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 utilizes a momentum investment style to identify companies that exhibit positive momentum characteristics.

The team believes a security to have positive momentum if it has outperformed other securities on a relative basis over a recent time period.

Factors considered for relative performance include price momentum, earnings momentum, or other types of momentum measured over time periods ranging from one to twelvemonths.

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 will generally invest in developed markets outside the U.S.

Although the fund does not limit its investments to any one country, it may invest in any one country without limit.

In addition, a portion of the fund’s net assets may be held in cash or cash-equivalent investments, including, but not limited to, short-term investment funds.

Also, the fund may lend its portfolio securities to certain types of eligible borrowers in an attempt to increase its income or total return.
 

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.

The research process is driven by fundamental analysis of one stock at a time. When evaluating individual securities, the research team emphasizes company research and the long-term outlook of companies and industries.

Next, the process includes research trips, company meetings, and relationships with industry thought leaders and academic institutions to evaluate companies.

Additionally, the team assesses a company’s geographic and industry positioning, competitive advantage, management, financial strength and valuation.

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 approximately between 50 and 90 growth companies with the potential to outperform the benchmark over the long term. The fund aims to hold securities for typically 5 years, which results in relatively low portfolio turnover.

In addition, the manager focuses on companies located in countries of developed markets.

Generally, the manager seeks companies whose principal activities are in Europe, Australasia and/or the Far East.

The fund has the flexibility to participate in initial public offerings.

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.

The research process is driven by fundamental analysis of one stock at a time. When evaluating individual securities, the research team emphasizes company research and the long-term outlook of companies and industries.

Next, the process includes research trips, company meetings, and relationships with industry thought leaders and academic institutions to evaluate companies.

Additionally, the team assesses a company’s geographic and industry positioning, competitive advantage, management, financial strength and valuation.

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 approximately between 70 and 110 growth companies with the potential to outperform the benchmark over the long term. The fund aims to hold securities for typically 5 years, which results in relatively low portfolio turnover.

In addition, the manager focuses on companies located in countries of developed and emerging markets.

The fund invests in companies located in at least three countries outside the United States.

The fund has the flexibility to participate in initial public offerings.

The diversified fund seeks to invest in growth companies in developed regions outside the U.S.

The bottom up research focuses on discovering companies with structural and forward looking high growth companies with capabilities to generate free cash flow. The fund invests to generate absolute return on a long term basis and stock selection is expected to drive excess return to the fund’s benchmark.

Stock selection and thematic investing drives country and regional allocation.

The fund seeks primarily capital appreciation in the long term and secondarily current income 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.

Valuation is also part of the investment process.

The investment team considers an issuer to be non-U.S. based if the issuer is organized under the laws of a jurisdiction other than those of the U.S., or the securities of the issuer have a primary listing on a stock exchange outside the U.S. regardless of the country in which the issuer is organized, or the issuer derives 50% or more of its total revenue from goods and/or services produced or sold outside of the U.S.

Next, the research team relies on fundamental analysis to identify exceptional companies. The team believes exceptional companies save time, lives, money or headaches or provide an exceptional value proposition to consumers.

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 typically holds a portfolio of between 40 and 70 securities demonstrating the potential for growth.

Also, the fund may invest in securities of issuers located in emerging market countries.
 

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 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 relative to factors such as cash flows, assets and liabilities.

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 portfolio holds securities of foreign companies, including countries with developed or emerging markets.

Also, the manager may invest significantly 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.

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

Additionally, the fund may invest in American Depositary Receipts and Global Depositary Receipts.

The fund seeks capital appreciation by investing in companies located in the developed regions of Europe.

The investment process focuses on identifying established companies with above average earnings growth and sustainable business model and stocks trading at reasonable prices.

The research team relies on fundamental techniques and favors companies with solid financial statements, stable earnings and long-term structural growth.

The fund is geographically diversified and about 75% of total investments are allocated to companies in France, Germany, Switzerland, U.K., and the Netherlands.

The fund seeks capital appreciation by investing in companies located in the developed regions of Europe.

The investment process focuses on identifying established companies with above average earnings growth and sustainable business model and stocks trading at reasonable prices.

The research team relies on fundamental techniques and favors companies with solid financial statements, stable earnings and long-term structural growth.

The fund is geographically diversified and about 75% of total investments are allocated to companies in France, Germany, Switzerland, U.K., and the Netherlands.

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 non-U.S. securities, including securities of issuers located in emerging markets.

The team considers high-quality growth stocks benefiting from long-term mega trends, as well as brands, barriers to entry and excellent management teams.

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.

Also, the manager utilizes an equal-active-weight approach to limit the impact of dramatic fluctuations in any single position, while still allowing for high active share.

The fund seeks to replicate total return performance of the benchmark index before fees and expenses by investing in mid-and large-size 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 focuses on securities included in the benchmark index and in depository receipts representing securities included in the index.

The team employs statistical sampling techniques to replicate the returns of the index. The technique takes into account factors such as capitalization, industry exposures, dividend yield, and valuation multiples on the basis of earnings and book value.

Other factors in consideration are earnings growth, country weightings, and the effect of foreign taxes.

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 manager focuses on securities across developed and emerging markets, excluding the United States.

The fund has the flexibility to lend securities to earn income.

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

The team focuses on companies that are globally competitive and demonstrate growth potential.

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 sectors and countries throughout the world, with no limit on the amount of assets that may be invested in each sector or country.

Additionally, the fund may invest in securities of companies that conduct their principal business activities in emerging markets or whose securities are traded principally on exchanges in emerging markets as a percentage of its net assets up to the greater of: 30% or the weight of emerging markets in the Index plus 15%.

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 issuers in the Asia Pacific region (except Japanese issuers), and in derivatives and other instruments that have economic characteristics similar to such securities.

The team considers an issuer is in the Asia Pacific region if it is organized under the laws of a country in the Asia Pacific region, or it has a principal office in a country in the Asia Pacific region.

Other factors in consideration is if it derives 50% or more of its total revenues from business in countries in the Asia Pacific region, or its securities are trading principally on a security exchange, or in an over-the-counter market, in a country in the Asia Pacific region.

Then the team favors quality growth companies that demonstrate earnings or revenue growth potential.

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 earnings growth, efficient capital allocation, and attractive prices.

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 100% of its net assets in foreign securities, including securities of issuers located in emerging markets countries.

In addition, the fund invests in China-A shares.

Also, the fund has the flexibility to invest across all market capitalizations, and may invest a significant amount of its net assets in the securities of small- and mid-capitalization issuers.

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 issuers in the Asia Pacific region (except Japanese issuers), and in derivatives and other instruments that have economic characteristics similar to such securities.

The team considers an issuer is in the Asia Pacific region if it is organized under the laws of a country in the Asia Pacific region, or it has a principal office in a country in the Asia Pacific region.

Other factors in consideration is if it derives 50% or more of its total revenues from business in countries in the Asia Pacific region, or its securities are trading principally on a security exchange, or in an over-the-counter market, in a country in the Asia Pacific region.

Then the team favors quality growth companies that demonstrate earnings or revenue growth potential.

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 earnings growth, efficient capital allocation, and attractive prices.

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 100% of its net assets in foreign securities, including securities of issuers located in emerging markets countries.

In addition, the fund invests in China-A shares.

Also, the fund has the flexibility to invest across all market capitalizations, and may invest a significant amount of its net assets in the securities of small- and mid-capitalization issuers.

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 issuers in the Asia Pacific region (except Japanese issuers), and in derivatives and other instruments that have economic characteristics similar to such securities.

The team considers an issuer is in the Asia Pacific region if it is organized under the laws of a country in the Asia Pacific region, or it has a principal office in a country in the Asia Pacific region.

Other factors in consideration is if it derives 50% or more of its total revenues from business in countries in the Asia Pacific region, or its securities are trading principally on a security exchange, or in an over-the-counter market, in a country in the Asia Pacific region.

Then the team favors quality growth companies that demonstrate earnings or revenue growth potential.

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 earnings growth, efficient capital allocation, and attractive prices.

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 100% of its net assets in foreign securities, including securities of issuers located in emerging markets countries.

In addition, the fund invests in China-A shares.

Also, the fund has the flexibility to invest across all market capitalizations, and may invest a significant amount of its net assets in the securities of small- and mid-capitalization issuers.

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 issuers in the Asia Pacific region (except Japanese issuers), and in derivatives and other instruments that have economic characteristics similar to such securities.

The team considers an issuer is in the Asia Pacific region if it is organized under the laws of a country in the Asia Pacific region, or it has a principal office in a country in the Asia Pacific region.

Other factors in consideration is if it derives 50% or more of its total revenues from business in countries in the Asia Pacific region, or its securities are trading principally on a security exchange, or in an over-the-counter market, in a country in the Asia Pacific region.

Then the team favors quality growth companies that demonstrate earnings or revenue growth potential.

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 earnings growth, efficient capital allocation, and attractive prices.

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 100% of its net assets in foreign securities, including securities of issuers located in emerging markets countries.

In addition, the fund invests in China-A shares.

Also, the fund has the flexibility to invest across all market capitalizations, and may invest a significant amount of its net assets in the securities of small- and mid-capitalization issuers.

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 focuses on companies in Western Europe, and to a certain extent, emerging Europe.

The team evaluates companies on the basis of factors, such as fundamental economic strength, earnings growth, quality of management, sector growth, credit quality and interest rate trends.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team assesses companies based on their value, quality and momentum characteristics.

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 looks to invest in a wide range of industries and companies across multiple Western European countries.

The fund may invest in Austria, Belgium, Denmark, Germany, Finland, France, Greece, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and the United Kingdom, as well as other Western European countries.

In addition, the fund may invest up to 8% of its net assets in securities of emerging market European issuers, including Poland, the Czech Republic, and Hungary.

Also, the fund invests in debt securities rated as investment grade.

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 focuses on companies in Western Europe, and to a certain extent, emerging Europe.

The team evaluates companies on the basis of factors, such as fundamental economic strength, earnings growth, quality of management, sector growth, credit quality and interest rate trends.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team assesses companies based on their value, quality and momentum characteristics.

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 looks to invest in a wide range of industries and companies across multiple Western European countries.

The fund may invest in Austria, Belgium, Denmark, Germany, Finland, France, Greece, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and the United Kingdom, as well as other Western European countries.

In addition, the fund may invest up to 8% of its net assets in securities of emerging market European issuers, including Poland, the Czech Republic, and Hungary.

Also, the fund invests in debt securities rated as investment grade.

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 companies located in Asia. According to the team, Asia consists of all countries and markets in Asia, including developed, emerging, and frontier countries and markets in the Asian region.

The team favors companies that it believes are innovators in their products, services, processes, business models, management, use of technology, or approach to creating, expanding or servicing their markets.

In addition, the team prefers companies that demonstrate characteristics such as durable growth. The team evaluates durable growth of companies on the basis of factors such as balance sheet information, number of employees, size and stability of cash flow.

Other factors in consideration for durable growth of companies are capability, adaptability and integrity of management teams, their product lines, marketing strategies, corporate governance, and financial health.

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.

As part of its investment strategy, the fund may from time to time invest a significant portion of its net assets in one or more sectors, but the fund may invest in companies in any sector.

Also, the fund has a fundamental policy to invest at least 25% of its net assets in companies that derive more than 50% of their revenues from the sale of products or services in science- and technology-related industries and services.

The fund considers companies involved in telecommunications, computers, semiconductors, Internet and online service companies, media, office automation, server hardware producers, software companies, biotechnology and medical device technology companies, and companies involved in the distribution and servicing of these products.

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 companies located in Asia. According to the team, Asia consists of all countries and markets in Asia, including developed, emerging, and frontier countries and markets in the Asian region.

The team favors companies that it believes are innovators in their products, services, processes, business models, management, use of technology, or approach to creating, expanding or servicing their markets.

In addition, the team prefers companies that demonstrate characteristics such as durable growth. The team evaluates durable growth of companies on the basis of factors such as balance sheet information, number of employees, size and stability of cash flow.

Other factors in consideration for durable growth of companies are capability, adaptability and integrity of management teams, their product lines, marketing strategies, corporate governance, and financial health.

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.

As part of its investment strategy, the fund may from time to time invest a significant portion of its net assets in one or more sectors, but the fund may invest in companies in any sector.

Also, the fund has a fundamental policy to invest at least 25% of its net assets in companies that derive more than 50% of their revenues from the sale of products or services in science- and technology-related industries and services.

The fund considers companies involved in telecommunications, computers, semiconductors, Internet and online service companies, media, office automation, server hardware producers, software companies, biotechnology and medical device technology companies, and companies involved in the distribution and servicing of these products.

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 foreign stocks of mature economies.

The team looks for companies domiciled in developed countries outside of the United States.

Also, the team defines companies domiciled outside the United States as securities listed primarily on exchanges outside of the United States.

Then the team seeks to identify companies that demonstrate growth potential.

Next, the team relies on fundamental analysis to evaluate a company’s assets, liabilities and earning. Additionally, the team reviews a company’s public filings, meets with company executives and employees, suppliers, customers and competitors.

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 prefers to hold securities for a period of two years or more.

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 high-quality global companies that have superior competitive dynamics, such as winning business models, expanding market share, growing end markets and capable management teams.

Additionally, the 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 looks to invest in securities of issuers located throughout the world, including both developed and emerging markets, excluding the U.S.

The fund has the flexibility to invest a significant portion of its net assets in companies of one particular market capitalization category.
 

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 high-quality global companies that have superior competitive dynamics, such as winning business models, expanding market share, growing end markets and capable management teams.

Additionally, the 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 looks to invest in securities of issuers located throughout the world, including both developed and emerging markets, excluding the U.S.

The fund has the flexibility to invest a significant portion of its net assets in companies of one particular market capitalization category.
 

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 foreign securities or depositary receipts of foreign equity securities.

In selecting securities for the portfolio, the research team focuses on companies that are trading at discounts to their estimated intrinsic value not yet recognized by investors.

As part of its fundamental research process, the team evaluates each potential investment based on factors, such as the company’s ability to effectively allocate capital, willingness to pay dividends and repurchase shares, ability to sustain a competitive advantage, and ability to grow its core business.

In addition, the team looks for companies that demonstrate one or more positive environmental, social and governance characteristics.

The team prefers high-quality, attractively valued companies that are making, or will make, a positive impact on the world.

Also, the team categorizes its investments as basic values, consistent earners, and emerging franchises.

The research team also considers domestic and international economic developments, outlooks for securities markets, interest rates and inflation, and the supply and demand for securities.

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 fund may also invest in developing country companies.

The fund has the flexibility to invest in companies across any size, but invests primarily in the large and middle capitalization range of publicly traded companies.

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 from issuers around the world exhibiting growth potential.

In addition, the team evaluates companies on the basis of its earnings and industry growth potential, business model, industry leadership, asset appreciation potential, and potential size of business.

Other factors in consideration include valuation multiples such as earnings, revenue, and cash flow, as well as growth rate and enterprise value to EBITDA, and management strength.

Also, the team categorizes its investments as growth industry leaders, consistent growers, and emerging growth companies.

The research team also considers domestic and international economic developments, outlooks for securities markets, interest rates and inflation, and the supply and demand for securities.

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 seeks to invest in certain industries or economic sectors, such as technology, financial services, healthcare or biotechnology.

The fund invests a significant portion of its net assets in foreign securities or depositary receipts of foreign securities.

Also, the fund may invest in developing countries.

The fund has the flexibility to invest in well-established companies, as well as emerging growth companies.
 

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 one sub-advisor namely Wilmington Trust Investment Advisors, Inc. and five regional sub-advisors.

The regional sub-advisors are AllianzGI U.S. LLC, AXA Investment Managers, Inc., Berenberg Asset Management LLC, Nikko Asset Management Americas, Inc., and Schroder Investment Management North America, Inc.

Each sub-advisor has complete discretion to invest its portion of the fund’s net assets as it deems appropriate within the constraints of the fund’s investment goal, strategies and restrictions.

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 issuers, with exposure to both developed and emerging markets.

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’s net assets are generally invested across different industries, sectors, countries, and regions.

However, the fund may invest a significant percentage of its net assets in issuers in a single industry, sector, country, or region and may not have any holdings in particular regions or countries. 

The fund also may invest in exchange-traded funds.