The fund seeks capital appreciation in the long term by investing in 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 invests in securities of companies organized in, having a majority of their assets in, or deriving a majority of their operating income from, emerging countries.
The team considers an emerging country to be any country that is generally recognized to be an emerging or developing country by the international financial community, including the World Bank and the International Finance Corporation, as well as countries that are classified by the United Nations as developing.
In addition, any country that is included in the International Finance Corporation Free Index or MSCI Emerging Markets Index will be considered to be an emerging country.
Almost every nation in the world is included within this group of developing or emerging countries except the US, Canada, Japan, Australia, New Zealand, and nations located in Western Europe.
The team seeks to invest in emerging countries where it believes there is economic growth and the markets are becoming more sophisticated.
Other factors in consideration for the team to invest in emerging countries would be economic conditions, regulatory and currency controls, accounting standards, and political and social conditions.
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.
For temporary defensive purposes, the fund may invest all or a substantial portion of its net assets in high-quality debt instruments.
The fund may invest in securities issued in any currency and may hold foreign currency.
The fund seeks capital appreciation in the long term by investing in 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 invests in securities of companies organized in, having a majority of their assets in, or deriving a majority of their operating income from, emerging countries.
The team considers an emerging country to be any country that is generally recognized to be an emerging or developing country by the international financial community, including the World Bank and the International Finance Corporation, as well as countries that are classified by the United Nations as developing.
In addition, any country that is included in the International Finance Corporation Free Index or MSCI Emerging Markets Index will be considered to be an emerging country.
Almost every nation in the world is included within this group of developing or emerging countries except the US, Canada, Japan, Australia, New Zealand, and nations located in Western Europe.
The team seeks to invest in emerging countries where it believes there is economic growth and the markets are becoming more sophisticated.
Other factors in consideration for the team to invest in emerging countries would be economic conditions, regulatory and currency controls, accounting standards, and political and social conditions.
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.
For temporary defensive purposes, the fund may invest all or a substantial portion of its net assets in high-quality debt instruments.
The fund may invest in securities issued in any currency and may hold foreign currency.
