The fund seeks to appreciate capital by investing in small-size companies in international markets outside the United States.
The sub-adviser’s investment process starts with a list of companies with market capitalization less than $3 billion. The research team then narrows the investable universe to a list of companies with improving fundamentals, positive earnings growth and stocks that are underfollowed or misunderstood by investors.
The team then with the help of qualitative research identifies companies with attractive business models and run by management with track records of successful capital allocation. The fund favors companies with near-term catalysts and revalue stocks higher.
The fund generally invests in developed regions of the world with at least 40% of its assets outside the United States.