The fund seeks capital appreciation in the long term by investing in companies across any size outside the United States.

The sub-adviser’s 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 invests in stocks that have the potential for above-average long-term earnings and/or cash flow growth and meet the financial and environmental, social and governance (ESG) criteria.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team focuses on inefficiently priced companies.

The team favors companies with superior fundamentals, incentive-driven management teams, dominant positions in niche markets and/or goods and services that are in high customer demand.

The team also evaluates the company’s business model, financial structure and management acumen.

In addition, the team prefers companies demonstrating growth opportunities.

However, for large company growth stocks, the team seeks companies that exhibit superior balance sheets, exceptional management teams and long-term, consistent operating histories.

When considering small- and medium-sized company growth stocks, the team focuses on companies with rapid earnings growth potential, unrecognized values, industry leadership and management teams that have a significant ownership stake.

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 seeks dividend income, growth of dividend income and capital appreciation in the long term by investing in companies in the United States.

The sub-adviser’s 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 invests in equity securities, such as preferred securities, convertible securities, securities of other investment companies and of real estate investment trusts and warrants and rights.

The team favors high-quality companies that pay an attractive dividend, and the potential to significantly grow their dividends

In selecting securities for the portfolio, the research team focuses on companies with balance sheet strength, dominant market positions that are trading at reasonable valuations.

Also, the research team integrates environmental, social and governance factors as part of its process.

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 also invest in companies that are making substantial progress toward becoming a leader in ESG policies.

Additionally, the fund may invest in equity securities of foreign issuers, either directly or through depositary receipts.

The fund may invest in companies of any size but focuses on large cap companies.

The fund seeks capital appreciation in the long term by investing in large-size companies with the potential for high future earnings growth outside the United States.

The sub-adviser’s 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 invests significantly in equity securities or other instruments with similar economic characteristics of U.S. companies with large market capitalizations that meet its financial and environmental, social and governance (ESG) criteria.

The team focuses on high-quality companies with durable competitive advantages as evidenced by high returns on capital, superior balance sheets, and capable management teams that allocate capital in an efficient manner.

In addition, the team selects securities of companies that are category leaders having the potential to grow market share consistently.

The team also seeks to identify social or economic trends that will have an impact on the economy as a whole to support multi-year investment opportunities.

Additionally, the team favors companies with self-funding business models with significant recurring revenue and businesses and the ability to generate superior free cash flow over time.

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.

In addition, the fund will also consider emerging companies with promising future prospects that may not yet have demonstrated substantial profitability.

The fund may also invest in companies that are making substantial progress toward becoming a leader in ESG policies.

The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies outside the United States.

The sub-adviser’s 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.

As part of its strategy, the fund employs a passive or indexing investment approach.

Next, the research team invests significantly in securities that compose its Underlying Index.

The Underlying Index is composed of infrastructure-related equity securities from global markets constructed through the application of several fundamental factors.

The team utilizes a representative sampling indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index.

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 will concentrate its investments in a particular industry to approximately the same extent that the Underlying Index is concentrated in the securities of such particular industry.

The fund may or may not hold all of the securities in the Underlying Index.

Also, the fund may invest up to 20% of its net assets in certain index futures, options, and options on index futures related to its Underlying Index and its component securities; cash and cash equivalents; other investment companies, including exchange-traded funds; and in securities and other instruments not included in its Underlying Index.

The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies outside the United States.

The sub-adviser’s 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.

As part of its strategy, the fund employs a passive or indexing investment approach.

Next, the research team invests significantly in securities that compose its Underlying Index.

The Underlying Index is composed of publicly traded equity securities of developed markets outside of the United States with relatively high yield and low price and earnings volatility while mitigating exposure to fluctuations between the values of the U.S. dollar and other international currencies.

Securities that compose the Underlying Index include depositary receipts representing securities in the Underlying Index.

The team utilizes a representative sampling indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying index.

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 will concentrate its investments in a particular industry to approximately the same extent that the Underlying Index is concentrated in the securities of such particular industry.

Additionally, the fund may or may not hold all of the securities in the Underlying Index.

The fund may invest up to 20% of its net assets in foreign currency forward contracts and other currency hedging instruments, certain index futures, options, options on index futures, swap contracts or other derivatives related to its Underlying Index and its component securities; cash and cash equivalents; other investment companies, including ETFs; and in securities and other instruments not included in its Underlying Index.

The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies in the United States.

The sub-adviser’s 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.

As part of its strategy, the fund employs a passive or indexing investment approach.

Next, the research team invests significantly in securities that compose the Underlying Index.

The Underlying Index is composed of equity securities of U.S. companies with relatively high dividend yields and lower price and earnings volatility.

Additionally, the research team employs a representative sampling strategy to invest in a representative sample of securities that collectively has an investment profile similar to that of he Underlying Index.

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 will concentrate its investments in a particular industry to approximately the same extent that the Underlying Index is concentrated in the securities of such particular industry.

Also, the fund may or may not hold all of the securities in the Underlying Index.

The fund may invest up to 20%of its net assets in certain index futures, options, options on index futures, swap contracts or other derivatives.

The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in small-size companies in the United States.

The sub-adviser’s 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.

As part of its strategy, the fund employs a passive or indexing investment approach.

Next, the research team invests in securities that comprise the Underlying Index.

The Underlying Index is composed of small-cap stocks trading in the United States that have relatively low valuations.

The team favors stocks with lower than average valuation, higher than average profitability, and higher than average debt coverage.

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 will concentrate its investments in a particular industry to approximately the same extent that the Underlying Index is concentrated.

The fund may invest up to 20%of its net assets in cash and cash equivalents; other investment companies, including exchange-traded funds; exchange-traded notes; depositary receipts.

The fund seeks to maximize total return by investing in companies outside the United States.

The sub-adviser’s 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 invests significantly in a portfolio comprised of fixed income securities, debt instruments, derivatives, equity securities of any type acquired in reorganizations of issuers of fixed income securities or debt.

In addition, the team invests in non-convertible preferred securities, warrants, cash and cash equivalents, foreign currencies, and exchange-traded funds that provide exposure to these investments.

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 up to 30% of its net assets in below investment grade fixed income securities or debt instruments.

The fund may invest in securities issued by both U.S. and non-U.S. issuers (including issuers in emerging markets).

However, the fund will not invest more than 30% of its net assets in securities or debt instruments of non-U.S. issuers or more than 25% of its net assets directly in non-U.S. dollar denominated securities or debt instruments.