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 opportunistic process seeks to capitalize on underlying regional macro trends and global macrodynamics.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 opportunistic process seeks to capitalize on underlying regional macro trends and global macrodynamics.

Next, the research team focuses on companies operating principally in emerging market countries.

The team considers a company to be operating principally in an emerging market if its securities are primarily listed on the trading market of an emerging market country, or the company is incorporated or has its principal business activities in an emerging market country.

Also, the team considers the company that derives 50% or more of its revenues from, or has 50% or more of its assets in, an emerging market country, or its securities are included in the MSCI Emerging Markets Index.

In selecting securities for the portfolio, the research team focuses on well-managed companies with consumer driven demand exhibiting above average revenue and earnings growth potential, having a unique or improving market position and competitive advantages.

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 in a variety of countries, industries and sectors and does not attempt to invest a specific percentage of its assets in any given country, industry or sector.

From time to time, the fund may focus its investments in certain countries or geographic areas, including Asia.

Also, the fund may invest a large percentage of its assets in just a few sectors, just a few regions or just a few emerging market countries, such as China and India.

Additionally, the fund is non-diversified which means that it may invest a greater amount of its net assets in the securities of a single issuer or a small number of issuers than a diversified fund.

The fund may invest up to 20% of its net assets in cash or its investment equivalent.