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

The sub-adviser’s investment process is designed to highlight companies exhibiting above average earnings growth potential at attractive valuations relative to their growth prospects.

Next, the research team looks for companies that demonstrate superior absolute and relative earnings and sales growth, improving sales momentum and high levels of unit growth, improving profitability and strong balance sheets.

The team also visits companies and has discussions with company management.

In addition, the team focuses on companies that it believes have strong market position with a defensible franchise, unique marketing competence, strong research and development leading to superior new product flow, and capable and disciplined management.

The fund has the flexibility to invest up to 20% of its net assets in the securities of foreign issuers.

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

The investment process starts with a list of companies in the benchmark index and narrows the list to include companies trading at attractive discount to their estimated fair values. The team then reviews select companies for environmental, social and governance factors.  

The research team then evaluates one company at a time and identifies companies with attractive business fundamentals, financial strength, experienced management team, market leadership, superior return on invested capital and operating margin.

Next, the team assesses a company’s cash flow return on enterprise value, valuation multiples on the basis of earnings, sales and free cash flow and break-up values.

The sub-adviser looks for near-term catalysts to unlock value such as productive use of strong free cash flow, restructuring and/or productivity gains, change in management or control, innovative, competitively superior products, and accretive acquisitions or divestitures.

The investment team constructs a diversified portfolio of 35 to 45 companies using risk guidelines and capital allocation discipline from a list recommended by the research team.

The fund may invest up to 20% of its total assets in the securities of foreign issuers, including issuers located or doing business in emerging markets. 

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

The sub-advisor’s investment process begins with companies in the benchmark index with market capitalization below $15 billion. The research team then narrows down the list of companies using bottom-up research and fundamental analysis to identify growth businesses.

Next, the research team identifies companies with strong earnings growth, improving operating trends, a superior management team, and attractive relative value.

The fund has the flexibility to invest up to 25% of its net assets in foreign companies.

The fund seeks total return in the long term by investing in mid-size companies in the United States.

The sub advisor’s investment process starts with companies in the benchmark index that are undervalued but are likely to reaccelerate earnings growth.

The research team using quantitative techniques and fundamental analysis identifies companies that exhibit low price-to-cash flow or low price-to-earnings ratios.

The team also evaluates price performance of the stock in the past and present.

The investment process is designed to highlight companies that are out of favor with investors and trading at a deep discount to estimated value.

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

The sub-adviser’s 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 that exhibit accelerating earnings growth, balance sheet strength, and attractive valuations.

In addition, the team prefers companies with superior management teams, significant insider ownership, unique market positions and broad market opportunities, solid financial controls and accounting processes.

The team also has personal interviews and other contact with company 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 portfolio holds approximately 60 to 80 companies.
 

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

The sub-advisor’s investment process is designed to identify companies that appear to be undervalued in relation to the company’s long-term growth fundamentals.

Next, the research team focuses on companies that display accelerated returns on capital growth outlook and are trading at a discount to their fair value.

In addition, the team uses fundamental analysis to identify growth businesses with a sustainable competitive advantage.

The concentrated portfolio holds approximately 30 to 50 stocks spread across a number of industries/sectors.

The fund may purchase securities of companies engaged in initial public offerings.

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

The sub-adviser’s 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 located anywhere in the world, including in developed and emerging markets.

The team focuses on companies that are capable of generating durable, above-average, and relatively stable rates of earnings per share growth and superior free cash flows.

Also, the team prefers companies that are leaders in their country, industry, or globally in terms of products, services, or execution.

In selecting securities for the portfolio, the research team focuses on companies that exhibit leadership position in a promising business space, significant competitive advantages, clear mission and value-added focus, financial strength; and rational valuation relative to the market and business prospects.

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 may invest in at least three countries, including the United States, and invest at least 40% of its assets in foreign companies.

In addition, the fund may invest up to the greater of 30% of its net assets in securities of companies located in emerging markets.

The fund may also purchase American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts.

The fund has the flexibility to invest across all market capitalizations, but will primarily invest in large and mid-capitalization companies.

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

The sub-adviser’s 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 foreign companies located in, or economically tied to, any country or region outside of the United States, including developed foreign and emerging markets.

The team looks for companies with above-average growth potential relative to peers.

In addition, the team emphasizes companies that generate superior profit margins and returns on invested capital.

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 durable competitive advantages, and management teams that are capable of capitalizing on the opportunities available to them.

Also, the research team favors companies that are estimated to trade below their fair values.

Additionally, 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 normally invests in at least three different countries outside of the United States.

Also, the fund may invest in securities denominated in, and/or receiving revenues in, foreign currencies.
 

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

The sub-adviser’s 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 foreign companies.

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 valuations, while taking into account macroeconomic considerations.

In addition, the team also evaluates the corporate governance framework of companies.

Also, the team narrows the investable universe to a list of companies on the basis of dividend yield as well as valuation multiples such as book value and earnings.

The team also prefers companies with balance sheet strength and undervalued business models.

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 invest in one or more sectors, geographic regions and/or countries.

Additionally, up to 15% of the fund’s net assets may be invested in emerging market companies.

The fund also may invest in American Depositary Receipts, European Depositary Receipts, and Global Depository Receipts.

Also, the fund may invest in securities denominated in, and/or receiving revenues in, foreign currencies.

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

The sub-adviser’s 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 diversified portfolio of non-U.S. securities.

In selecting securities for the portfolio, the team relies on quantitative factors, such as valuation, earnings, quality, price patterns, economic data, and risk.

Additionally, 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 primarily in the stocks of foreign companies located in developed markets, but may also invest up to 15%of the fund’s net assets in the securities of companies located in emerging markets. 

The fund also may invest in American Depositary Receipts, European Depositary Receipts, and Global Depository Receipts.

Also, the fund may invest in securities denominated in, and/or receiving revenues in, foreign currencies.
 

The fund seeks total return including long-term capital appreciation and dividend income by investing in small-size companies in the United States.

The investment process is designed to highlight companies in the benchmark index that are trading below their estimated long term values.

The research team using qualitative analysis evaluates companies for size, quality and durability of earnings and cash flow. The team then separates companies that are exhibiting financial strength and capacity to realize their long term earnings outlook.

The team focuses on one company at a time and determines its place in the portfolio based on the combination of value, growth outlook and financial strength.

The investment process also integrates environmental, social and governance factors and also lets its stock selection drive sector weights. Fund also relies on statistical techniques in managing certain risks in relation to its benchmark index.