The fund seeks returns 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 invests significantly in equity securities of companies from foreign countries, or depositary receipts representing such securities.
In selecting securities for the portfolio, the research team utilizes the Systematic Models which evaluate securities from foreign markets and ranks them based on proprietary measures of free cash flow.
The final basket of securities selected by the Systematic Models is then given an aggregate environmental, social and governance rating.
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 invests in companies from developed foreign markets, although the fund will also invest a portion of its net assets in companies located in emerging markets.
From time to time the fund may focus its investment in one or more particular sectors or geographic regions.
The fund seeks returns in the long term by investing in companies across any size in 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 invests significantly in equity securities of companies from the United States.
The team employs a quantamental process to generate decile rankings (i.e., top 10%, top 20%, top 30%, etc.) for stocks included in the Index.
The top decile of stocks ranked represent the companies with the strongest proprietary Free Cash Flow rankings, the highest proprietary balance sheet rankings, and the largest share reduction rankings, respectively.
In addition, the team combines the three rankings into a single ranking for each stock (combined ranking).
The team then normally invests equally in 80 to 120 stocks in the top 10% of stocks based on their combined ranking.
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.
From time to time the fund may focus its investment (i.e., invest more than 15% of its total assets) in one or more particular sectors.
