The fund seeks to provide long-term capital appreciation from an actively managed fund of domestic and foreign companies in the energy and resource sector. The fund specifically holds a concentrated portfolio of firms engaged in the exploration, development, production and distribution of oil, gas, coal, or uranium, and other related activities in the energy industry. Constituents are selected using a proprietary fundamental analysis that seeks to identify undervalued companies with strong management teams and business models that can benefit from both industry and macro-economic trends. Due to the funds active scheme, the adviser may, from time to time, overweight certain sub-industries within the energy sector. The fund may invest in cash and fixed income securities based on the market outlook. In addition, derivatives such as options, futures, forward contracts, and swaps may be used for both hedging and non-hedging purposes.