The fund seeks capital appreciation by investing in companies outside the United States.
The fund starts with a list of companies available in the benchmark index and Canada and with the help of financial screens and quantitative research narrows the investable universe that meet earnings, growth and return on capital hurdles.
Next, the research team with the help of quantitative research identifies drivers and durability of earnings and evaluates the sustainability of business models.
The fund favors companies that are growing earnings at above-average rate, established market leaders and are trading at reasonable prices.
The fund maintains country, region and sector weights that are reflected in the benchmark index.