The fund seeks 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 significantly in domestic and foreign equity securities of autonomous technol More

The fund seeks 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 significantly in domestic and foreign equity securities of autonomous technology and robotics companies that are relevant to the fund’s investment theme of disruptive innovation.

Autonomous technology and robotics companies are companies that are estimated to focus on, among other things, disruptive innovation in automation and manufacturing, transportation, energy, artificial intelligence, and materials.

In selecting securities for the portfolio, the research team prefers companies that are capitalizing on disruptive innovation or that are enabling the further development of a theme in the markets in which they operate.

Also, the research team integrates environmental, social and governance factors as part of its process.

In addition, the team employs both top-down and bottom-up analysis to select investments for the fund.

In its top down approach, the team utilizes the framework of the United Nations Sustainable Development Goals to integrate ESG considerations into its research and investment process.

As part of its bottom up approach, the team evaluates the potential of individual companies, while integrating ESG considerations into that 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.

However, the fund’s net assets will be invested in equity securities, including common stocks, partnership interests, business trust shares and other equity investments or ownership interests in business enterprises.

The fund’s investments in foreign equity securities will be in both developed and emerging markets.

Additionally, the fund will be concentrated in securities of issuers having their principal business activities in groups of industries in the industrials or information technology sectors, although it will not concentrate in any specific industry.

The fund may invest in foreign securities listed on foreign exchanges as well as American Depositary Receipts and Global Depositary Receipts.

The fund is classified as a non-diversified investment company, which means that it may invest a high percentage of its assets in a limited number of issuers.