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

The investment process starts with a list of companies in the benchmark index and narrows the list of investable stocks through the hurdles on growth, earnings, and return on capital.

The stock selection is designed to generate additional return to the index with greater consistency across a range of market environments.

The research team normally focuses on large-size companies and selectively diversifies in mid- and small-size companies as long as these additions either lowers fund’s volatility or companies have near-term catalysts for higher revaluations.

The fund seeks capital appreciation in the long term by investing in companies located throughout the world including the U.S.

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.

The investment team invests in securities of companies that aim to create positive measurable environmental and/or social impacts, and will invest significantly in non-U.S. companies.

According to the team, a company is considered to be a non-U.S. company if the company is organized under the laws of, or has its principal office in, a country outside the U.S., or the company has its principal securities trading market in a country outside the U.S., and/or the company derives the majority of its annual revenue or earnings or assets from goods produced, sales made or services performed in a country outside the U.S.

In selecting securities for the portfolio, the research team considers factors that drive a company's share price, as well as the company's environmental and social impact practices.

The research process is driven by fundamental analysis of one stock at a time. Next, the research team examines the company's ability to deliver positive outcomes for the environment and society in nine areas or pillars.

The nine areas or pillars are circular economy, sustainable energy, food and agriculture, water and sanitation, health and social care, financial inclusion, sustainable real estate and infrastructure, education and employment, and impact leaders.

The team generally aligns its impact assessment to the United Nations Sustainable Development Goals.

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 invests in securities from at least three different countries, and may also invest in companies of emerging market countries.

At times, the fund may have a significant amount of its assets invested in a country or geographic region.

Also, the fund may invest in securities denominated in U.S. dollars and currencies of the foreign countries in which it is permitted to invest.

Additionally, the fund may invest in securities of any market sector and may hold a significant amount of securities of companies, from time to time, within a single sector.
 

The fund seeks capital appreciation in the long term by investing in companies located throughout the world including the U.S.

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.

The investment team invests in securities of companies that aim to create positive measurable environmental and/or social impacts, and will invest significantly in non-U.S. companies.

According to the team, a company is considered to be a non-U.S. company if the company is organized under the laws of, or has its principal office in, a country outside the U.S., or the company has its principal securities trading market in a country outside the U.S., and/or the company derives the majority of its annual revenue or earnings or assets from goods produced, sales made or services performed in a country outside the U.S.

In selecting securities for the portfolio, the research team considers factors that drive a company's share price, as well as the company's environmental and social impact practices.

The research process is driven by fundamental analysis of one stock at a time. Next, the research team examines the company's ability to deliver positive outcomes for the environment and society in nine areas or pillars.

The nine areas or pillars are circular economy, sustainable energy, food and agriculture, water and sanitation, health and social care, financial inclusion, sustainable real estate and infrastructure, education and employment, and impact leaders.

The team generally aligns its impact assessment to the United Nations Sustainable Development Goals.

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 invests in securities from at least three different countries, and may also invest in companies of emerging market countries.

At times, the fund may have a significant amount of its assets invested in a country or geographic region.

Also, the fund may invest in securities denominated in U.S. dollars and currencies of the foreign countries in which it is permitted to invest.

Additionally, the fund may invest in securities of any market sector and may hold a significant amount of securities of companies, from time to time, within a single sector.
 

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 focuses on international securities with growth potential that are trading at attractive valuations.

The team also looks for companies that have a durable competitive advantage in an industry with high barriers to entry.

Other attributes that the team considers are companies in an attractive industry with pricing power, organic growth and limited cyclicality.

Also, the team favors companies with superior management teams having a track record of stable profit margins, balance sheet strength, and that are trading at a discount to their estimated intrinsic value.

However, 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 microeconomic factors.

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 invests in companies located in at least three countries other than the United States, including emerging market countries.

Generally, the portfolio holds stocks from 25 to 45 companies.

From time to time, the fund may focus its investments in certain countries or geographic areas, including Europe.

Additionally, the fund is non-diversified, which means that it can invest a greater percentage of its assets in the securities of fewer issuers than can a diversified fund.

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.

According to the investment team, investments are deemed to be foreign if an issuer’s domicile or location of headquarters is in a foreign country.

The team also considers an issuer that derives a significant proportion of its revenues or profits from goods produced or sold, investments made, or services performed in a foreign country or has at least 50% of its assets situated in a foreign country.

Also, investments are deemed to be foreign if the principal trading market for a security is located in a foreign country; or it is a foreign currency.

Next, the research team focuses on foreign equity securities.

The team employs a multiple sleeve structure to select potential securities for the portfolio. Each of these sleeves is managed independently of each other.

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.

Additionally, the manager also may allocate a portion of the fund’s assets in securities that may complement the risk factor biases of the other sleeves.

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 focuses on securities, including non-dollar securities, of foreign issuers.

The team also focuses on underappreciated companies, improving return on capital, and securities that are lagging in market price for temporary reasons.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team evaluates a company’s business environment, management quality, balance sheet, income statement, anticipated earnings, revenues and dividends.

In addition, 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 diversifies its investments among a number of different countries throughout the world, with no limit on the amount of assets that may be invested in each country.

Also, the fund may invest in companies domiciled in emerging markets as a percentage of its net assets up to the greater of 25% or the weight of emerging markets in the Index plus 10%.

Based on market or economic conditions, the fund may focus in one or more sectors of the market.

Additionally, the fund has the flexibility to invest across all market capitalizations, but invests primarily in mid and 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 focuses on non-U.S. issuers that exhibit capital growth potential.

According to the investment team, an issuer is said to be located in a country if it is organized under the laws of that country and is principally traded in that country.

The team also considers an issuer that is domiciled and has its principal place of business located in that country and is principally traded in that country.

Lastly, the team determines if the issuer has more than 50% of its assets in, or derives more than 50% of its revenues from, that country.

The team assesses a company’s potential for above average earnings growth, relative valuation, and whether a company has proprietary advantages.

Additionally, 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.

Also, the fund may invest in companies domiciled in emerging markets as a percentage of its net assets up to the greater of 25% or the weight of emerging markets in the Index plus 10%.

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 focuses on securities of foreign companies, including emerging market securities with prospects for capital growth.

The team seeks to identify foreign and emerging market companies with characteristics such as excellent growth, attractive valuation and improving profitability.

Also, the team favors companies with superior management teams, balance sheet strength, durable competitive advantages and positive fundamentals such as increasing revenues, cash flow and earnings.

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 may invest in foreign companies that are traded on U.S. stock exchanges or whose securities are available through the use of American Depositary Receipts.

Additionally, the fund may also invest in exchange-traded funds that invest primarily in foreign and emerging market equity securities.

The fund seeks capital appreciation in the long term by investing in mega-and large-size 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 focuses on securities of non-US companies.

In addition, the team favors established companies in economically developed countries that are estimated to trade below their fair values based on their earnings, cash flow or asset values.

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 may invest in securities of companies whose principal business activities are located in emerging market countries.
 

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.

The research process is driven by fundamental analysis of one stock at a time.

Next, the research team focuses on high quality established and emerging companies located in Asia (excluding Japan) that are estimated to trade below their fair values.

The team favors companies with durable competitive advantages that can generate revenue through growth.

Additionally, the team integrates disruptive change, financial strength, environmental, social and governance factors as part of its sustainability analysis.

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 also invest in American Depositary Receipts, Global Depositary Receipts and other types of depositary receipts with respect to issuers located in Asia.

Also, the fund invests in securities of companies located in China, Hong Kong, India, Indonesia, Korea, Malaysia, the Philippines, Singapore, Taiwan and Thailand.