The fund seeks capital appreciation by investing in companies across any size 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 strategy employs a multiple portfolio manager structure, which means the fund’s several components are managed separately using different investment styles. Each component sleeve has a distinct investment philosophy and analytical process to identify specific securities for purchase or sale.

The sub-adviser constructs a diversified portfolio that represents a wide range of investment philosophies, companies, industries and market capitalizations.

Based on market or economic conditions, the fund may, through its stock selection process, focus in one or more sectors of the market.

The fund may invest in securities of any market capitalization, but tends to focus on medium and large companies.

The fund may invest up to 25% of its net assets in securities of foreign issuers, including companies that conduct their principal business activities in emerging markets.

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

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

The fund manages assets with the help of two sub-advisers namely Wellington Management Company LLP, and Schroder Investment Management North America Inc.

Each sub-adviser manages its segment of the fund’s assets to correspond with its distinct investment style and strategy.

The fund’s sub-sub-adviser is Schroder Investment Management North America Limited.

The sub-advisers’ 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 U.S. and foreign issuers, including non-dollar securities and securities of emerging market issuers.

The team focuses on securities of issuers that seek opportunities to address or benefit from climate change, which include companies classified as promoting clean and/or efficient energy, sustainable transportation, water and/or resource management.

In addition, the team favors companies exhibiting low-carbon leadership and businesses that service such companies.

Wellington seeks to identify attractive companies that address environmental challenges and/or seek to improve the efficiency of resource consumption.

Schroder focuses on companies that have already recognized threats posed by climate change and form part of the solution to problems arising from climate change.

Also, Schroder prefers companies that seek to benefit from efforts to accommodate or limit the impact of global climate change.

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 generally does not invest in major fossil fuel companies.

The fund seeks capital appreciation by investing in large-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 uses a proprietary screening tool to identify investable opportunities.

The fundamental research focuses on companies with sustainable competitive advantages, key profit drivers, and cash generation capacity.

Next, the research team emphasizes companies with improving quality metrics, business momentum and attractive relative valuations.

The portfolio is broadly diversified by industry and company and the fund may invest in a broad range of market capitalizations.

The fund seeks a high level of current income and capital appreciation by investing in mega-and large-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.

Next, the research team invests in equity securities that demonstrate above average dividend yields with the potential for capital appreciation.

The team typically focuses on dividend paying equity securities of well-established companies.

As part of the process, the team evaluates a company’s ability to sustain and potentially increase its dividend payments.

The team also assesses a company’s business environment, management quality, balance sheet, income statement, anticipated earnings, revenues and dividends.

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.

Based on market or economic conditions, the fund may focus in one or more sectors of the market.

The fund may invest up to 20% of its net assets in securities of foreign issuers and non-dollar securities.

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 securities of companies in emerging markets.

The team invests in securities of companies that conduct their principal business activities in emerging markets or whose securities are traded principally on exchanges in emerging markets.

According to the team, emerging markets are those markets included in emerging market or equivalent classifications by the United Nations (and its agencies);, or having per capita income in the low to middle ranges, as determined by the World Bank; or the fund’s benchmark index provider designates as emerging.

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 have a track record of driving market returns.

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 will be broadly diversified across countries, sectors and industries represented in the benchmark index.

However, there is no limit on the amount of the fund’s net assets that may be invested in each country.

Also, the fund may invest in securities of foreign issuers in the form of depositary receipts or other securities that are convertible into securities of foreign issuers.

The fund seeks a high level of current income and capital appreciation by investing in mega-and large-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.

Next, the research team invests in equity securities that demonstrate above average yields, below average valuations and the potential for dividend increases in the future.

The team focuses on companies that pay a dividend or estimated to pay a dividend within the next 12 months.

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.

Based on market or economic conditions, the fund may focus in one or more sectors of the market.

The fund may invest up to 20% of its net assets in securities of foreign issuers and non-dollar securities.

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 issuers located throughout the world, including non-dollar securities and securities of emerging market issuers.

The team focuses on securities of issuers that meet its impact investing criteria.

According to the team, companies that focus their operations in areas that are likely to address major social and environmental challenges meet its impact investing criteria.

The research process is driven by fundamental analysis of one stock at a time.

Next, the team relies on fundamental analysis to identify attractive investments across economic sectors within both developed and emerging countries.

As part of its fundamental analysis, the team evaluates a company’s industry structure, asset quality, business environment, management quality, balance sheet, income statement, anticipated earnings, growth prospects, revenues and dividends.

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 will invest at least 40% of its net assets in foreign securities of at least three different countries outside the United States.

However, during periods of unfavorable market conditions, the fund may invest at least 30% of its net assets in foreign securities.

Investments are deemed to be foreign if an issuer’s domicile or location of headquarters is in a foreign country, or an issuer derives a significant proportion of its revenues or profits from goods produced or sold, investments made, or services performed in a foreign country or has at least 50% of its assets situated in a foreign country.

Also, investments are deemed to be foreign if the principal trading market for a security is located in a foreign country; or it is a foreign currency.

In addition, the fund excludes companies engaged in businesses: such as tobacco, firearms, defense, nuclear, coal, petroleum, alcohol, adult entertainment and gambling.

The fund may also invest in depositary receipts or other securities that are convertible into securities of foreign issuers and could, at times hold a portion of its assets in cash.

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

The sub-adviser’s investment process is designed to highlight companies in the benchmark index that demonstrate long-term growth potential.

In selecting securities for the portfolio, the research team utilizes fundamental analysis to identify companies with accelerating operating characteristics.

Then the team constructs a diversified portfolio that represents a wide range of industries, companies, and market capitalizations.

In addition, the fund may focus in one or more sectors based on market or economic conditions.

The fund may invest in securities of any market capitalization, but tends to focus on medium and large companies.

The fund may invest up to 25% of its net assets in securities of foreign issuers.

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 health care-related companies worldwide.

The team focuses on health-related companies, including companies in the pharmaceuticals, biotechnology, medical delivery, medical products, medical services, managed health care, health information services and emerging health-related subsectors.

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 will invest at least 25% of its net assets, in industries such as pharmaceuticals and biotechnology, medical products and health services.

Also, the fund will invest in securities of issuers located in a number of different countries throughout the world, including the United States.

However, the fund has no limit on the amount of assets that may be invested in each country.

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.

According to the investment team, investments are deemed to be foreign if an issuer’s domicile or location of headquarters is in a foreign country.

The team also considers an issuer that derives a significant proportion of its revenues or profits from goods produced or sold, investments made, or services performed in a foreign country or has at least 50% of its assets situated in a foreign country.

Also, investments are deemed to be foreign if the principal trading market for a security is located in a foreign country; or it is a foreign currency.

Next, the research team focuses on foreign equity securities.

The team employs a multiple sleeve structure to select potential securities for the portfolio. Each of these sleeves is managed independently of each other.

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.

Additionally, the manager also may allocate a portion of the fund’s assets in securities that may complement the risk factor biases of the other sleeves.

The fund seeks capital appreciation 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 securities, including non-dollar securities, of foreign issuers.

The team focuses on companies that are globally competitive and demonstrate growth potential.

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 diversifies its investments among a number of different sectors and countries throughout the world, with no limit on the amount of assets that may be invested in each sector or country.

Additionally, the fund may invest in securities of companies that conduct their principal business activities in emerging markets or whose securities are traded principally on exchanges in emerging markets as a percentage of its net assets up to the greater of: 30% or the weight of emerging markets in the Index plus 15%.

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 securities, including non-dollar securities, of foreign issuers.

The team also focuses on underappreciated companies, improving return on capital, and securities that are lagging in market price for temporary reasons.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team evaluates a company’s business environment, management quality, balance sheet, income statement, anticipated earnings, revenues and dividends.

In addition, 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 diversifies its investments among a number of different countries throughout the world, with no limit on the amount of assets that may be invested in each country.

Also, the fund may invest in companies domiciled in emerging markets as a percentage of its net assets up to the greater of 25% or the weight of emerging markets in the Index plus 10%.

Based on market or economic conditions, the fund may focus in one or more sectors of the market.

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

The fund seeks total return 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 securities of foreign issuers, including non-dollar securities and securities of emerging market issuers.

The team relies on fundamental analysis to screen for companies that appear inexpensive on the basis of price, valuation and/or market expectations.

Additionally, the team focuses on companies that are estimated to trade below their fair values.

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 among a number of different sectors and countries throughout the world with no limit on the amount of assets that may be invested in any one sector or country.

Also, the fund may invest up to 25% of its net assets in issuers that conduct their principal business activities in emerging markets or whose securities are traded principally on exchanges in emerging markets.

In addition, based on market or economic conditions, the fund may focus in one or more sectors of the market.

The fund seeks capital return by investing in mid-size companies in the United States.

The sub advisor’s investment process starts with companies in the benchmark index. The research team then narrows down the list of companies using quantitative research and fundamental analysis to a list of companies that meet earnings, growth, and return on investment hurdles.

Next, the research team using qualitative analysis identifies companies with leadership position within an industry and highlights strong management team.

The fund favors companies with high quality, market leadership and earnings durability.

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 starts with companies in the benchmark index. The research team looks for underpriced companies in the marketplace that are out of favor with investors.

The research team then with the help of qualitative analysis reviews market or economic conditions. The team also employs a bottom-up stock selection process to focus in one or more sectors of the market.

The fund may invest up to 20% of its net assets in securities of foreign issuers and non-dollar securities.

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

The sub-adviser’s investment process highlights companies that it believes are undervalued market leaders, and industries with improving supply/demand trends.

The process also focuses on companies that may be out of favor with less downside risk.

Next, the research team with the help of fundamental analysis emphasizes high-quality companies that pay dividends and are aligned with shareholders’ interests. The team also considers companies with improving or sustainable operating characteristics.

Then the Investment team allocates capital to a portfolio of stocks that are favored by the research team and consistent with risk guidelines.

The fund’s portfolio is broadly diversified by company and industry. However, the fund may, through its normal stock selection process, focus in one or more sectors of the market.

The fund may invest in a broad range of market capitalizations, but tends to focus on large capitalization companies similar to the benchmark index.

The fund seeks capital appreciation 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.

The fund’s sub-sub-adviser is Schroder Investment Management North America Limited.

Next, the research team focuses on securities of emerging market companies.

The team considers emerging market companies to be issuers listed or domiciled in, deriving a substantial portion of their revenues from, or having a substantial portion of their assets in emerging markets.

Emerging markets are those markets included in emerging market or equivalent classifications by the United Nations (and its agencies), or having per capita income in the low to middle ranges, as determined by the World Bank, or the fund’s benchmark index provider designates as emerging.

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 demonstrating potential for above average earnings growth, attractive relative valuation, and proprietary advantages.

In addition, 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 seeks to allocate the fund’s investments among a number of different emerging market countries.

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 non-U.S. issuers that offer attractive valuations.

According to the investment team, an issuer is said to be located in a country if it is organized under the laws of and its equity securities are principally traded in that country.

The team also considers an issuer that is domiciled or has its principal place of business located in and its equity securities are principally traded in that country.

Lastly, the team determines that the issuer has more than 50% of its assets in, or derives more than 50% of its revenues from, that country.

The team employs a proprietary quantitative investment analysis to identify companies generating high returns historically.

Then the team evaluates companies on the basis of valuation metrics such as dividends, cash-flow, earnings, sales and asset-based measures.

Additionally, the team narrows the investable universe to a list of high quality companies utilizing factors such as profitability, stability, financial strength, and management quality.

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 a variety of countries throughout the world including emerging market countries and may, from time to time, invest more than 25% of its net assets in any one country or group of countries.

In addition, the fund does not generally invest in major thermal coal companies or with a high level of thermal coal reserves.

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 non-U.S. issuers that exhibit capital growth potential.

According to the investment team, an issuer is said to be located in a country if it is organized under the laws of that country and is principally traded in that country.

The team also considers an issuer that is domiciled and has its principal place of business located in that country and is principally traded in that country.

Lastly, the team determines if the issuer has more than 50% of its assets in, or derives more than 50% of its revenues from, that country.

The team assesses a company’s potential for above average earnings growth, relative valuation, and whether a company has proprietary advantages.

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.

Also, the fund may invest in companies domiciled in emerging markets as a percentage of its net assets up to the greater of 25% or the weight of emerging markets in the Index plus 10%.

The fund seeks capital appreciation 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.

Next, the research team invests in securities that offer the potential for capital appreciation based on novel, superior, or niche products or services; sound operating characteristics; quality of management; an entrepreneurial management team; and opportunities provided by mergers, divestitures, or new 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.

Based on market or economic conditions, the fund may focus in one or more sectors of the market.
 

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

The sub-adviser’s investment process highlights companies with the potential for capital growth included in its benchmark. The research team with the help of financial screens and quantitative processes identifies companies with proven business models, strong management teams, and attractive valuation levels.

The team then narrows the investable universe based on niche products; quality of management; opportunities provided by mergers, divestitures, or new management; or other factors.

The investment team also considers environmental, social and governance (ESG) factors when assessing investment opportunities. The sub-advisor believes ESG assessment as an important consideration in determining the weights of securities within the portfolio.    

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

The sub-adviser’s investment process is designed to identify companies in the benchmark index that are trading at attractive valuation to their peers and history.

Next, the investment team with the help of quantitative and qualitative research narrows the investable list to include companies that are estimated to grow at attractive rates in the long term.

The fund favors high quality companies with financial strength that are trading at attractive valuations. The bottom-up stock selection drives portfolio construction and at times may lead to concentration in one or more sectors.

The fund seeks capital appreciation 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.

Next, the research team invests in securities of companies that exhibit the potential for capital appreciation.

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 20% of its net assets in securities of foreign issuers and non-dollar securities, and may trade securities actively.

Based on market or economic conditions, the fund may focus in one or more sectors of the market.

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.

Next, the research team invests in securities of companies that exhibit superior growth potential.

In addition, the team favors companies with improving quality metrics, business momentum and attractive relative valuations.

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.

Based on market or economic conditions, the fund may focus in one or more sectors of the market.