The fund seeks capital appreciation in the long term and income by investing in mid-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 focuses on companies that are estimated to trade below their fair values for temporary reasons but have long-term growth potential.
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 the underlying financial condition and prospects of individual companies, including future earnings, cash flow, and dividends.
Other factors in consideration would be financial strength, economic condition, competitive advantage, quality of the business franchise, and competence of a company’s management team.
The team also considers the economic and political stability of the country where the issuer is located and the protections provided to shareholders.
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 securities issued by companies from at least three different countries, which may include emerging market countries.
Also, the fund will invest at least 40% of its net assets in securities of non-U.S. companies.
The fund may enter into currency forward contracts, currency swaps, or currency futures contracts to hedge direct and/or indirect foreign currency exposure.
The fund invests primarily in a diversified portfolio of securities issued by companies from at least three different countries, including emerging market countries.
The fund seeks growth of principal and income in the long term by investing in mid-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 focuses on securities of non-U.S. companies from at least three different countries, including emerging market countries.
The team prefers companies that are estimated to trade below their fair values for temporary reasons but have the potential to increase market price over time.
In addition, the team also assesses a company’s underlying financial condition such as future earnings, cash flow, and dividends.
Other factors in consideration are a company’s financial strength, economic condition, competitive advantage, quality of the business franchise, and whether the companies are operated with proven management teams.
Also, the team considers the economic and political stability of the country where the issuer is located and the protections provided to shareholders.
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.
However, the fund is not required to allocate its investments in set percentages in particular countries and may invest in emerging markets without limit.
The fund seeks primarily growth of principal and income and secondarily reasonable current income by investing in mid-and large-size companies in the United States.
The investment process is designed to highlight undervalued companies that may be out of favor for temporary reasons but have good prospects for long-term growth.
The research team starts with a list of companies in the benchmark index and focuses on the underlying financial condition and prospects of individual companies, including future earnings, cash flow, and dividends.
As part of its due diligence process, the team also evaluates factors such as financial strength, economic condition, competitive advantage, quality of the business franchise, and management capability.
Next, the research also considers the economic and political stability of the country where the issuer is located and the protections provided to shareholders.
Finally, the fund manager constructs a diversified fund relying on the recommendations of the research team and allocates capital that meets risk guidelines set by the investment committee.
