The Fund is designed to be the core portion of an investor’s equity exposure. The Fund seeks to invest in high-quality companies operating in attractive industries with long term growth prospects that exceed those of the broader market. Each investment is made with a 3-5 year time horizon in mind so that the favorable growth attributes of the companies in the Fund’s portfolio are allowed to compound in a tax efficient manner. The Sub-Adviser seeks to invest the Fund’s assets in securities that typically exhibit one or more of the following characteristics: they disrupt existing or inefficient business models; they possess network effects that are difficult to replicate; or they generate growing streams of recurring revenue. A 3-5 year holding period allows the Sub-Adviser to look beyond day-to-day market noise and focus on the long-term growth prospects of a company.  The companies in the Fund’s portfolio tend to be large-to-mega cap in size and would generally be classified as growth rather than value. The Sub-Adviser views risk more in terms of permanent impairment of capital and as such, the businesses invested in exhibit strong balance sheets and growing streams of recurring revenue.