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 invests in common stocks of U.S. issuers and American Depositary Receipts, including unsponsored ADRs, of foreign issuers.

The team categorizes each stock into one of three groups, namely Quality Compounders, Emerging Growers and Risk Mitigators.

Quality Compounders include companies that have long track records, low volatility in their revenue and earnings streams, an advantageous market position over competition, and high returns on capital.

Emerging Growers include growth companies that have unique business models with large unaddressed target markets or novel products or services that can rapidly take market share.

Risk Mitigators include companies that demonstrate superior quality and growth characteristics relative to their peer group.

In selecting securities for the portfolio, the research team focuses on the most attractive equity holdings in each major country or region in international markets, as defined by the benchmark.

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 40 and 70 stocks of companies.

The fund typically invests in securities of issuers domiciled in at least three non-U.S. countries, with at least 40% of the fund’s net assets invested in securities of foreign issuers.

Also, the fund’s investments in securities of foreign issuers may include securities of issuers located in emerging markets.

The fund may also invest in real estate investment trusts, with a focus on office, industrial and residential REITs.

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.

Then the research team employs a bottom-up, fundamental technique to identify quality growth companies.

Next, the team relies on proprietary analysis to assess whether a company has sustainable competitive advantages and highly visible future growth potential, including internal revenue growth, large market opportunities and simple business models.

In addition, the team also considers factors such as superior cash flow generation and high return on invested capital.

The research process is driven by fundamental analysis of one stock at a time. Then the manager constructs a portfolio of stocks within multiple industry groups that have superior performance.

The fund may invest up to 30% of its net assets in issuers of foreign securities, and may invest up to 25% of its net assets in securities of issuers located in emerging markets.

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

The investment process seeks to highlight companies that generate strong cash flow and are trading at attractive valuations.

The research process uses fundamental analysis to identify companies offering consistent cash flow growth and return on invested capital.

Next, the team looks for companies with a proven track record of solid business execution. The team believes these companies have a proprietary product or business approach that allows them to be leaders within their respective industries.

The fund has the flexibility to invest up to 25% of its net assets in securities of foreign issuers, and across any market capitalization.

The fund seeks current income and 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.

Next, the research team invests in equity securities, which include common stocks, preferred stocks, real estate investment trusts, master limited partnerships and convertible securities.

The team favors growth companies within multiple industry groups.

In addition, the team seeks to purchase dividend-paying and non-dividend-paying common stocks that demonstrate excellent performance characteristics.

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

From time to time, the fund may focus its investments in a particular sector, such as the information technology or financials sector.

The fund may also invest up to 30% of its net assets in securities of foreign issuers.

Additionally, the fund may invest up to 25% of its net assets in securities of foreign issuers located in emerging markets.

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.

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 across various sectors that can deliver consistently superior earnings growth, free cash flow growth and above average return on equity.

In addition, the team favors companies with a track record of growth.

The team believes companies with such a history typically have a proprietary product or business approach that allows them to be leaders within their respective industries.

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 25% of its net assets in foreign securities, including ADRs.