Allsp.(Lux)W.F.-U.S. All C.Gr.F.I GBP A/  LU0420457722  /

We invest in companies that exhibit robust and sustainable revenue and earnings growth, positive earnings-estimate revision patterns, and fundamental strength confirmed by market sentiment. Our process involves focusing intensely on identifying company growth rates and investing in areas in which the market is underestimating the rate and sustainability of revenue growth or expansion in operating margins. To help manage risk, we maintain a strict sell discipline, responding rapidly to issues that surface from deteriorating fundamentals. We invest principally in equity securities of U.S. companies that we believe have prospects for robust and sustainable growth of revenues and earnings. We select equity securities of companies of any size. We may also invest in equity securities through ADRs and similar investments, as well as equities denominated in U.S. dollars issued by non-U.S. issuers.

We invest in companies that exhibit robust and sustainable revenue and earnings growth, positive earnings-estimate revision patterns, and fundamental strength confirmed by market sentiment. Our process involves focusing intensely on identifying company growth rates and investing in areas in which the market is underestimating the rate and sustainability of revenue growth or expansion in operating margins. To help manage risk, we maintain a strict sell discipline, responding rapidly to issues that surface from deteriorating fundamentals.