sectors and 34 industries reflecting statistical and fundamental economic relationships among peer stocks. With the resulting stocks, the portfolio is then built using several techniques designed to reduce risk. Portfolio rebalancing is a disciplined process.
Special attention is paid to trading costs to reduce the erosion on overall portfolio performance.
Investment in small company stocks may be subject to a hig her degree of market risk than the securities of more established companies. If the Fund's perceptions of a company's value are wrong, the securities may not perform as expected, reducing the Fund's return. For a complete description of the Fund's risk please read the Prospectus .