The fund seeks capital appreciation in the long term by investing in small-size companies in developed markets outside the United States.
The sub-adviser’s systematic investment process attempts to create a geographically diversified fund. The fund invests in countries and companies as included in its benchmark index but applies market capitalization based weighting to determine individual weights and where applicable country or region weights.
The investment team adjusts weights for a variety of factors, including free float, momentum, trading strategies, liquidity, and market conditions.
The fund seeks to minimize company specific risk by selecting companies with lower relative price and higher profitability.