The fund’s objective is to long-term growth of capital and generate current income by primarily investing in U.S. companies.

The fund’s investments in equities securities include common stock, convertible preferred stocks and corporate debt securities - regardless of its ratings – that are convertible into common stocks.

The investment process starts with a list of companies with a track record of dividend payment. The research team then ranks companies on the quality and durability of the dividend and also identifies a list of companies with rising earnings and cash flows.

The high-yielding equity securities generally represent the core holdings of the fund and the fund may invest in low-yielding, higher growth securities if in the investment manager’s estimate such opportunities offer higher risk-reward profile.

The fund seeks to appreciate capital with low correlation to the U.S. stock market through long and short positions.

The investment process starts with companies in the benchmark Russell 1000 Index and takes long positions in companies that are expected to increase in value and short companies that are estimated to fall.

The long portion of the fund’s selection process is driven by identifying companies with established market presence, solid financial statements, and stable or improving earnings growth. The selected narrow list of companies are estimated to generate above-average earnings growth.

The short portion of the fund’s selection process is driven by identifying companies with market valuation that are ahead of company fundamentals and the stocks are likely to fall in the near future.

The fund uses long positions to generate capital gains and short positions to earn income and limit downside.

The fund seeks to generate long-term capital appreciation by investing in U.S. large-size companies regardless of the direction of the U.S. stock market benchmark.

 The fund attempts to generate capital gains by investing in companies that are expected to increase in value and limit downside by holding short positions in the companies that are estimated to fall. The fund invests only in companies that are included in the Russell 1000 Index.

The investment process is designed to select a list of companies based on multi-factor analysis and are expected to deliver the overall return of the stock market. The short positions are expected to deliver returns that are inverse of the overall stock market, and provide additional return related to the specific stocks sold short.

In the long run, the goal of the fund is to minimize the overall stock market exposure through combined long and short positions and produce net return through the stock selection process.

At any time, the fund’s net exposure to the stock market can range between -20% and 40%.

The fund seeks to appreciate capital and earn current income through investing in infrastructure companies in the U.S. and around the world.

The diversified fund invests in owners, developers, brokers, operators of utilities, transportation, communication and services providers including shipping, alternative energy, timber and steel and other resources providers for the construction and maintenance of these physical structures and networks. But, the fund does not own directly real estate.

The fund invests through equity securities of real estate trusts or companies around the world across all market capitalizations.

The investment process focuses on identifying companies with a high quality portfolio of real estate and analyzing development and completion track record.

The companies with a track record of rising cash flow and dividend, strong management and identifiable catalyst that could increase the value of the stock in less than two years are favored by investment managers.

The fund seeks to appreciate capital and earn current income through investing in the real estate industry in the U.S. and around the world.

The fund invests in owners, developers, brokers, operators and real estate linked pools of loans or mortgages. But, the fund does not own directly real estate. The fund invests through equity securities of real estate trusts or mortgage real estate trusts or hybrid trusts combining the two.

The investment process focuses on identifying companies with a high quality portfolio of real estate and analyzing track record of development of new real estate. The diversified fund invests across all sectors including industrial, commercial, residential, technology and healthcare and across all market caps and developed regions of the world.

The companies with a track record of rising cash flow and dividend, strong management and identifiable catalyst that could increase the value of the stock in less than two years are favored by investment managers.

The fund’s investment objective is to grow capital in the long-term through investing in companies outside the United States.

The investment process starts with a list of companies and countries in the benchmark Morgan Stanley Capital International EAFE (Europe, Australia, and Far East) Index. The research team then looks for financially strong companies with established market leadership and high return on capital. The team then also looks at the sustainability of the earnings growth and competitive outlook.

The fund allocates capital to a select list of stocks and industries considering macro-economic factors, regulatory trends and local or regional political climate.

The fund’s investment objective is to grow capital in the long-term through investing in large-size companies in the U.S.

The investment process starts with a list of companies with market capitalization higher than $5 billion. The research team then applies fundamental analysis, quantitative techniques and cash flow review and narrows the investable universe.

The team then separates companies in two groups. One group of companies that are generating above average earnings growth and return on capital and are benefitting from the long-term growth trends. Second group of companies with solid financial statements, established business models and attractive historic earnings trends but with stock prices lagging because of temporary reasons.

With the additional review, the list is narrowed to include only the companies with a near-term catalysts that could revalue higher the lagging stocks.

The fund seeks capital appreciation through investing in the mid-size companies in the U.S.

The investment process starts with a list of companies included in the benchmark Russell Midcap Index between market capitalization of $0.6 billion and $50 billion but the fund generally invests in companies with market capitalization between $5 billion and $20 billion.

The research team then ranks companies based on financial metrics and identify companies with above-average growth in earnings, return on capital and cash flow. These companies are evaluated more for the quality of management and durability of the growth profile.

The narrow list of companies are then evaluated for the long term valuation based on the expected long term growth and near term catalysts that could lead to revaluation of the stock higher.

The fund’s investment objective is to grow capital in the long-term.

The investment process starts with a list of companies included in the benchmark Russell Midcap Index. The research team then with the help of fundamental analysis and quantitative techniques identifies companies that are trading at a discount to their industry peers and are expected to deliver attractive long term growth.

The qualitative research looks for near-term catalysts that are likely to revalue stocks closer to their long term estimated valuations.

The fund’s objective is to generate total return including current income and dividend through investing in large-size companies around the world including the United States.

The investment process starts with a list of large-size companies in the U.S. and developed and emerging markets. Then the list is narrowed using earnings growth, dividend payment track record and long term growth projections.

The research team then applies qualitative analysis and identify a select list of companies that have a potential to initiate or increase dividend. The portfolio asset allocation to individual stock is based on the long-term reward and risk profile offered by each opportunity.

The fund has the flexibility to invest up to 20% of net assets in investment grade bonds of the U.S. government and corporations and 10% in non-investment grade bonds.

The fund seeks to appreciate capital through investing in large- and mid-size companies around the world including the U.S.

The fund starts with a list of companies in the benchmark index Morgan Stanley EAFE (Europe, Australasia and Far East) Index and then narrows the list based on size, quality and growth of earnings and cash flow. The research team then looks at each company’s long term earnings prospects and business fundamentals for long term growth.

The investment team takes a long-term view of the investment horizon regardless of interim fluctuations.

The fund has the flexibility to invest in developed markets outside the U.S. but limits 10% in emerging markets and 20% in the U.S.

The fund’s objective is to grow capital in the long-term through investing in large-size companies.

The investment process starts with a list of companies in the benchmark Russell 1000 Value Index. The research team then looks for companies with established market presence, solid financial statements and stable or improving earnings and cash flows.

The team then estimates the long term value of a select list of companies that meet financial and earnings criteria and compares with the current price in the stock market. The companies with near-term identifiable catalysts that could lift stocks prices near to long term estimated values are favored for the inclusion in the portfolio.

The fund generally invests in companies with market capitalization of more than $50 billion.

The fund’s objective is to grow capital in the long-term through investing in U.S. companies across all market capitalizations.

The investment process starts with a list of companies in the benchmark Russell 3000 Value Index. The research team then looks for companies with established market presence, solid financial statements and stable or improving earnings and cash flows.

The team then estimates the long term value of a select list of companies that meet financial and earnings criteria and compares with the current price in the stock market. The companies with near-term identifiable catalysts that could lift stocks prices near to long term estimated values are favored for the inclusion in the portfolio.

The fund generally invests in companies with market capitalization more than $3 billion.

The fund’s objective is to grow capital in long term through investing in small-size companies.

The investment process starts with a list of companies included in the benchmark Russell 2000 Value Index. The research team then with the help of fundamental analysis and quantitative techniques identifies companies that are trading at a discount to their industry peers and are expected to deliver attractive long term growth based on good or improving fundamentals.

The qualitative research looks for near-term catalysts that are likely to revalue stocks closer to their long term estimated valuations.

The fund generally invests in companies between the market capitalizations of $500 million to $7 billion.

The fund’s investment objective is to grow capital in the long-term through investing in small- and mid-size companies.

The investment process starts with a list of companies included in the benchmark Russell 2500 Value Index. The research team then with the help of fundamental analysis and quantitative techniques identifies companies that are trading at a discount to their industry peers and are expected to deliver attractive long term growth.

The fund has the flexibility to invest in companies with market capitalizations between $5 million and $14 billion but generally favors companies in the range of $100 million and $8 billion.

The team with the help of qualitative research looks for near-term catalysts that are likely to revalue stocks closer to their long term estimated valuations. The investment managers take a longer view of investment opportunities regardless of interim fluctuations.

The fund seeks to appreciate capital and earn current income through investing in the real estate industry.

The fund invests in owners, developers, brokers, operators and real estate linked pools of loans or mortgages. But, the fund does not own directly real estate. The fund invests through equity securities of real estate trusts or mortgage real estate trusts or hybrid trusts combining the two.

The investment process focuses on identifying companies with a high quality portfolio of real estate and analyzing track record of development of new real estate. The diversified fund invests across all sectors including industrial, commercial, residential, technology and healthcare.

The companies with a track record of rising cash flow and dividend are favored by investment managers.

The fund seeks to generate total return including capital gains and dividend income primarily through investing in U.S. companies.

The investment process looks for companies with a track record of high dividend yields. The research team reviews outlook for the earnings and cash flow and how durable the dividend stream is likely to be. The team also reviews management track record in growing earnings and sharing the growing portion of earnings with shareholders.

The fund has flexibility to invest across all market capitalization but generally invests in large-cap companies.

The fund’s objective is to generate an attractive total return including dividend income by investing in companies around the world with dividend payment history.

The fund has flexibility to invest across all market capitalization and look for companies with a track record of dividend payment. The research team then analyzes the earnings growth and prefers companies that have the potential to sustain and increase dividend.  The team also identifies companies that are likely to initiate a dividend.

The fund generally invests in large- and mega-cap companies with market capitalization of at least $50 billion. The fund may allocate between 25% and 60% of its total investments in the U.S. based companies.

The fund’s objective is to generate an attractive total return including dividend income by investing in companies outside the United States with dividend payment history.

The fund has flexibility to invest across all market capitalization and the investment team looks for companies with a track record of dividend payment. The research team then analyzes the earnings growth and prefers companies that have the potential to sustain and increase dividend.  The team also identifies companies that are likely to initiate a dividend.

The fund has the flexibility to invest up to 10% of its total investments in emerging markets and 20% in the United States.

The fund generally invests in large- and mid-cap companies with market capitalization of at least $10 billion. About 55% of the fund’s total assets are allocated to companies in the U.K., Japan, France and Canada.

The fund’s objective is to growth of capital in the long-term through investing in small-size companies.

The investment process starts with a list of companies included in the benchmark Russell 2000 Index. The research team then with the help of fundamental analysis and quantitative techniques identifies companies with strong balance sheets, established market presence, high return on capital and good or improving fundamentals.

The research team then looks for companies that are likely to benefit from the long-term structural growth or innovative portfolio of products or services.

The fund generally invests in companies between the market capitalizations of $100 million to $7 billion.

The fund’s objective is to grow capital in long term through investing in small-size companies.

The investment process starts with a list of companies included in the benchmark Russell 2000 Index. The research team then with the help of fundamental analysis and quantitative techniques identifies companies with strong balance sheets, established market presence, high return on capital and good or improving fundamentals.

The research team then looks for companies that are likely to benefit from the long-term structural growth or innovative portfolio of products or services.

The fund generally invests in companies between the market capitalizations of $100 million to $7 billion.

The fund seeks long term capital appreciation through investing in small-size companies.

The investment process starts with a list of companies included in the benchmark Russell 2000 Index. The research team then with the help of fundamental analysis and quantitative techniques identifies companies that are trading at a discount to their industry peers and are expected to deliver attractive long term growth based on good or improving fundamentals.

The qualitative research looks for near-term catalysts that are likely to revalue stocks closer to their long term estimated valuations.

The fund generally invests in companies between the market capitalizations of $500 million to $9 billion.

The fund’s objective is to grow capital in the long-term through investing in international small-size companies outside the United States.

The investment process starts with a list of companies in the benchmark MSCI World Ex USA Small Cap Index. The research team then narrows the list using quantitative screens focused on size, growth and quality of earnings. The team then looks to identify regional peers and focuses more on market leaders. The team then with the help of regular review and qualitative research looks for sustainability of business model, management track record in allocating capital and long term outlook for the business.

The fund generally invests in companies between the market capitalization range of $500 million and $8 billion.

The fund seeks long term capital growth through investing in large-size U.S. companies.

The investment process starts with a list of companies in the benchmark Russell 1000 Growth Index. The research team then narrows the list using quantitative screens focused on size, growth and quality of earnings and return on capital trends. The companies are then evaluated by sector specialists and separate companies that are expected to maintain long term growth rates and market leaderships.  

The stocks are allocated capital on the durability of earnings and revenue growth and size of the value creation opportunity.