Fund Description

The fund invests in growth-oriented common stocks of companies whose securities are listed on a U.S. national securities exchange, including via American Depositary Receipts (ADRs). It uses a quantitative formula, the Cornerstone Growth Strategy, screening public companies in the S&P Capital IQ Database with market capitalizations exceeding $175 million to select 50 stocks with the highest one-year price appreciation that also have a price-to-sales ratio below 1.5, annual earnings higher than the prior year, and positive three- and six-month price appreciation. The portfolio holds 50 stocks weighted equally at 2% each, with annual re-screening and rebalancing.