KONG

KONG seeks long-term capital appreciation by primarily investing in large- and mid-cap securities from around the world, including developed and emerging markets. The actively managed fund combines quantitative and fundamental analyses to identify buy, sell, or hold opportunities. The investment process seeks to identify companies with lower debt levels, lower volatility, increasing dividends, higher return on equity, operating margins, and earnings growth when compared to the broader universe. Holdings generally look to be approximately 30 securities which may include common stock, ADRs, EDRs, GDRs or REITs. The fund owns derivatives, which opens investors up to potential counterparty risk. KONG may use these derivatives for hedging purposes or to create income by writing covered call options.