RJMG

RJMG invests in a model portfolio recommended by the sub-advisor, Raymond James. The model portfolio has narrow holdings of about 40 "strong buy" or "outperform" stocks, selected from 1200 US-listed equities of various market capitalizations. Generally, a stock is rated as a "strong buy" if it is expected to gain at least 15% total return and to outperform the S&P 500 over the next 6 to 12 months, while a stock has an "outperform" rating if it is anticipated to appreciate and outperform the S&P 500 over the next 12 to 18 months. The sub-advisor excludes equities that do not meet its fundamental and quantitative screens. The remaining securities are then scored based on growth factors, including FCF growth, EPS growth, and EPS revisions. The resulting portfolio is approximately sector neutral and equally weighted, subject to a quarterly rebalancing by the sub-advisor. The fund generally invests proportionally in component securities of the sub-advisor's portfolio, although the fund manager may exercise discretion and deviate from this model.