The fund provides concentrated exposure to the US equity market. It primarily invests in 25-50 US companies that have leadership positions in their respective industries. The fund may invest in companies of any market capitalization. Although, it seeks to emphasize large, well-established companies with strong fundamentals. Investments may be removed when original attributes, including valuation parameters, are lost or no longer attractive, in the opinion of the portfolio adviser. The fund may invest up to 100% of its net assets in foreign securities and a portion of its assets in securities of companies outside the US and Canada.