COWG intends to target profitability by utilizing a rules-based methodology in constructing its quality earnings portfolio. From the initial universe comprising the 1000 largest US companies, the fund identifies top growth securities by screening for above-average projected free cash flows and earnings over each of the next two years. Eligible securities are ranked by their trailing 12-month free cash flow margin, and the top 100 companies are selected. Index holdings are weighted based on 6-month price momentum. Individual companies are capped at 5% for diversification purposes. The index is reconstituted and rebalanced quarterly in March, June, September, and December.