The fund seeks capital appreciation by investing in companies outside the United States.
The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.
Next, the research team invests in companies located in developed countries world-wide (including the United States).
The team may also invest in emerging market countries.
In addition, the team prefers stocks of companies that have the potential to increase in value over time.
The research process is driven by fundamental analysis of one stock at a time.
The team emphasizes companies whose earnings and revenues are growing at an accelerating pace.
Also, the research team integrates environmental, social and governance factors as part of its process.
Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.
The portfolio holds between 30 and 50 companies.