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.
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.
Also, the manager invests in foreign companies in at least three countries, other than the United States, at any one time and may not invest more than 20% of its net assets in emerging markets.
Additionally, the fund may emphasize one or more sectors in selecting its investments, including the financial services sector.
The fund invests up to the greater of 20% of its net assets in a single country or industry, or 150% of the weighting of a single country or industry in the benchmark index.