KNOW aims for income and capital growth by investing in roughly 100 companies via equity and fixed income securities. The funds Fundamentals First strategy involves a long-only, long-term approach that emphasizes fundamental investment research and analysis, to measure a securitys intrinsic value based on related economic and financial factors. Equities comprise 65%-90% of assets, which include stocks and ADRs of any size or sector from around the world. Fixed income securities comprise 10%-35% of the portfolio and could be of any maturity or credit quality. These include corporate bonds, T-bills, money market instruments, and other fixed income ETFs. The fund performs due diligence to determine quality and attractive prices. The fundamental assessment includes a review of a companys filings and press releases, industry data, and interviews with management. As an actively managed fund, the portfolio manager has full discretion to make buy, hold, and sell decisions at any time.