The Sub-Fund aims to provide Shareholders with capital growth and appreciation by investing in common stocks of large-capitalization companies primarily listed, traded, or dealt in on a Regulated Market in the US. The Sub-Fund shall invest in companies that the Investment Manager believes are high-quality, have sustainable competitive advantages accompanied by financial strength and earnings stability, and have leading positions in their industries. Large-capitalization companies typically are companies with market capitalizations of at least $10 billion at the time of acquisition. The Sub-Fund shall invest in securities that have the potential for capital appreciation, or that the Investment Manager expects to resist market decline. Although the Sub-Fund primarily invests in securities issued by large-capitalization companies, it may invest in securities issued by companies of any size. The Sub-Fund may invest in securities of companies across the valuation spectrum, including securities issued by growth and value companies. Considering that long-term earnings potential relative to market expectations is an important component for stock performance, the Investment Manager balances a top-down (assessing the market environment) approach with a bottom-up (researching individual issuers) analysis when selecting securities for the Sub-Fund, and seeks to exploit what it believes to be catalysts for multi-year earnings growth in companies that it believes have strong or strengthening competitive advantages. Earnings catalysts are diversified across both thematic and company-specific projections.