The fund seeks total return 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 looks to invest in companies, in both developed and emerging market countries.
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 diversified portfolio holds securities of foreign companies, and seeks geographical diversification by region and country.
The fund seeks a high level of 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 securities of international companies that are estimated to trade below their fair values.
According to the research team, value companies are those that are trading at a discount to their estimated intrinsic value with total return potential.
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.
The fund invests in companies whose securities may be traded on U.S. or non-U.S. securities exchanges, and may include American Depositary Receipts and other similar depositary receipts.
Also, the fund has the flexibility to invest without limitation in securities of companies that are organized or operated in emerging market countries.
The fund seeks capital appreciation in the long term and income 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 issued by foreign markets value issuers.
According to the investment team, a foreign markets issuer is an issuer operating in any industry sector that derives at least 50 percent of its gross revenues or profits from goods or services produced in non-U.S. markets or from sales made in non-U.S. markets.
Additionally, the team also focuses on companies that are lagging in market price but having the best opportunity for price appreciation that is not reflected in their current valuations.
The research process is driven by fundamental analysis of one stock at a time.
Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.
The portfolio generally holds between 50 and 125 value securities.
However, the fund may be invested in securities from any country, any industry sector, or of any market capitalization amount.
The fund is non-diversified, which means that it may invest a higher percentage of its net assets in a smaller number of issuers.
