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 high quality growth companies that are trading at attractive valuations.

The team believes high quality growth companies have definable strategic advantages/moat and competitive positioning that offer superior earnings visibility and sustainability.

In addition, the team seeks to identify the presence of near-term catalysts for future growth for companies that are in a positive earnings revision cycle.

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 portfolio generally holds less than 50 holdings.

Additionally, the fund invests in securities of both U.S. and foreign companies, and invests significantly in foreign companies.

Foreign companies are companies that are organized under the laws of a foreign country, or whose securities are primarily listed in a foreign country.

Also foreign companies are companies that have a majority of their assets, or derive more than 50% of their revenue or profits from business, investments or sales, outside the United States. 

The fund’s foreign investments will include securities of companies in both developed and emerging market countries.

Also, the fund may invest a significant portion of its net assets in securities of companies conducting business within a single sector.

The fund seeks capital appreciation in the long term 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.

Next, the research team seeks to invest in stocks issued by both United States and foreign companies, including countries with developed or emerging markets.

The research team utilizes a proprietary screening process to look for companies with a capable management team, a sustainable franchise and business model, and durable competitive advantages.

The research process is driven by fundamental analysis of one stock at a time. The team relies on fundamental analysis to purchase companies that are trading at discounts to their estimated intrinsic value.

As part of its process, the research team also meets with company management.

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 will invest at least 40% of its net assets and at least 30% of its net assets if market conditions are not deemed favorable in issuers organized or located outside of the U.S., or whose primary trading market is located outside the U.S., or doing a substantial amount of business outside the U.S.

Also, the fund will invest in issuers representing at least three different countries.

These non-U.S. company investments may include American Depositary Receipts and Global Depositary Receipts.

The fund seeks capital appreciation in the long term by investing in companies 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 securities issued throughout the world.

In addition, the team evaluates a company’s financial condition and industry position, as well as market and economic conditions.

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 allocates investments across different countries and regions.
 

The fund seeks capital appreciation by investing in companies 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.

Next, the research team Invests in securities issued throughout the world.

The team focuses on high-quality companies exhibiting above-average growth prospects and that are trading at reasonable prices.

Additionally, the team considers companies that have stable and high returns on capital, sustainable competitive positions, consistent profitability, superior free-cash-flow generation, balance sheet strength and management teams whose interests are aligned with those of shareholders.

In addition, the team evaluates a company’s financial condition and industry position, as well as market and economic conditions.

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 allocates investments across different countries and regions.

The fund seeks capital appreciation in the long term by investing in companies across any size outside the United States.

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

The fund manages assets with the help of two sub-advisers namely Wellington Management Company LLP, and Schroder Investment Management North America Inc.

Each sub-adviser manages its segment of the fund’s assets to correspond with its distinct investment style and strategy.

The fund’s sub-sub-adviser is Schroder Investment Management North America Limited.

The sub-advisers’ 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 securities of U.S. and foreign issuers, including non-dollar securities and securities of emerging market issuers.

The team focuses on securities of issuers that seek opportunities to address or benefit from climate change, which include companies classified as promoting clean and/or efficient energy, sustainable transportation, water and/or resource management.

In addition, the team favors companies exhibiting low-carbon leadership and businesses that service such companies.

Wellington seeks to identify attractive companies that address environmental challenges and/or seek to improve the efficiency of resource consumption.

Schroder focuses on companies that have already recognized threats posed by climate change and form part of the solution to problems arising from climate change.

Also, Schroder prefers companies that seek to benefit from efforts to accommodate or limit the impact of global climate change.

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 generally does not invest in major fossil fuel companies.

The fund seeks capital appreciation in the long term 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.

Next, the research team invests in equity securities, depositary receipts, and in derivatives and other instruments that have economic characteristics similar to such securities.

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 that have durable competitive advantages and provide opportunities for long-term growth.

In addition; the team focuses on companies with proven management teams that allocate capital prudently.

The team also considers companies that are attractively priced relative to their estimated intrinsic value.

As part of the process, the team reviews a company’s financial information, competitive position and its future prospects.

The team may also meet with the company’s management and take into account general industry and economic trends.

Also, 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 will invest in companies economically tied to at least three different countries, including the U.S.

Also, the fund may invest at least 40%, unless market conditions are not deemed favorable, in which case at least 30%, of the fund’s net assets in companies that are economically tied to countries other than the U.S.

The fund may invest up to 20% of its net assets in securities of issuers located in emerging markets countries, i.e., those that are generally in the early stages of their industrial cycles.

The fund may also invest in China A shares.

The fund has the flexibility to invest across all market capitalizations, but will generally invest significantly in large capitalization companies.

The fund seeks capital appreciation in the long term 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.

Next, the research team invests in equity securities, depositary receipts, and in derivatives and other instruments that have economic characteristics similar to such securities.

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 that have durable competitive advantages and provide opportunities for long-term growth.

In addition; the team focuses on companies with proven management teams that allocate capital prudently.

The team also considers companies that are attractively priced relative to their estimated intrinsic value.

As part of the process, the team reviews a company’s financial information, competitive position and its future prospects.

The team may also meet with the company’s management and take into account general industry and economic trends.

Also, 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 will invest in companies economically tied to at least three different countries, including the U.S.

Also, the fund may invest at least 40%, unless market conditions are not deemed favorable, in which case at least 30%, of the fund’s net assets in companies that are economically tied to countries other than the U.S.

The fund may invest up to 20% of its net assets in securities of issuers located in emerging markets countries, i.e., those that are generally in the early stages of their industrial cycles.

The fund may also invest in China A shares.

The fund has the flexibility to invest across all market capitalizations, but will generally invest significantly in large capitalization companies.

The fund seeks capital appreciation in the long term 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.

Next, the research team invests in equity securities, depositary receipts, and in derivatives and other instruments that have economic characteristics similar to such securities.

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 that have durable competitive advantages and provide opportunities for long-term growth.

In addition; the team focuses on companies with proven management teams that allocate capital prudently.

The team also considers companies that are attractively priced relative to their estimated intrinsic value.

As part of the process, the team reviews a company’s financial information, competitive position and its future prospects.

The team may also meet with the company’s management and take into account general industry and economic trends.

Also, 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 will invest in companies economically tied to at least three different countries, including the U.S.

Also, the fund may invest at least 40%, unless market conditions are not deemed favorable, in which case at least 30%, of the fund’s net assets in companies that are economically tied to countries other than the U.S.

The fund may invest up to 20% of its net assets in securities of issuers located in emerging markets countries, i.e., those that are generally in the early stages of their industrial cycles.

The fund may also invest in China A shares.

The fund has the flexibility to invest across all market capitalizations, but will generally invest significantly in large capitalization companies.

The fund seeks capital appreciation 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.

Next, the research team invests in securities of franchise companies.

According to the team, these companies will have a leading share of industry sales, the ability to generate consistent sales growth over time, and a track record of return on capital invested in the company with a sustainable competitive advantage.

A franchise company is one whose return on invested capital over a three-year period is above its cost of capital.

The team utilizes fundamental analysis to assess a company’s health, its competitive positioning, management strength, and competitive advantages.

The research team focuses on companies that are trading at significant discounts to their estimated intrinsic value.

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 primarily invests in common stocks of developed and emerging companies, as well as ADRs, which trade on U.S. exchanges.

The fund may invest significantly in securities of companies in certain sectors, such as the consumer staples and consumer discretionary sectors.

The fund invests at least 40% of its net assets in issuers domiciled outside of the United States.

Additionally, the fund is a non-diversified fund, which means that it may invest in a smaller number of issuers than a diversified fund and may invest more of its assets in the securities of a single issuer.

The fund seeks capital appreciation 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.

Next, the research team invests in securities of franchise companies.

According to the team, these companies will have a leading share of industry sales, the ability to generate consistent sales growth over time, and a track record of return on capital invested in the company with a sustainable competitive advantage.

A franchise company is one whose return on invested capital over a three-year period is above its cost of capital.

The team utilizes fundamental analysis to assess a company’s health, its competitive positioning, management strength, and competitive advantages.

The research team focuses on companies that are trading at significant discounts to their estimated intrinsic value.

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 primarily invests in common stocks of developed and emerging companies, as well as ADRs, which trade on U.S. exchanges.

The fund may invest significantly in securities of companies in certain sectors, such as the consumer staples and consumer discretionary sectors.

The fund invests at least 40% of its net assets in issuers domiciled outside of the United States.

Additionally, the fund is a non-diversified fund, which means that it may invest in a smaller number of issuers than a diversified fund and may invest more of its assets in the securities of a single issuer.

The fund seeks capital appreciation in the long term 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.

Next, the research team invests in a diversified portfolio of equity securities.

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 that are estimated to trade below their fair values.

In addition, the team prefers attractive-valued companies with solid business franchises, sustainable margins/cash flow, disciplined capital allocation, experienced management teams, and balance sheet strength.

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 at least 40% of its net assets in securities of issuers domiciled outside of the United States, including in emerging markets. This includes securities of foreign issuers that trade on U.S. exchanges.

The fund seeks capital appreciation in the long term 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.

Next, the research team invests in a diversified portfolio of equity securities.

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 that are estimated to trade below their fair values.

In addition, the team prefers attractive-valued companies with solid business franchises, sustainable margins/cash flow, disciplined capital allocation, experienced management teams, and balance sheet strength.

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 at least 40% of its net assets in securities of issuers domiciled outside of the United States, including in emerging markets. This includes securities of foreign issuers that trade on U.S. exchanges.

The fund seeks total return 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 securities of US and non-US companies, including those in emerging markets.

The team prefers companies that have an economic franchise, meaning companies that have a track record of generating unleveraged returns, at or above their cost of capital, for long periods of time.

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.

In addition, the manager may seek to hedge some or all foreign currency exposure in the fund against movements relative to the US dollar by entering into foreign currency forward contracts.

The fund is non-diversified, which means that it may invest a relatively high percentage of its assets in a limited number of issuers, when compared to a diversified fund.
 

The fund seeks long-term capital appreciation by investing in companies in the U.S. and around the world.

The investment process starts with a list of companies with market capitalization of $3 billion and higher in developed markets and emerging countries.

Then the research team with the help of fundamental analysis and quantitative research narrows the list to market leaders with growing free cash flows and strong financial positions.

The team then with the help of qualitative analysis estimates intrinsic value of the select businesses that are clearly understood by investment team.

The team favors companies that are trading at least below 60% of their intrinsic values and builds a concentrated fund of 15 to 22 holdings.

The fund invests at least 40% of its assets in non-U.S. securities including securities issues by companies in emerging markets and American depository receipts.

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.

The process utilizes a blend strategy to invest in both growth and value stocks, or to stocks with characteristics of both.

Next, the research team invests in securities of foreign and U.S. companies.

The team prefers value and growth companies that are estimated to trade below their fair values relative to their fundamentals.

According to the team, value companies are those that are trading at discounts to their estimated intrinsic value and have the potential for capital appreciation.

Growth companies are those that exhibit rapid gains in earnings and demonstrate the ability to continue profit growth at a high level.

Also, 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 invests at least 40% of its net assets in securities of non-U.S. companies.

Also, the fund invests in companies located in at least three countries outside of the U.S.

The fund invests in foreign companies whose securities may be traded on U.S. or non-U.S. securities exchanges, may be denominated in the U.S. dollar or other currencies, and may include American Depositary Receipts and other similar depositary receipts.

The fund may invest in unaffiliated exchange-traded funds, as well as may invest in derivatives.

The fund’s primary objective is to generate current income through investing in stocks around the world including in the U.S.

The fund is sub-advised by Epoch Investment Partners, Inc with a focus on locating stocks with attractive dividend yield and positive growth in operating cash flow.

The investment process segregates companies with growing cash flows and management focused on creating shareholder value through internal reinvestments, acquisitions, stock repurchase, debt reduction and increasing dividend.

The primarily invests in large cap companies with the U.S. accounting for more than 55% of all investments. The fund is geographically diversified in developed countries in Asia and Europe.

The fund seeks capital appreciation in the long term 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.

Next, the research team invests in securities of companies in the U.S. and foreign countries.

The team looks for quality companies demonstrating durable growth characteristics.

As part of the process, the team combines a thematic approach to idea generation with bottom-up, fundamental company analysis.

Also, the team seeks to identify secular changes in the world that it believes will drive global growth for the next decade. These large scale structural themes are referred to collectively as MANTRA, namely Mass Affluence, New Technology, Restructuring, and Aging.

In addition, the economic characteristics that the team focuses on are high return on invested capital, good cash flow characteristics, high barriers to entry, dominant market share, a superior competitive position, talented management, and balance sheet strength.

The team also considers how industry dynamics, market trends, and general economic conditions may affect a company’s earnings outlook.

The team also focuses on high-quality companies whose future earnings power is not reflected in their current valuations.

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 without limit in foreign securities, including American Depositary Receipts, and can invest in any country, including developing or emerging market countries.

However, the fund will invest in at least three countries (one of which may be the United States).

Typically, the fund invests in a number of different countries.

In addition, the fund may at times have significant exposure to one or more industries or sectors.

The fund may hold a portion of its assets in cash or cash equivalents.

The fund seeks capital appreciation in the long term 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.

Next, the research team invests in securities of companies in the U.S. and foreign countries.

The team looks for quality companies demonstrating durable growth characteristics.

As part of the process, the team combines a thematic approach to idea generation with bottom-up, fundamental company analysis.

Also, the team seeks to identify secular changes in the world that it believes will drive global growth for the next decade. These large scale structural themes are referred to collectively as MANTRA, namely Mass Affluence, New Technology, Restructuring, and Aging.

In addition, the economic characteristics that the team focuses on are high return on invested capital, good cash flow characteristics, high barriers to entry, dominant market share, a superior competitive position, talented management, and balance sheet strength.

The team also considers how industry dynamics, market trends, and general economic conditions may affect a company’s earnings outlook.

The team also focuses on high-quality companies whose future earnings power is not reflected in their current valuations.

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 without limit in foreign securities, including American Depositary Receipts, and can invest in any country, including developing or emerging market countries.

However, the fund will invest in at least three countries (one of which may be the United States).

Typically, the fund invests in a number of different countries.

In addition, the fund may at times have significant exposure to one or more industries or sectors.

The fund may hold a portion of its assets in cash or cash equivalents.

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, equity interests in real estate investment trusts  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.

In addition, the team utilizes a strategy based on blending fundamental and quantitative research.

The team utilizes fundamental analysis of individual issuers to determine a fundamental rating for an issuer, and also employs quantitative analysis to determine a quantitative rating for an issuer.

Next, the team combines the fundamental rating with the quantitative rating to create a blended rating for an issuer.

The team then eliminates the most volatile securities on the basis of historical volatility.

Additionally, the team considers the blended rating, as well as issuer, industry, sector weightings, and volatility when constructing the portfolio.

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.
 

The fund seeks capital appreciation in the long term by investing in companies 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 U.S. and non-U.S. companies.

The team utilizes both a top-down and a bottom-up stock selection process to identify companies with attractive valuations, above-average appreciation potential and competitive dividend yields.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the team combines quantitative models and fundamental research.

The research team employs a sector-neutral factor model that is broadly grouped into four categories such as momentum/risk, valuation, quality and growth to help identify market drivers.

The team then couples the model’s output with in-depth analysis of individual stocks based on internal and external research.

In addition, the team integrates sustainability analysis as a part of its investment process. The sustainability analysis is inclusive of environmental; social and human capital, and business model, innovation, leadership and governance issues.

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 portfolio holds between 15 and 20 global companies.

The fund seeks to optimize factor tilts (e.g., growth vs. value, large cap vs. small cap) utilizing factor models that are driving the market.

The fund seeks capital appreciation in the long term by investing in companies 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 U.S. and non-U.S. companies.

The team utilizes both a top-down and a bottom-up stock selection process to identify companies with attractive valuations, above-average appreciation potential and competitive dividend yields.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the team combines quantitative models and fundamental research.

The research team employs a sector-neutral factor model that is broadly grouped into four categories such as momentum/risk, valuation, quality and growth to help identify market drivers.

The team then couples the model’s output with in-depth analysis of individual stocks based on internal and external research.

In addition, the team integrates sustainability analysis as a part of its investment process. The sustainability analysis is inclusive of environmental; social and human capital, and business model, innovation, leadership and governance issues.

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 portfolio holds between 30 and 60 global companies.

The fund seeks to optimize factor tilts (e.g., growth vs. value, large cap vs. small cap) utilizing factor models that are driving the market.

The fund seeks capital appreciation in the long term by investing in companies 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.

Next, the research team invests in securities of issuers located throughout the world.

The team favors companies with durable competitive advantages, capable management teams, and financial strength.

In addition, the team looks for high quality companies with superior business franchises and cash flows, modest capital requirements, balance sheet strength, and that typically return cash to shareholders.

Also, 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 up to 25% of its net assets in a single issuer.

Also, the fund invests in securities of issuers from at least three different countries, which may include the United States.

Additionally, the fund may utilize foreign currency forward exchange contracts, which are derivatives, in connection with its investments in foreign securities.

The fund seeks to track the total return performance of a benchmark index before fees and expenses by investing in companies outside the United States.

The fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index.

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 equity securities.

Also, 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 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 securities of U.S. and non-U.S. companies.

Then the team prefers companies that are trading at discounts to their estimated intrinsic value.

In addition, the team looks for companies with free cash flows and that invest excess cash prudently.

Also, the team visits companies and conducts other research on the companies and their industries.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team utilizes independent, in-house research to analyze each company.

Also, the team visit companies and conduct other research on the companies and their industries.

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 portfolio typically holds 30 to 60 stocks, and as a result, a higher percentage of the fund’s net assets may at times be invested in a particular region, sector or industry.

Generally, the fund will invest in the securities of companies located in at least three countries. However, there are no geographic limits on the fund’s non-U.S. investments.

Typically, the fund invests between 25% and 75% of its net assets in securities of U.S. companies and between 25% and 75% of its net assets in securities of non-U.S. companies.

The fund may invest in securities of companies located in developed or emerging markets, such as the Asia-Pacific region, Eastern Europe, the Middle East, Central and South America, and Africa.

The fund seeks capital appreciation by investing in large- and mid-size companies around the world including the United States.

The fund pursues a flexible investment strategy and invests in companies that may be trading cheaper than the broader market or peers and companies that are growing at a faster rate.

The investment process is driven by fundamental analysis and quantitative tools guide the research team in stock analysis and looks for multiple sources of return. The team also looks for companies that offer attractive relative values based on the long-term growth.

The fund practices strong sell discipline and control risk with position sizes and diversification across sectors, industries and regions.

The fund seeks capital appreciation by investing in companies across any size outside the United States.

The fund manages assets with the help of two sub-advisers namely Acadian Asset Management LLC, and Wells Capital Management Incorporated.

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

The sub-advisers’ 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 securities of U.S. and foreign 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 seeks to achieve lower volatility by constructing a portfolio of securities that will produce a less volatile return than the market over time.

The fund will invest in at least three countries outside of the U.S. and is estimated that at least 40% of the fund's net assets will be invested in non-U.S. securities.

Also, the fund will invest in companies located in developed countries, but may also invest in companies located in emerging markets.