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 favors securities of issuers who are economically tied to an emerging market country.
The team considers emerging market countries to include most Asian, Eastern European, African, Middle Eastern and Latin American nations, including, but not limited to, China, Hong Kong, India, Indonesia, Korea, Malaysia, Philippines, Taiwan, and Thailand.
Also, other emerging market countries include Bangladesh, Pakistan, Sri Lanka, Vietnam, Czech Republic, Poland, Greece, Turkey, Russia, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, Egypt, South Africa, Kenya, Nigeria, Argentina, Brazil, Chile, Colombia, Mexico and Peru.
Additionally, the team considers an issuer to be economically tied to an emerging market country if the company is organized under the laws of an emerging market country or has its principal office in an emerging market country.
Other factors in consideration would be if at the time of investment, the company derived a significant portion of its total revenues during its most recently completed fiscal year from business activities in an emerging market country.
Also, if at the time of investment, the company’s equity securities are traded principally on stock exchanges or over-the-counter markets in an emerging market country.
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 are trading at discounts to their estimated intrinsic value.
In addition, the team evaluates a company’s business model including its revenue and cost model, the durability of its competitive advantages, and the company’s industry structure and competitive landscape.
This process also incorporates a discounted cash flow model, historical valuation analysis, and peer group 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 fund may invest in exchange-traded funds, including long-only ETFs, ETFs that may enter into short sales and inverse ETFs.
The fund seeks capital appreciation 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 that have excellent long-term fundamentals, superior capital appreciation potential and attractive valuations.
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 are trading at a discount to their estimated intrinsic 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 seeks capital appreciation 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 invests in companies that have excellent long-term fundamentals, superior capital appreciation potential and attractive valuations.
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 are trading at discounts to their estimated intrinsic 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.
