The fund seeks to maximize total return by investing in companies across any size outside the United States.
The sub-adviser’s 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.
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 manager focuses on companies located, or exercising the predominant part of their economic activity, in Asia, excluding Japan.
The manager considers a company to be located, or exercising the predominant part of its economic activity, in Asia, excluding Japan, if it is legally organized in Asia, excluding Japan, the primary trading market for its securities is located in Asia, excluding Japan, or at least 50% of the company’s (including any of its subsidiaries’) non-current assets, capitalization, gross revenues or profits have been located in Asia, excluding Japan, during the last fiscal year.
The fund is geographically diversified.