The fund seeks total return in the long term by investing in companies outside 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 invests the fund’s assets globally in a range of equity asset classes and in fixed income securities, real estate equities and commodity linked equities.

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 high or improving returns on capital, barriers to competition and compelling 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.

The fund's assets will be allocated across asset classes based on factors such as relative attractiveness among equity market capitalizations and geographic regions, inflation risks and factors that influence commodity prices.