DFLV

DFLV is designed to provide exposure to the large-cap segment of the US equity market. Securities considered for inclusion are those determined to be value stocks and are generally in the highest 90% of the total market-cap of the eligible investment universe. Selection is done through an integrated investment approach, combining research, portfolio design, portfolio management, and trading functions. Although the constituents are to be weighted by market-cap, certain stocks may be overweighted or underweighted as per the discretion of the advisor to ensure a broad and diversified exposure. The advisor also aims to reduce trading costs through a flexible trading approach. Due to the active management, the fund may have a higher portfolio turnover than index funds for this space. Derivatives may be used to leverage exposure or manage cash. Lending of portfolio securities is permitted to generate additional income. DFLV's objective is long-term capital appreciation.