BSMC aims for long-term growth of capital, investing in equity securities of U.S. companies. The fund employs a bottom-up approach, using value investing principles to identify securities perceived as undervalued. The strategy is based on parameters such as earnings and cash flow. While BSMC can diversify to non-US stocks, cash or short-term equivalents, it may also concentrate on specific sectors depending on the investment opportunities present. The fund targets firms in the small- and mid-capitalization space.