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

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

The process employs a market neutral strategy to limit market risk.

Next, the research team takes long positions in equity securities that are estimated to trade below their fair values.

Also, the team takes short positions in equity securities that are overvalued.

In selecting stocks for the fund’s long portfolio, the team focuses on companies that are trading at significant discounts to their estimated intrinsic value.

The team utilizes the same investment strategy to identify stocks that they believe are overvalued, which will make up the fund’s short positions.

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 a portion of its net assets in foreign securities.

In addition, the fund may take long or short positions in exchange traded funds or other securities that provide exposure to market or sector indices, underlying commodities or commodity indices.

The fund seeks primarily capital appreciation and secondarily current income in the long term by investing in mega-and large-size companies in the United States.

The investment process is designed to highlight companies from the benchmark index that are estimated to trade below their fair values.

The multi-step investment process combines quantitative and qualitative techniques to identify attractive investment opportunities.

Then the research team ranks the companies from most attractive to least attractive on the basis of attributes such as valuation, quality, growth, and sentiment.

Next, the team narrows the investable universe to a list of companies that demonstrate an optimal balance between risk and estimated return.

The team also attempts to create a dividend yield greater than that of the S&P 500 Index.

In addition, the process also considers factors such as risk management, transaction costs, and liquidity management.

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

The team employs a risk-managed, quantitative investment process designed to outperform the broad equity market over time.

The fund seeks capital appreciation in the long term by investing in mega-and large-size companies in the United States.

The multi-step investment process combines quantitative and qualitative techniques to identify attractive investment opportunities.

Then the research team ranks the companies from most attractive to least attractive on the basis of attributes such as valuation, quality, growth, and sentiment.

Next, the team narrows the investable universe to a list of companies that demonstrate an optimal balance between risk and estimated return.

In addition, the process also considers factors such as risk management, transaction costs, and liquidity management.

Then the manager constructs a diversified portfolio from a list of companies in the benchmark index 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 located in emerging market countries.

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 investment team considers an emerging market country to be any country other than a developed country. However, the strategy focuses in the subset of emerging markets countries that comprise the benchmark index.

Next, the research team reviews where the company is headquartered, where the company’s principal operations are located, where the company’s revenues are derived, where the principal trading market is located and the country in which the company was legally organized.

In addition, the team considers companies that are going to increase in value over time. The research process is driven by fundamental analysis of one stock at a time.

Also, the research team integrates environmental, social and governance factors as part of its process.

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

The manager looks for companies whose earnings, revenues or key business fundamentals are growing at an accelerating rate.

Also, a portion of the fund’s net assets may be invested in frontier markets.
 

The fund seeks capital appreciation in the long term by investing in small-size companies that are located in emerging market countries.

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 investment team considers an emerging market country to be any country other than a developed country. However, the strategy focuses in the subset of emerging markets countries that comprise the benchmark index.

Next, the research team reviews where the company is headquartered, where the company’s principal operations are located, where the company’s revenues are derived, where the principal trading market is located and the country in which the company was legally organized.

In addition, the team considers companies that are going to increase in value over time. The research process is driven by fundamental analysis of one stock at a time.

Also, the research team integrates environmental, social and governance factors as part of its process.

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

The manager looks for companies whose earnings, revenues or key business fundamentals are growing at an accelerating rate.

Also, a portion of the fund’s net assets may be invested in frontier markets.
 

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

The multi-step investment process combines quantitative and qualitative techniques to identify attractive investment opportunities.

The research team then ranks the companies from most attractive to least attractive on the basis of attributes such as valuation, quality, growth, and sentiment.

Next, the team narrows the investable universe to a list of companies that demonstrate an optimal balance between risk and estimated return.

In addition, the process also considers factors such as risk management, transaction costs, and liquidity management.

The fund seeks primarily current income and secondarily capital appreciation by investing in companies in 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 with a favorable income-paying history that have prospects for income payments to continue or increase.

The team favors companies that are estimated to trade below their fair values and have the potential for an increase in price.

In addition, the team looks for companies with earnings, cash flows and/or assets that may not be reflected in the companies’ stock prices or may be outside the companies’ historical ranges.

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 a portion of its assets in foreign securities when these securities meet the portfolio managers’ standards of selection.

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 invests in companies located in developed countries world-wide (including the United States).

The team may also invest in emerging market countries.

In addition, the team prefers stocks of companies that have the potential to increase in value over time.

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

The team emphasizes companies whose earnings and revenues are growing at an accelerating pace.

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 portfolio holds between 30 and 50 companies.

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 relies on a proprietary strategy to identify companies that will increase in value over time.

The research process is driven by fundamental analysis of one stock at a time. When evaluating individual securities, the team emphasizes companies whose earnings and revenues are not only growing, but growing at an accelerating pace.

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 in companies located in at least three developed countries world-wide (excluding the United States).

The portfolio holds approximately 35 to 50 companies.

The fund may also invest in emerging market countries.

The fund seeks primarily capital appreciation and secondarily current income by investing in large-size companies in the United States.

The investment process is designed to highlight undervalued companies that are trading at a discount to their estimated intrinsic value.

Next, the team narrows the list of these companies and plans to hold them till they reflect the estimated fair value.

Generally, the portfolio holds 30 to 50 securities.

The fund seeks total return by investing in companies outside the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the research team invests in securities of companies that are engaged in mining, processing, fabricating, distributing, exploring for or otherwise dealing in gold.

In selecting securities for the portfolio, the research team relies on a multi-step process.

First, the team ranks stocks from most attractive to least attractive based on measures, such as valuation, quality, and sentiment.

Second, the team narrows the investable universe to a list of companies that provide the optimal balance between risk and estimated return.

Finally, the team reviews factors such as risk management, transaction costs, and liquidity management.

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

The fund seeks high total investment return by investing in companies outside the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the research team invests in securities issued by real estate investment trusts and other companies engaged in the real estate industry.

The team considers a company to be engaged in the real estate industry if at least 50% of its revenues or 50% of the market value of its assets at the time the securities are purchased by the fund are attributed to the ownership, construction, management or sale of real estate.

In addition, the team favors companies with the potential for stock price appreciation and durable growth of cash flow.

As part of the process, the team relies on top down fundamental analysis of property sectors and geographic regions, and bottom up fundamental stock research.

Additionally, the team places particular emphasis on property sector research.

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 developed countries world-wide (including the United States), but may also invest in emerging markets.

Also, the fund will invest at least 30% of its net assets in securities of issuers located outside the United States.

The fund will allocate its assets among at least three different countries (one of which may be the United States).

The fund seeks capital appreciation by investing in small-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 invests in countries world-wide, including the United States, foreign developed countries and emerging markets.

The fund will invest at least 40% of its net assets in securities of issuers located outside of the United States.

Also, the fund will allocate its assets among at least three different countries (one of which may be the U.S.).

In addition, the team prefers stocks of companies that have the potential to increase in value over time.

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

Also, the research team integrates environmental, social and governance factors as part of its process.

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

The fund seeks capital appreciation in the long term by investing in large-size companies in the United States.

The disciplined investment process is designed to focus on companies demonstrating business improvement. The indicators to identify signs of business improvement include accelerating earnings or revenue growth rates, increasing cash flows, or the relative strength of a company’s business.

The research team uses fundamental analysis to identify companies that offer sustainable growth with limited downside risk.

The fund has the flexibility to invest a portion of its assets in foreign securities. 

The fund seeks capital appreciation in the long term by investing in large-size companies in the United States.

The investment process is designed to identify companies that exhibit accelerated earnings or revenues growth.

The research team uses fundamental analysis to evaluate a company’s growth and momentum profile relative to the benchmark. The team also considers factors such as improvements in business, and increasing cash flows.

The concentrated portfolio holds approximately 30 to 45 stocks of growth companies poised to increase in value over time.

The fund has the flexibility to invest a portion of its assets in foreign securities. 

The fund seeks capital appreciation in the long term by investing in mid-size companies in 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 exhibiting the potential to increase in value over time.

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 with attractive returns on invested capital that are demonstrating business improvement.

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

Also, the fund may invest in securities of foreign companies.

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 relies on a proprietary strategy to identify companies that will increase in value over time.

The research process is driven by fundamental analysis of one stock at a time. When evaluating individual securities, the team emphasizes companies whose earnings and revenues are not only growing, but growing at an accelerating pace.

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 in companies located in at least three developed countries world-wide (excluding the United States).

The fund may also invest in emerging market countries.
 

The fund seeks capital appreciation in the long term by investing in small-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 relies on a proprietary strategy to identify companies that will increase in value over time.

The research process is driven by fundamental analysis of one stock at a time. When evaluating individual securities, the team emphasizes companies whose earnings and revenues are not only growing, but growing at an accelerating pace.

Also, the research team integrates environmental, social and governance factors as part of its process.

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

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

The multi-step investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify attractive investment opportunities.

Then the research team employs a proprietary expected returns model to rank the companies from most attractive to least attractive.

Next, the team narrows the investable universe to a list of companies that demonstrate an optimal balance between risk and estimated return.

Also, as part of its process, the team emphasizes companies that are estimated to trade below their fair values. The team believes companies may be undervalued due to market declines, poor economic conditions, actual or anticipated bad news regarding the issuer or its industry, or because it has been overlooked by the market.

In addition, the process also considers factors such as risk management, transaction costs, and liquidity 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.

Generally, the manager invests across different countries and geographic regions, but may invest a significant portion of assets in one country or region when consistent with the fund’s investment process.

The manager invests in securities of issuers from a minimum of three countries outside the United States.

The fund may invest in companies across all market capitalizations, including small-cap companies.

The fund seeks capital appreciation and current income in the long term by investing in mid-size companies in the United States.

The investment process starts with companies in the benchmark index. The research team looks for companies that offer higher returns, lower volatility and attractive dividend yields.

Next, the research team uses qualitative research to identify companies that are temporarily selling at a discount and may not reflect the company’s value based on its long-term prospective earnings.

The team then narrows the list of these undervalued companies and holds them till they reflect the estimated fair value.

The fund has the flexibility to invest a portion of its assets in foreign 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.

Then the research team relies on fundamental analysis to look for companies that are trading at significant discounts to their intrinsic value.

As part of its quantitative assessment, the team evaluates a company’s historical financial statements.

Qualitative factors include corporate governance, country of domicile, level of transparency, industry cycles, brand value, pricing power, product concentration, customer diversification, capital structure, and regulatory risks.

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 40 to 60 securities.

The fund may invest in both developed and emerging markets and generally intends to invest across different countries and geographic regions.

Additionally, the fund may also invest in foreign securities that are represented in the U.S. securities markets by American Depositary Receipts or similar depositary arrangements.

The fund may invest in companies across all market capitalizations, including small-cap companies.
 

The fund seeks capital appreciation in the long term by investing in mega-and large-size companies in the United States.

The multi-step investment process combines quantitative and qualitative techniques to identify attractive investment opportunities.

Then the research team ranks the companies from most attractive to least attractive on the basis of attributes such as valuation, quality, growth, and sentiment.

Next, the team narrows the investable universe to a list of companies that demonstrate an optimal balance between risk and estimated return.

In addition, the process also considers factors such as risk management, transaction costs, and liquidity management.

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

The fund does not invest in tobacco industry companies.

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

The multi-step investment process combines quantitative and qualitative techniques to identify attractive investment opportunities.

The research team then ranks the companies from most attractive to least attractive on the basis of attributes such as valuation, quality, growth, and sentiment.

Next, the team narrows the investable universe to a list of companies that demonstrate an optimal balance between risk and estimated return.

In addition, the process also considers factors such as risk management, transaction costs, and liquidity management.

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 relies on a proprietary strategy to identify companies that will increase in value over time.

The research process is driven by fundamental analysis of one stock at a time. When evaluating individual securities, the team emphasizes companies whose earnings and revenues are not only growing, but growing at an accelerating pace.

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 in companies located in at least three developed countries world-wide (excluding the United States).

The fund may also invest in emerging market countries.

Additionally, the fund is not permitted to invest in securities issued by companies assigned the Global Industry Classification Standard or the Bloomberg Industry Classification Standard for the tobacco industry.
 

The fund seeks capital appreciation 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 relies on a proprietary strategy to identify companies that will increase in value over time.

The research process is driven by fundamental analysis of one stock at a time. When evaluating individual securities, the team emphasizes companies whose earnings and revenues are not only growing, but growing at an accelerating pace.

Also, the research team integrates environmental, social and governance factors as part of its process.

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

The fund invests in companies located in foreign developed countries.

However, the fund is not permitted to invest in securities issued by companies assigned the Global Industry Classification Standard or the Bloomberg Industry Classification Standard for the tobacco industry.
 

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.

Then the research team employs a proprietary expected returns model to rank the companies from most attractive to least attractive.

Next, the team narrows the investable universe to a list of companies that demonstrate an optimal balance between risk and estimated return.

Also, as part of its process, the team emphasizes companies that are estimated to trade below their fair values. The team believes companies may be undervalued due to market declines, poor economic conditions, actual or anticipated bad news regarding the issuer or its industry, or because it has been overlooked by the market.

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.

Generally, the manager invests across different countries and geographic regions, but may invest a significant portion of assets in one country or region when consistent with the fund’s investment process.

The manager invests in securities of issuers from a minimum of three countries outside the United States.

The fund may invest in companies across all market capitalizations, including small-cap companies.

However, the fund is not permitted to invest in securities issued by companies assigned the Global Industry Classification Standard or the Bloomberg Industry Classification Standard for the tobacco industry.
 

The fund seeks primarily capital appreciation and secondarily current income by investing in large-size companies in the United States.

The investment process is designed to highlight undervalued companies that are trading at a discount to their estimated intrinsic value.

Next, the team narrows the list of these companies and plans to hold them till they reflect the estimated fair value.

Generally, the portfolio holds 30 to 50 securities.

The fund seeks high total investment return by investing in companies in the United States.

The investment process is designed to highlight companies that are engaged in the real estate investment trusts and other companies engaged in the real estate industry.

The investment team considers a company to be engaged in the real estate industry if, at least 50% of its revenues or 50% of the market value of its assets at the time of purchase are attributed to the ownership, construction, management or sale of real estate.

Then the research team focuses on companies offering superior returns with the potential for stock price appreciation and durable cash flow growth.

The team combines top down investment research and bottom up fundamental stock research to narrow the investable universe.

As part of its research process, the team places particular emphasis on property sector research.

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

The manager allocates assets among securities with exposure to different segments of the real estate market.

The fund is non-diversified and may hold a relatively small number of security positions compared to other diversified funds.
 

The fund seeks capital appreciation in the long term by investing in large-size companies in the United States.

The investment process is designed to identify companies that exhibit accelerated earnings or revenues growth.

The research team is using fundamental analysis to evaluate a company’s growth and momentum profile relative to the benchmark. The team also considers factors such as improvements in business, and increasing cash flows.

The portfolio holds approximately 55 stocks of growth companies poised to increase in value over time.

The fund has the flexibility to invest a portion of its assets in foreign securities. 

The fund seeks capital appreciation in the long term by investing in small-size companies in 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 proprietary strategy to invest in companies that will increase in value over time.

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 whose earnings and revenues are not only growing, but growing at an accelerating pace.

In addition, the team also prefers companies whose stocks demonstrate price strength relative to their peers.

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 stocks of companies exhibiting favorable growth prospects.

Also, the fund may invest in securities of foreign companies.
 

The fund seeks primarily capital appreciation in the long term and secondarily income by investing in small-size companies in 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 that are estimated to trade below their fair values.

In selecting securities for the portfolio, the research team favors companies whose stock price may not reflect the company’s value.

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

The fund may invest in equity securities issued by real estate investment trusts.
 

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

In selecting securities for the portfolio, the research team relies on a multi-step process.

First, the team ranks stocks from most attractive to least attractive based on measures, such as valuation, quality, growth, and sentiment.

Second, the team narrows the investable universe to a list of companies that provide the optimal balance between risk and estimated return.

Finally, the team reviews factors such as risk management, transaction costs, and liquidity management.

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

The fund may invest in equity securities issued by real estate investment trusts.

The fund seeks primarily capital appreciation and secondarily current income by investing in large-size companies in the United States.

The investment process is designed to highlight companies that demonstrate value and growth characteristics.

Next, the research process focuses on a company’s valuation multiples on the basis of earnings and cash flow.

The team also measures growth in terms of a company’s earnings and cash flow growth and changes in its earnings estimates.

In addition, the process also considers price momentum, business fundamentals and corporate behaviors when evaluating companies.

The portfolio is constructed of stocks that provide better returns and a dividend yield better than the benchmark index.

The investment team also considers environmental, social and governance factors when assessing investment opportunities.

The fund seeks capital appreciation in the long term by investing in large-size companies in the United States.

The investment process is designed to identify companies that exhibit accelerated earnings or revenues growth.

The research team is using fundamental analysis to evaluate a company’s growth and momentum profile relative to the benchmark index.

The team also considers factors such as improvements in business, increasing free cash flows, and positive price momentum.

The fund has the flexibility to invest a portion of its assets in foreign securities.

The fund seeks capital appreciation in the long term and income by investing in companies in the United States.

The investment process is designed to highlight companies that are engaged in the utilities industry.

The investment team considers a company to be engaged in the utilities industry if the company’s securities are listed in at least one index that is made up exclusively of companies engaged in industries such as electricity, natural gas, telecommunications services, cable television, water or sanitation services, or the company derives 50% or more of its revenues or net profits from the ownership or operation of facilities used to provide electricity, natural gas, telecommunications services, cable television, water or sanitation services.

Next, the research team utilizes quantitative and qualitative techniques to identify investment opportunities.

In the quantitative process, the team ranks stocks based on their growth and valuation characteristics.

As part of its qualitative screening, the team evaluates factors such as regulatory environment, industry conditions and company specific events.

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

The manager seeks to provide the optimal balance between risk and expected return.

The fund may also invest a portion of its net assets in foreign securities and debt securities.

The fund seeks primarily capital appreciation and secondarily current income by investing in companies across any size in the United States.

The investment process is designed to highlight undervalued companies that are out of favor for temporary reasons and trading at a discount to their estimated intrinsic value.

As part of its process, the research team focuses on companies that offer higher returns, lower volatility and attractive yields.

Next, the team narrows the list of these companies and plans to hold them till they reflect the estimated fair value.

The fund has the flexibility to invest a portion of its net assets in securities of foreign issuers.