The fund seeks maximum capital appreciation in the long term by investing in companies across any size 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 securities both within and outside the US, including emerging and less developed markets.
The team favors companies within its preferred themes that demonstrate durable growth characteristics.
In addition, the team focuses on companies that are trading at attractive valuations relative to their long-term potential.
Also, the team looks to invest in companies that have exposure to long-term secular growth trends.
The team relies on fundamental analysis to identify industry leaders with attractive growth and valuation characteristics.
In selecting securities for the portfolio, the research team focuses on high-quality companies that have a sustainable competitive advantage, a superior business model and an experienced management team.
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 typically has approximately between 40 and 60 holdings.
The fund may invest in equity-linked securities that provide economic exposure to a security of one or more non-US companies without direct investment in the underlying securities.