The Fund employs Friess Associates' research-driven investment process. This process capitalizes on the relationship between earnings performance and stock prices by isolating companies experiencing rapid earnings growth that sell at reasonable multiples of earnings estimates and show promise to positively surprise Wall Street.
The Fund maintains a large-cap focus by uncovering stocks exceeding $6 billion in market cap that meet its earnings growth and valuation criteria. This mutual fund doesn't often hold mega-cap companies like many large-cap funds; instead it focuses on the lower end of the large-cap range.
Friess employs a true bottom-up approach, meaning sector weightings and other characteristics are byproducts of its company-by-company research.