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.

The investment team considers foreign securities as those securities issued by companies that are organized u 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.

The investment team considers foreign securities as those securities issued by companies that are organized under the laws of, or with a principal office in, a country other than the U.S. and issue securities for which the principal trading market is in a country other than the U.S, or that derive at least 50% of their revenues or profits from goods produced or sold, investments made, or services provided in a country other than the U.S., or have at least 50% of their assets in a country other than the U.S.

The research process is driven by fundamental analysis of one stock at a time. When evaluating individual securities, the research team prefers companies that are estimated to grow based on industry, technological, global or other trends.

Other factors the team considers are companies with attractive valuation, management strength, conservative debt, free cash flow, scalable business models, and competitive advantages.

The team will also consider the economic, political and market conditions of the various countries in which the fund may invest.

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 65 and 85 positions across various market caps.

The manager focuses on companies that are economically tied to various countries throughout the world (excluding the U.S.).

Also, the fund may invest directly or indirectly in foreign securities or foreign currencies of both developed and developing countries.

The fund has the flexibility to invest up to 35% of its net assets in emerging markets.

The fund may invest in securities of companies of any size and in any sector.