The fund seeks income and 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 invests in dividend-paying equities.

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, from time to time, have a greater exposure to higher dividend-yield sectors and industries than the broader equity market.

Also, the fund may invest up to 25% of its net assets in foreign equity securities.

The fund may also invest in foreign securities that are represented in the United States securities markets by American Depositary Receipts or similar depository arrangements.

Additionally, the fund may invest up to 25% of its net assets in MLPs.
 

The fund seeks capital appreciation in the long term by investing in companies across sany 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 a globally-diversified portfolio of securities.

The team focuses on securities of well-established companies with large market capitalizations as well as small, unseasoned companies.

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 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.

Also, the fund relies on a top-down approach of diversification by company, industry, sector, country and currency and focusing on macro-level investment themes.

The fund seeks capital appreciation in the long term by investing in mid-and large-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.

Then the research team focuses on companies that offer the best opportunities for growth.

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

Then the manager constructs an actively managed portfolio of higher growth companies that provide attractive returns.

The manager utilizes a top-down approach of diversification by company, industry, sector, country and currency and focusing on macro-level investment themes.

Additionally, the fund may invest up to 25% of its net assets in issuers of foreign securities, including American 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 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 high current income 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 utilizes a market neutral strategy whereby it seeks to achieve maximum current income while maintaining a low correlation to the fluctuations of the U.S. equity market as a whole.

The team invests in equities, convertible securities, and employs short selling and enters into total return swaps to enhance income and hedge against market risk.

In selecting securities for the portfolio, the research team employs a top-down approach of diversification by company, industry, sector, country and currency and focusing on macro-level investment themes.

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 seek to generate income from option premiums by writing (selling) options.

In addition, the fund may also purchase put options on individual securities, broad-based securities indexes (such as the S&P 500), or ETFs.

The fund may invest without limit in high yield fixed-income securities.

Additionally, the fund may also invest in ETFs.

The fund seeks superior risk-adjusted and absolute returns 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 globally in common stock and American Depositary Receipts that operate in the knowledge-based sectors such as technology, communications and media, as well as financial services and healthcare, and also, exchange-traded funds, that track or otherwise provide exposure to such sectors.

The team also considers investing in other sectors if, long and short exposures have favorable potential for contributing value.

In addition, the team incorporates a blend of top-down and bottom-up considerations.

The team also assesses corporate and economic fundamentals.

Also, the team has the flexibility to utilize all investment styles depending upon a company's business model, prevailing market conditions and the economic cycle.

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 believes that flexible asset allocation across the global equity universe, with less emphasis upon the traditional role of benchmarks, provides the potential for excess returns.

The fund may also utilize derivative instruments to attempt to both increase the return of the fund and hedge (protect) the value of the fund's assets.

The fund may also invest in cash and cash equivalents.

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

The investment process relies on fundamental research to identify companies that are estimated to trade below their fair values.

Next, the research team calculates intrinsic value as the present value of the company’s future free cash flow.

The team also considers a company’s financial health, and predictions of earnings and cash flow and management team capabilities.

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 manager seeks diversification by company, industry, sector, country and currency and focusing on macro-level investment themes.

The portfolio holds 50 to 70 stocks that seek to outperform the benchmark index over market cycles.

The fund also invests across investment styles, and may invest up to 25% of its net assets in securities of foreign issuers, including American Depositary Receipts.