The fund seeks capital appreciation 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 equity securities which include common stocks and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer.
The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team focuses on companies exhibiting above average earnings growth potential relative to its peers.
Also, the team favors companies that are estimated to trade below their fair values.
The team is not constrained by any particular investment style and therefore, has the flexibility to invest in a combination of growth and value companies.
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 invests its net assets in U.S. and foreign securities, including emerging market securities.
However, the fund invests its net assets in at least three different countries.
In addition, the fund invests its net assets across different industries, sectors, countries, and regions, but may invest a significant percentage of its net assets in issuers in a single industry, sector, country, or region.
Additionally, the fund invests primarily in large-cap companies, even though it has the flexibility to invest across market capitalizations.