The fund seeks growth 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 relies on fundamental analysis to rank stocks based on quality and growth criteria for the EVQ Ranking, namely earnings revisions, valuation, and quality.

Then each company is evaluated for its competitive advantage, growth prospects, growth catalysts, management team, valuation, and risks.

The research process is driven by fundamental analysis of one stock at a time within a macro country/sector/industry framework.

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.

The manager focuses on growth companies across the globe, both in international developed and emerging market countries regardless of sector or market capitalization.

The focused portfolio holds approximately 50 holdings of non-U.S. growth equity securities.
 

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 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 50 and 60 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, and maintains substantial exposure to emerging markets.

Also, the fund may invest up to 10% of its net assets in companies located in the United States.

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 50 and 60 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, and maintains substantial exposure to emerging markets.

Also, the fund may invest up to 10% of its net assets in companies located in 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 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.

The research process is driven by fundamental analysis of one stock at a time. When evaluating individual securities, the research team emphasizes companies that are estimated to trade below their fair values but exhibiting above average return potential.

The team also looks for companies exhibiting good prospects for earnings growth.

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 favors companies located in developed countries of Europe and the Far East, and in countries with emerging capital markets anywhere in the world.

The manager will allocate a substantial amount of the fund’s net assets in securities of foreign government issuers, or of issuers organized or located outside the United States, or of issuers which primarily trade in a market located outside the United States, or of issuers doing a substantial amount of business outside the United States, which the Fund considers to be companies that derive at least 50% of their revenue or profits from business outside the United States or have at least 50% of their sales or assets outside the United States.

The fund has the flexibility to allocate its net assets among various regions and countries, including the United States but in no less than three different countries.

The fund may invest in companies across all market capitalizations but will focus mainly on medium and large capitalization companies.

The fund may invest up to 25% of its net assets in global fixed income securities.
 

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.

The research process is driven by fundamental analysis of one stock at a time. When evaluating individual securities, the research team emphasizes companies that are estimated to trade below their fair values but exhibiting above average return potential.

The team also looks for companies exhibiting good prospects for earnings growth.

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 favors companies located in developed countries of Europe and the Far East, and in countries with emerging capital markets anywhere in the world.

The manager will allocate a substantial amount of the fund’s net assets in securities of foreign government issuers, or of issuers organized or located outside the United States, or of issuers which primarily trade in a market located outside the United States, or of issuers doing a substantial amount of business outside the United States, which the Fund considers to be companies that derive at least 50% of their revenue or profits from business outside the United States or have at least 50% of their sales or assets outside the United States.

The fund has the flexibility to allocate its net assets among various regions and countries, including the United States but in no less than three different countries.

The fund may invest in companies across all market capitalizations but will focus mainly on medium and large capitalization companies.

The fund may invest up to 25% of its net assets in global fixed income securities.
 

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 well-established companies that offer the best opportunities for growth.

In addition, the team considers the company’s financial strength, earnings and cash flow forecast and quality of management.

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 manager invests at least 40% of the fund’s net assets in securities of foreign issuers.

According to the manager, securities of foreign issuers are organized under the laws of a foreign country or that have a substantial portion of their operations or assets in a foreign country or countries, or that derive a substantial portion of their revenue or profits from businesses, investments or sales outside of the United States.

The portfolio comprises of companies with superior growth and quality characteristics across developed and emerging markets.

The fund may also invest in foreign securities through American Depositary Receipts or similar depository arrangements, and in securities of issuers in emerging markets to a significant extent.
 

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 well-established companies that offer the best opportunities for growth.

In addition, the team considers the company’s financial strength, earnings and cash flow forecast and quality of management.

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 manager invests at least 40% of the fund’s net assets in securities of foreign issuers.

According to the manager, securities of foreign issuers are organized under the laws of a foreign country or that have a substantial portion of their operations or assets in a foreign country or countries, or that derive a substantial portion of their revenue or profits from businesses, investments or sales outside of the United States.

The portfolio comprises of companies with superior growth and quality characteristics across developed and emerging markets.

The fund may also invest in foreign securities through American Depositary Receipts or similar depository arrangements, and in securities of issuers in emerging markets to a significant extent.
 

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 well-established companies that offer the best opportunities for growth.

In addition, the team considers the company’s financial strength, earnings and cash flow forecast and quality of management.

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 manager invests at least 40% of the fund’s net assets in securities of foreign issuers.

According to the manager, securities of foreign issuers are organized under the laws of a foreign country or that have a substantial portion of their operations or assets in a foreign country or countries, or that derive a substantial portion of their revenue or profits from businesses, investments or sales outside of the United States.

The portfolio comprises of companies with superior growth and quality characteristics across developed and emerging markets.

The fund may also invest in foreign securities through American Depositary Receipts or similar depository arrangements, and in securities of issuers in emerging markets to a significant extent.
 

The fund seeks capital appreciation in the long term by investing in small-and mid-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 looks for quality growth companies trading at reasonable valuations.

The team prefers companies that are innovative, operate within a favorable market structure with high barriers to entry and enjoy structural growth tailwinds.

In addition, the team focuses on companies with a superior business franchise that offers growth potential.

The team assesses if the company’s products and services have a competitive advantage.

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 companies offering the potential to provide above-average growth over time.

The fund invests in foreign companies in developed markets such as Japan, Canada and the United Kingdom.

Additionally, the fund may invest up to 35% of its net assets in companies in emerging markets such as China, India and Brazil.

The fund generally invests in at least three countries other than the United States but may invest up to 25% of its net assets in securities of U.S. issuers.

Also, the fund may invest in larger-sized companies.
 

The fund seeks capital appreciation in the long term by investing in small-and mid-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 looks for quality growth companies trading at reasonable valuations.

The team prefers companies that are innovative, operate within a favorable market structure with high barriers to entry and enjoy structural growth tailwinds.

In addition, the team focuses on companies with a superior business franchise that offers growth potential.

The team assesses if the company’s products and services have a competitive advantage.

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 companies offering the potential to provide above-average growth over time.

The fund invests in foreign companies in developed markets such as Japan, Canada and the United Kingdom.

Additionally, the fund may invest up to 35% of its net assets in companies in emerging markets such as China, India and Brazil.

The fund generally invests in at least three countries other than the United States but may invest up to 25% of its net assets in securities of U.S. issuers.

Also, the fund may invest in larger-sized companies.
 

The fund seeks capital appreciation in the long term by investing in small-and mid-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 looks for quality growth companies trading at reasonable valuations.

The team prefers companies that are innovative, operate within a favorable market structure with high barriers to entry and enjoy structural growth tailwinds.

In addition, the team focuses on companies with a superior business franchise that offers growth potential.

The team assesses if the company’s products and services have a competitive advantage.

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 companies offering the potential to provide above-average growth over time.

The fund invests in foreign companies in developed markets such as Japan, Canada and the United Kingdom.

Additionally, the fund may invest up to 35% of its net assets in companies in emerging markets such as China, India and Brazil.

The fund generally invests in at least three countries other than the United States but may invest up to 25% of its net assets in securities of U.S. issuers.

Also, the fund may invest in larger-sized 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 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 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 that are tied economically to countries throughout the world in both developed and emerging markets.

The team typically invests in three or more countries outside of the United States.

In addition, the team employs a top-down approach to country allocation and a bottom-up security selection 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 manager has the flexibility to allocate between growth and value stocks.

Also, the fund has the flexibility to invest more than 25% of its net assets in the securities of issuers located in the same country.
 

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 that are tied economically to countries throughout the world in both developed and emerging markets.

The team typically invests in three or more countries outside of the United States.

In addition, the team employs a top-down approach to country allocation and a bottom-up security selection 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 manager has the flexibility to allocate between growth and value stocks.

Also, the fund has the flexibility to invest more than 25% of its net assets in the securities of issuers located in the same country.
 

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 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.

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 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.

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 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. securities.

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 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 favors companies demonstrating above-average growth potential.

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 countries and regions.
 

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 favors companies demonstrating above-average growth potential.

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 countries and regions.
 

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

The team favors companies demonstrating above-average growth potential.

Additionally, the team prefers companies with multiyear structural growth prospects, high barriers to entry and attractive valuations.

Also, the team divides investment ideas into three main categories such as structurally attractive growth themes, cyclically out-of-favor companies with limited competition and pricing power, and companies with superior earnings potential that may be cheap due to macroeconomic events.

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 countries and regions.
 

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 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 and other investments that are tied economically to emerging markets.

The team favors companies demonstrating above-average growth potential.

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 emerging market countries.

The fund seeks capital appreciation in the long term by investing in mid-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 companies located outside the U.S., including developing or emerging market countries.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team favors companies that exhibit higher estimated revenue and earnings growth.

Also, the team prefers high-quality companies with durable business models that offer the most attractive combination of growth, quality 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 companies across all industry groups that are exhibiting long-term growth potential.

Additionally, the fund may invest up to 20% of its net assets in emerging market countries, and from time to time, may have significant investments in a particular sector or country.

The fund seeks capital appreciation in the long term by investing in mid-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 companies located outside the U.S., including developing or emerging market countries.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team favors companies that exhibit higher estimated revenue and earnings growth.

Also, the team prefers high-quality companies with durable business models that offer the most attractive combination of growth, quality 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 companies across all industry groups that are exhibiting long-term growth potential.

Additionally, the fund may invest up to 20% of its net assets in emerging market countries, and from time to time, may have significant investments in a particular sector or country.

The fund seeks capital appreciation in the long term by investing in mid-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 companies located outside the U.S., including developing or emerging market countries.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team favors companies that exhibit higher estimated revenue and earnings growth.

Also, the team prefers high-quality companies with durable business models that offer the most attractive combination of growth, quality 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 companies across all industry groups that are exhibiting long-term growth potential.

Additionally, the fund may invest up to 20% of its net assets in emerging market countries, and from time to time, may have significant investments in a particular sector or country.

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 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 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 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 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 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 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 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 companies that exhibit growth characteristics.

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 a company’s financial statements and management structure.

Additionally, the team considers a company’s operations, business strategy, product development and industry position.

Also, the team prefers companies with a superior competitive position and high demand for their products or services, as well as accelerating earnings growth and cash flow.

The team also considers the effect of worldwide trends on the growth of particular business sectors and looks for companies that may benefit from those trends.

The trends currently considered include mass affluence, new technologies, restructuring and aging.

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 aims for diversity among companies, industries and countries to help reduce the risks of foreign investing, such as currency fluctuations and stock market volatility.

The fund may invest 100% of its net assets in securities of foreign companies, and looks to invest the majority of its net assets in stocks of issuers in at least three different countries.

Also, the fund may invest in emerging markets as well as in developed markets throughout the world.

From time to time, the fund may place greater emphasis on investing in one or more particular regions such as Asia or Europe. 

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 companies that exhibit growth characteristics.

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 a company’s financial statements and management structure.

Additionally, the team considers a company’s operations, business strategy, product development and industry position.

Also, the team prefers companies with a superior competitive position and high demand for their products or services, as well as accelerating earnings growth and cash flow.

The team also considers the effect of worldwide trends on the growth of particular business sectors and looks for companies that may benefit from those trends.

The trends currently considered include mass affluence, new technologies, restructuring and aging.

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 aims for diversity among companies, industries and countries to help reduce the risks of foreign investing, such as currency fluctuations and stock market volatility.

The fund may invest 100% of its net assets in securities of foreign companies, and looks to invest the majority of its net assets in stocks of issuers in at least three different countries.

Also, the fund may invest in emerging markets as well as in developed markets throughout the world.

From time to time, the fund may place greater emphasis on investing in one or more particular regions such as Asia or Europe. 

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 companies that exhibit growth characteristics.

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 a company’s financial statements and management structure.

Additionally, the team considers a company’s operations, business strategy, product development and industry position.

Also, the team prefers companies with a superior competitive position and high demand for their products or services, as well as accelerating earnings growth and cash flow.

The team also considers the effect of worldwide trends on the growth of particular business sectors and looks for companies that may benefit from those trends.

The trends currently considered include mass affluence, new technologies, restructuring and aging.

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 aims for diversity among companies, industries and countries to help reduce the risks of foreign investing, such as currency fluctuations and stock market volatility.

The fund may invest 100% of its net assets in securities of foreign companies, and looks to invest the majority of its net assets in stocks of issuers in at least three different countries.

Also, the fund may invest in emerging markets as well as in developed markets throughout the world.

From time to time, the fund may place greater emphasis on investing in one or more particular regions such as Asia or Europe. 

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 non-US companies, including those from emerging markets.

The team focuses on quality growth businesses that can generate, and sustain, high levels of financial productivity such as return on equity, return on capital and cash flow return on investment.

In addition, the team also evaluates the competitive advantage of a company in its industry and the sustainability of its competitive advantage.

The team also prefers businesses that can grow profits and cash flows by investing back into their business at similarly high rates of financial productivity.

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

According to the team, a company or other issuer is considered to be located in a country or a region, and a security or instrument is deemed to be an Asian (or specific country) security or instrument, if it has substantial ties to that country or region.

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.

The fund may also invest in depositary receipts, including American, European and Global Depositary 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.

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 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 established and emerging companies on an international basis 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 invests in securities of companies located in Europe, Japan, Asia, the Pacific Basin, Latin America, the Middle East and Africa.

However, the fund may also invest in securities of companies located in the United States to a limited extent.
 

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 high quality established and emerging companies on an international basis 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 invests in securities of companies located in Europe, Japan, Asia, the Pacific Basin, Latin America, the Middle East and Africa.

However, the fund may also invest in securities of companies located in the United States to a limited extent.
 

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 high quality established and emerging companies on an international basis 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 invests in securities of companies located in Europe, Japan, Asia, the Pacific Basin, Latin America, the Middle East and Africa.

However, the fund may also invest in securities of companies located in the United States to a limited extent.
 

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 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 focuses on stocks of companies located (or with primary operations) in Asia (excluding Japan).

The fund normally invests in countries such as China, Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore, South Korea, Taiwan, and Thailand.

Other Asian countries in which the fund invests include Pakistan, Sri Lanka, and Vietnam.

The team emphasizes companies exhibiting durable above-average earnings growth over the long term.

In addition, the team favors companies that are trading at reasonable prices in relation to present or anticipated earnings, cash flow, or book value.

Additionally, the team prefers companies with leading market position, attractive business niche, attractive or improving franchise or industry position, and proven management teams.

The team also seeks companies with consistent or improving earnings and/or cash flow; and sound or improving balance sheet.

However, the research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team looks to identify the best investment opportunities and is not constrained by the index.

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 with an awareness of the outlook for certain industry sectors and individual countries within the region.

However, country allocation is driven largely by stock selection.

The fund invests significantly in Asian countries and typically has substantial investments in China.

Also, the fund is non-diversified meaning it may invest a greater portion of assets in a single company.
 

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 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 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’s objective is to generate total return through investing in international companies outside the United States.

The investment process is designed to discover companies with sustainable earnings, structural long term growth opportunities and differentiated products and/or services with margin expansion opportunities.

The research team then applies qualitative research in evaluating management track record and the durability of the early stage of structural change. The fund invests across all economic sectors.

Geographically, the fund is diversified with about 50% allocation in Western Europe, 33% in Asia Pacific and 15% in Mexico and South America.

The fund seeks to invest in high growth companies around the world including the United States, developed regions and emerging markets.  

The fund is sub-advised by Sustainable Growth Advisers with a target focus on large-cap growth companies.  

The investment process screens for high growth companies and then conducts a detailed analysis of one company at a time to understand drivers of growth, sustainability of earnings and cash flow growth and long term value creation opportunity. The research team also looks for visionary management with a track record of developing innovative products.

The fund generally holds between 25 and 35 stocks and the 90% of assets are allocated to companies in the U.S., China, India, Switzerland, U.K., France, Mexico, Germany, the Netherlands and Hong Kong.

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 domiciled outside the U.S. that demonstrate above-average growth, profitability and quality characteristics.

The team believes these companies exhibit superior business fundamentals, including market leadership, quality products or services, distinctive marketing and distribution, pricing flexibility and revenue from products or services consumed on a steady, recurring basis.

In addition, the team prefers companies with management teams aligned with shareholders’ interests and that utilize conservative accounting policies.

However, the team favors companies with above-average returns on equity, balance sheet strength and durable above-average earnings growth.

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 the fund’s investments among at least six different countries.

Also, the manager has the flexibility to invest in well-established companies to smaller companies at earlier stages of development.

With regards to country allocation, the manager considers factors such as the conditions and growth potential of various economies and securities markets, currency exchange rates, technological developments in the various countries and other pertinent financial, social, national and political factors.

Additionally, no more than 50% of the fund’s holdings may be invested in securities of issuers in one country at any given time.

The fund’s investments will be divided among Continental Europe, the United Kingdom, Canada, Japan and the markets of the Pacific Basin.

Also, the fund may invest in emerging markets, which include every country in the world except the United States, Canada, Japan, Australia, New Zealand, Hong Kong, Singapore and most Western European countries.

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 domiciled outside the U.S. that demonstrate above-average growth, profitability and quality characteristics.

The team believes these companies exhibit superior business fundamentals, including market leadership, quality products or services, distinctive marketing and distribution, pricing flexibility and revenue from products or services consumed on a steady, recurring basis.

In addition, the team prefers companies with management teams aligned with shareholders’ interests and that utilize conservative accounting policies.

However, the team favors companies with above-average returns on equity, balance sheet strength and durable above-average earnings growth.

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 the fund’s investments among at least six different countries.

Also, the manager has the flexibility to invest in well-established companies to smaller companies at earlier stages of development.

With regards to country allocation, the manager considers factors such as the conditions and growth potential of various economies and securities markets, currency exchange rates, technological developments in the various countries and other pertinent financial, social, national and political factors.

Additionally, no more than 50% of the fund’s holdings may be invested in securities of issuers in one country at any given time.

The fund’s investments will be divided among Continental Europe, the United Kingdom, Canada, Japan and the markets of the Pacific Basin.

Also, the fund may invest in emerging markets, which include every country in the world except the United States, Canada, Japan, Australia, New Zealand, Hong Kong, Singapore and most Western European countries.