The fund seeks total return 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 in securities of issuers that are engaged in or related to the infrastructure group of industries (inf More

The fund seeks total return 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 in securities of issuers that are engaged in or related to the infrastructure group of industries (infrastructure companies).

An issuer is engaged in or related to the infrastructure group of industries if it is involved in the ownership, development, construction, renovation, financing, management, sale or operation of infrastructure assets.

Also, the team considers an issuer is engaged in or related to the infrastructure group of industries if it provides the services and raw materials necessary for the construction and maintenance of infrastructure assets.

Infrastructure assets include utilities, energy, transportation, real estate, media, telecommunications and capital goods.

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

The research process is driven by fundamental analysis of one stock at a 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.

The fund will invest in the securities of infrastructure companies that are economically tied to at least three countries, including the United States.

Also, the fund will invest in the securities of infrastructure companies that are economically tied to developed countries in North America and Europe.

In addition, the fund may also invest in the securities of infrastructure companies that are economically tied to countries with emerging markets or economies.

The fund may invest in real estate investment trusts, and may also invest up to 20% of its net assets in master limited partnerships and up to 20% of its net assets in issuers that are not infrastructure companies.

Also, the fund is non-diversified, which means it may invest a larger percentage of its assets in fewer issuers than a diversified fund.