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.
Next, the research team focuses on companies in foreign developed countries, including foreign subsidiaries of U.S. issuers.
The team employs behavioral based and quantitative screens to identify companies with attractive valuations and looks to capitalize on market inefficiencies.
Further analysis of companies includes evaluation of their momentum and quality characteristics.
Additionally, 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 invest a substantial part of its net assets in just one region or country, or in companies of any one particular market capitalization category.