The fund seeks capital appreciation in the long term by investing in companies across any size outside the United States.

The sub-adviser’s 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 of technology companies and in derivatives More

The fund seeks capital appreciation in the long term by investing in companies across any size outside the United States.

The sub-adviser’s 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 of technology companies and in derivatives and other synthetic instruments that have economic characteristics similar to equity securities of technology companies.

The team defines technology companies as those that provide technology products or services or utilize technology to gain competitive advantages.

These may include, without limitation, internet products and services, computers and computer peripherals, software, electronic components and systems, communications equipment and services, semiconductors, and automotive technology.

Other examples of technology companies would be transportation services and products, artificial intelligence technology, video gaming, security services and products, media and information services, environmental services, chemical products and synthetic materials, defense and aerospace products and services, nanotechnology, energy equipment and services.

The team favors companies that exhibit potential for capital appreciation.

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 fund may invest up to 50% of its net assets in non-U.S. securities, including emerging market securities.

Also, the fund will invest no more than 25% of its net assets in any one country outside of the United States.

The fund is non-diversified, which means that it may invest a significant portion of its assets in a relatively small number of issuers.

In addition, the fund may invest in securities issued in initial public offerings and may utilize foreign currency exchange contracts, options, futures and forward contracts, swap agreements and other derivative instruments.