The fund invests mainly in companies that have been chosen based upon
traditional stock analysis (fundamental "bottom-up" analysis of individual stocks).
The selection adheres to classical shareholder value aspects (the so-called
"undervaluation criterias").
Important factors in making a decision are the transparency of the company's
accounting and its corporate governance. A pre-selection of stocks is made
through quantitative screening. The decision to buy is then made after a
thorough analysis of the available information on each company.