
See exactly how SEMCX's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
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This fund's primary objective is to achieve long-term growth in invested capital. It typically allocates at least 80% of its total net assets—including any funds borrowed for investment purposes—to owning shares of mid-sized companies. The investment strategy involves the sub-advisers seeking out businesses that, while offering attractive valuations (characterized by low price-to-earnings and price-to-book ratios), concurrently exhibit strong, enduring growth prospects and a high likelihood of experiencing positive revisions to their future earnings forecasts.
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