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

The sub-adviser’s investment process combines quantitative and fundamental techniques to identify investment opportunities.

Next, the research team focuses on companies that are undervalued or out of favor or misunderstood by investors.

The team seeks to identify undervalued companies relative to valuation multiples such as earnings, book value, or momentum and share change and quality.

In addition, the team employs an exclusive approach to avoid undervalued stocks that are unlikely to return to normal valuation.

The portfolio holds approximately 175 to 250 stocks and offers diversification across market sectors.

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

The sub-adviser’s investment process employs a proprietary quantitative model based on valuation, quality and market sentiment factors to identify investment opportunities.

In addition, the research team seeks to identify companies that meet relative valuation multiple hurdles based on earnings, or book value.

The team then narrows the investable universe by ranking companies exhibiting attractive valuation with a high multifactor score.

The process dynamically shifts between two value-based market models based on prevailing market conditions to attempt to capture excess returns and limit downside risk.

However, the fund may have significant positions in particular sectors from time to time.

The fund seeks capital appreciation by investing in U.S. companies.  

The investment process focuses on identifying companies for long-term investing that meet criteria of high growth in the near- and long-term.

The research team with the help of fundamental analysis and quantitative techniques identifies companies that are established with a proven track record of earnings and are exhibiting sustained high growth potential.

The companies with new or disruptive technologies, products or services and operated by capable management are attractive to investment teams.

The fund may invest in small or medium size companies that are attractive for their rapid growth and disruptive or innovative technologies. The fund may invest up to 25% of its total assets in foreign securities.

The fund seeks total return including current income by investing in U.S. companies across all market capitalizations.

The investment process starts with a list of companies in the benchmark index and the research team using quantitative research and fundamental analysis narrows the list for deeper evaluation.

Next, the team with the help of qualitative research identifies earnings and cash flow drivers, determines the long-term earnings outlook and analyzes the sustainability of business models.

The fund favors companies that trade at attractive prices compared to their intrinsic valuation with the presence of near-term catalysts for higher valuations. Companies with a track-record of dividend or are estimated to have the capacity to increase dividends are also attractive to the fund.

The fund normally invests in large-size companies but may also invest in small or medium size companies for more attractive value opportunities. In addition, the fund may invest up to 25% of its net assets equity securities of foreign companies.

The fund seeks capital appreciation by investing in U.S. companies.

The fund seeks to balance between portfolio risk and upside growth potential through a careful stock selection, position size allocation and deep research.

The fund prefers to invest in large-size and established companies with a proven track record of earnings with above-average growth, financial strength and effective management.

The fund also takes a closer look at companies that are exhibiting strong or improving fundamentals.

The fund seeks to appreciate capital and earn current income by investing in U.S. companies with a long history of paying and increasing dividend.

The investment team is looking to invest in high quality companies with a proven track record of earnings and financial strength and shareholder friendly management willing to share in the form of dividend.

The team focuses on companies with a track record of dividend and earnings capacity to increase dividend in future. The team also looks for companies with earnings power and asset valuations that are not fully reflected in the current stock prices.

The team may invest in companies that are likely to initiate dividend in the next one or two years.

The fund seeks income and 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 invests in securities i issued by companies that are engaged in the infrastructure business and other investments with similar economic characteristics.

The team considers companies to be engaged in the infrastructure business if at least 50% or more of their assets, income, sales or profits are committed to, derived from or related to, the construction, renovation, ownership, development, financing, management or operation of infrastructure assets or the provision of raw materials necessary for the construction and maintenance of infrastructure assets.

Infrastructure assets include physical structures, networks, developments and projects that communities and economies require to function and grow, including transportation-related infrastructure, energy-related infrastructure, water and sewage infrastructure, communications infrastructure, and social services-related infrastructure and other resources and services necessary for the construction and maintenance of infrastructure assets.

In selecting securities for the portfolio, the research team focuses on companies with sustainable cash flows over the .long term.

The team also focuses on companies that are attractively valued relative to other companies in the same industry or market.

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 30 to 60 holdings.

The fund may invest a significant portion of its net assets in foreign securities.

Also, the fund will invest in assets that are tied economically to a minimum of three countries (which may include the United States).

Additionally, the fund will invest a substantial portion (at least 40%, unless market conditions are deemed to be unfavorable, in which case at least 30%) of its assets in investments tied economically to countries outside of the United States.

The fund may invest up to 20% of its  net assets in securities of companies located in countries with developing or emerging markets.
 

The fund seeks capital appreciation by investing in international companies outside the United States.

The investment process is designed to identify companies with a track record of earnings, established market leadership and are estimated to sustain above-average earnings growth.  

The investment team favors companies with low stock prices in relation to their above-average earnings growth. The fund also focuses on selecting one company at a time and not being guided by predetermined sector or industry allocation limits.  

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 looks for companies that are estimated to trade below their fair values but have 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 invests in developed and emerging countries.

In addition, the fund may focus a significant portion of its investments in one or more countries from time to time.

The fund seeks total return 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 looks to invest in companies, in both developed and emerging market countries.

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 diversified portfolio holds securities of foreign companies, and seeks geographical diversification by region and country.
 

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

The sub advisor’s investment process starts with a list of companies in the benchmark index and the research team uses quantitative techniques and fundamental analysis to identify investment opportunities.

The research team employs bottom-up analysis to identify companies that have the potential to grow market share and earnings in the U.S. and overseas.

The team focuses on companies that are dominant in their industries due to product, distribution or service strength.

Next, the team ranks the companies on the basis of management, strategy and competitive market position.

The fund favors companies offering the best values among the growth companies identified. 

The fund seeks primarily capital appreciation and secondarily current income in the long term 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 quantitative and qualitative analyses to identify companies with strong franchises and favorable valuations.

The team also focuses on companies with favorable valuations and the potential to generate superior returns across a range of market scenarios.

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

The investment process starts with companies in the benchmark index and the research team narrows the list to focus on companies with superior growth characteristics.

Next, the team builds a portfolio with a strong focus on risk management and holds investments for a longer term.

The fund may invest up to 20% of its assets in companies other than medium capitalization companies and also 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 mid-size companies in the United States.

The sub-advisor’s investment process starts with companies in the benchmark index. The research team with the help of quantitative process highlights companies with solid free cash flow and balance sheets. Next, the team identifies companies with attractive valuations and management with a track record of capital allocation discipline.

The fund favors companies with attractive valuations and above-average long-term growth outlook.

The research team employs proprietary fundamental research techniques to narrow down the list of investable companies. The team favors companies that exhibit growth prospects over time.

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

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 focuses on securities of companies that experience especial situations.

The team defines special situations as companies undergoing unusual or possibly one-time developments that make them attractive for investment.

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.

However, the fund will not invest more than20% of its net assets insecurities of companies that are involved in reorganizations or restructurings in connection with bankruptcy proceedings.

The fund may invest up to 20%of its net assets in equity securities of companies with larger market capitalizations.

Additionally, the fund may invest in foreign equity securities, including securities of emerging market issuers.

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 with proven management teams, good multi-year growth prospects, growing demand, dominant positions and superior or improving financial profiles.

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 gains by investing in small-size companies in the United States.

The fund starts with a list of companies in the benchmark index or market capitalization less than $3 billion. The research team then narrows the investable list to companies that exceed the hurdles for growth, size and quality of earnings.

The team then applies qualitative research and additional fundamental analysis in identifying companies with durable earnings and sustainable business models. The team pays a close attention to the size and stream of free cash flow that could be available to management to finance future growth.

The fund is diversified across industries and sectors to manage risk and emphasizes individual security selection to deliver performance.

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

The sub-adviser’s investment process is designed to identify high-quality companies with sustainable competitive advantages. The process focuses on high returns on capital, balance sheet strength, and management’s ability to allocate capital efficiently.

The research team also evaluates a company’s industry dynamics, strength of the business model and management skill.

Next, the team also employs valuation techniques like discounted cash flow analysis, multiple comparisons, and scenario analysis.

In addition, the team also considers companies that practice environmental stewardship, treat their employees fairly, manage its supply chain responsibly and employ corporate governance practices that are transparent and shareholder-friendly.

The team narrows the investable universe to a list of companies with strong environmental, social and governance profiles. The sub-adviser may also identify potential investments in companies that have attractive early leadership qualities.

The ESG criteria and sustainability evaluation is fully integrated into the overall security selection research.

The fund may also invest in companies that offer product and services that have a positive impact on society. However, the fund may not invest in companies with significant direct involvement in extraction of fossil fuels and mining.

The fund seeks primarily to generate high current income and secondarily 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.

Next, the research team invests in equity and equity-related securities, including common stocks, preferred stocks, convertible preferred stocks and other securities convertible into equity securities, master limited partnerships, real estate investment trusts, closed- end investment companies, including business development companies, and royalty trusts.

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 fixed income securities of any credit quality, including securities rated below investment grade.
 

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

The investment process is designed to highlight companies that are trading at a discount to their estimated intrinsic value.

Next, the research team calculates intrinsic value on the basis of a company’s forecasted future free cash flow, returns on capital capability, and private market value, and the costs to replicate the business.

The research team looks for companies with superior valuation, high active share, and a long-term investment horizon.

Then the manager constructs a concentrated portfolio from a list of companies in the benchmark index favored by the research team and allocates capital based on its conviction level.

The manager prefers companies with consistent fundamentals in varying market cycles.

The fund may invest in foreign securities, including securities of emerging market 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 issuers with substantial economic ties to one or more emerging market countries and other investments with similar economic characteristics.

Emerging market countries are predominantly found in regions including Asia, the Indian subcontinent, South and Central America, the Middle and Near East, Eastern and Central Europe and Africa.

The team prefers focuses on companies that are trading at significant discounts to their estimated intrinsic value.

In addition, the team evaluates companies on the basis of valuation, financial strength, competitive position in its industry, projected future earnings, cash flows and dividends.

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 more than 25% of its net assets in the securities of issuers located in a single country or a limited number of countries.

However, the fund will always be invested in or have exposure to no less than three different emerging market countries.

The fund may invest in securities denominated in foreign currencies or in U.S. dollars.

Also, the fund is non-diversified, which means it may invest a larger percentage of its assets in a smaller number of issuers than a diversified fund.

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 that are trading at reasonable valuations.

The team looks for companies that have a track record of offering high and sustainable returns on invested capital over time.

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 is highly concentrated with approximately20 to 40 holdings.

The fund is generally unconstrained by any particular sector, geography or market capitalization.

Additionally, the fund may invest in or have exposure to securities of companies located in at least three foreign countries.

The fund has the flexibility to invest without limit in securities of companies located in any foreign country, including countries with developed or emerging markets.

Also, the fund is non-diversified, which means it may invest a larger percentage of its assets in a smaller number of issuers than a diversified fund.

The fund seeks capital appreciation in the long term and income 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 that provide investment income, dividend payments or other distributions or in other investments with similar economic characteristics.

The team prefers companies that are estimated to pay dividends and exhibiting steady return characteristics.

In addition, the team emphasizes companies that offer a combination of attractive dividend yields, consistent dividend growth, a record of increasing dividends and the cash flow to support continued dividend growth and dividend payments.

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 identify securities that have superior risk-adjusted returns than the overall markets.

The fund invests in at least three countries, which may include the United States.

The fund can invest without limitation in foreign securities in any country, including countries with developed or emerging markets.

The fund seeks capital appreciation in the long term and dividend income 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 equity and equity-related securities.

The team evaluates companies on the basis of factors such as value, cash flow, earnings growth and sentiment.

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.

Region, country and sector allocations are based on rankings generated by the proprietary models.

Additionally, the fund seeks investment opportunities anywhere in the world, and invests in at least three countries, which may include the United States.

The fund may invest up to 25% of its net assets in emerging market issuers.

The fund seeks capital appreciation in the long term 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.

Next, the research team seeks positive returns by selecting both long and short positions in equity securities from anywhere in the world.

The team utilizes a systematic approach to select both long and short position sizes it believes will achieve overall market neutrality.

Also, the team purchases long equity securities that it believes are estimated to trade below their fair values and sells short equity securities that it believes are overvalued.

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 primarily in common stocks, preferred stocks, convertible securities, American depositary receipts, global depositary receipts, master limited partnerships, real estate investment trusts, and securities of other investment companies including exchange-traded funds.

Additionally, the fund will invest in or have exposure to at least three countries, which may include the United States.

The fund may invest without limit in securities in any country, including countries with developed or emerging markets.

Also, the fund may enter into various derivative transactions utilizing total return swaps, equity futures, options, warrants, and other similar investments.

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 evaluates stocks on the basis of factors such as value, cash flow, earnings growth and sentiment.

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 relies on rankings generated by proprietary models for region, country and sector allocations.

Additionally, the fund has the flexibility to invest up to 35% of its net assets in emerging markets.

The investment team considers an investment to be tied economically to a country if the issuer has a class of its securities whose principal securities market is in the country, or is organized under the laws of, or has a principal office in, the country.

Other considerations would be if the investment derives 50% or more of its total revenue or profit from goods produced, sales made or services provided in the country, or maintains 50% or more of its assets in the country.

Also, the fund is diversified across a broad range of regions and industry sectors.

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

The sub-adviser’s investment process is designed to outperform the benchmark index over a full market cycle of typically three to five years.

The process focuses on identifying stocks of growth companies that are trading at reasonable prices and companies that are trading at discounts to their intrinsic values.

Next, the research team uses a quantitative process to evaluate a company based on factors such as value, cash flow, earnings growth and sentiment.

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 equity securities of companies domiciled, or having their principal activities, in the United States, or other investments with similar economic characteristics.

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 also invest in securities of foreign companies in the form of American Depositary Receipts.