The fund invests in local listed companies and primarily follows a bottom-up stock picking approach. Strong companies undervalued by the market are preferred for the core holdings. The fund has a diverse spread across large and mid-cap companies with less significant weightings in the small cap sector. The fund has limited offshore exposure. The sector focus shifts as sector mixes are optimized after considering macro-economic fundamentals. No minimum investment. Hurdle: Repo rate + 2% , capped at 3.5% p.a.