The fund seeks a high level of income and capital appreciation by investing in mid-and large-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 invests in income-producing equity securities.

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 maintain up to 20% of its net assets in cash, U.S. Treasury bills or money market instruments to meet redemption requests and other liquidity needs.

Additionally, the fund may invest in stock futures contracts.

The fund invests primarily in U.S. equity securities that generate a relatively high level of dividend income and have the potential for capital appreciation.

The fund seeks capital appreciation in the long term by investing in mid-and large-size 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 focuses on securities of foreign companies exhibiting earnings growth potential.

The team then utilizes a proprietary global life-cycle screen to narrow the investable universe.

The life-cycle screen classifies companies across five categories that include innovation, expansion, deceleration, maturity, and distress.

The team actively invests across all five categories of the life-cycle, building a diversified portfolio of high-growth, high-return, income-oriented and distressed investments.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team favors companies that have the ability to generate durable returns, regardless of sector or country.

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 between 30 and 50 stocks.

The fund invests its net assets in securities of non-U.S. companies located in countries with developed markets, but may also invest in companies domiciled in emerging markets.

Also, the fund invests in no fewer than three different countries outside the U.S.

In conjunction with the life-cycle screen, the investment team seeks to invest in businesses it believes are on the whole beneficial to the society.

The team considers companies that offer products and services that improve the lives of their customers, and of people in the communities in which they operate.

Additionally, the fund screens out businesses that do not respect the value, freedom, and equality of all people or that contribute to harmful or addictive behavior such as alcohol, tobacco, gaming, gambling, certain media, and some pharmaceutical companies that do not display responsible distribution practices. 

The fund seeks to replicate total return performance of the benchmark index by investing in large-size companies in the United States.

The 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 investable opportunities.

The fund invests primarily in the stocks comprising the index so that the weighting of each stock in the portfolio approximates the index.

The fund seeks to replicate the performance of the benchmark index by investing in mid-size companies in the United States.

The investment process starts with a list of companies in the benchmark index and the research team uses quantitative techniques and fundamental analysis to narrow the list of investable companies.

The process uses a passive investing style to replicate the composition of the benchmark index.

The fund seeks to maintain a return correlation of at least 0.95 to the benchmark index.    

The fund seeks to replicate total return performance of the benchmark index before fees and expenses 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.

The process seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index.

Next, the research team invests in relatively smaller companies from many sectors.

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 in futures contracts.