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 focuses on high quality growth companies that are trading at attractive valuations.
The team believes high quality growth companies have definable strategic advantages/moat and competitive positioning that offer superior earnings visibility and sustainability.
In addition, the team seeks to identify the presence of near-term catalysts for future growth for companies that are in a positive earnings revision cycle.
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 generally holds less than 50 holdings.
Additionally, the fund invests in securities of both U.S. and foreign companies, and invests significantly in foreign companies.
Foreign companies are companies that are organized under the laws of a foreign country, or whose securities are primarily listed in a foreign country.
Also foreign companies are companies that have a majority of their assets, or derive more than 50% of their revenue or profits from business, investments or sales, outside the United States.
The fund’s foreign investments will include securities of companies in both developed and emerging market countries.
Also, the fund may invest a significant portion of its net assets in securities of companies conducting business within a single sector.