The fund seeks capital appreciation 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.

The strategy seeks to track the net total return performance of a benchmark index before fees and expenses by investing in companies outside the United States.

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

The Index is comprised of securities of issuers located in developed markets.

The investment team considers  Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Luxembourg, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, and the United Kingdom to be developed markets.

Next, the research team focuses on securities of non-U.S. issuers.

In determining whether a company is foreign, the team looks to both the country of incorporation and the main listing country.

The team utilizes a proprietary mathematical metric based on the volatility of each Index constituent and its correlation to the other Index constituents.

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 appreciation by investing in 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 U.S. 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 seeks to track the total return, before fees and expenses, of the TOBAM Anti-Benchmark US Core Equity Index (the Index).

The fund will generally invest in all of the component securities of the Index in the same approximate proportions as the Index.

The Index typically is reconstituted (i.e., Index constituents are added or deleted and weights are reset) and rebalanced monthly.
 

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

The sub-advisor’s investment process is designed to highlight companies in the benchmark index that are trading at a discount to their estimated intrinsic value.

Then the research team focuses on companies that have a sustainable competitive advantage or a high barrier to entry. The barriers to entry can be created through a cost advantage, economies of scale, high customer loyalty, or a government barrier such as license or subsidy.

The sub-advisor believes that the strongest barrier to entry is the combination of economies of scale and higher customer loyalty.

Then the manager constructs a portfolio that holds the securities of 25 to 45 companies, with residual cash and equivalents representing less than 10% of the fund’s net assets.

The fund is non-diversified and may invest a significant percentage of its assets in the securities of a single company.

The fund has the flexibility to invest up to 35% of its net assets in securities of foreign issuers through the use of ordinary shares or depositary receipts such as American Depositary Receipts.

The fund may also invest in securities of emerging market countries.

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

The sub-advisor’s investment process is designed to highlight companies that have the potential for superior growth in earnings over a one- to three-year period.

Next, the research team relies on fundamental analysis to look for companies with attractive valuations and prospects of high future earnings.

The team also evaluates a company’s financial statements, has meetings with management teams, and reviews operations and product development.

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

The fund is non-diversified and may invest a significant percentage of its net assets in the securities of a single company.

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 stocks of established companies located in or that conduct their business mainly in one or more foreign countries, which may include emerging markets.

The team relies on quantitative screening to narrow the investable universe to a list of quality companies trading at reasonable valuations.

Then the team seeks to identify companies with high returns on capital, operating margins, and superior cash flow generation.

In addition, the team evaluates companies on the basis of five fundamental factors such as business quality, valuation, growth, management and balance sheet strength.

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 normally be invested in ten or more foreign countries and also will have substantial investments in European countries.

However, the fund focuses its investments on developed foreign countries, but may invest up to 25% of its net assets in emerging markets.

Generally, a majority of the fund's net assets will be invested in securities of non-U.S. issuers exhibiting long-term capital growth prospects.

The fund’s remaining net assets may be invested in companies organized in the United States that have at least 50% of their assets and/or revenues outside the United States.

The fund also expects to purchase American Depositary Receipts and Global Depositary Receipts.
 

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 equity securities of non-U.S. companies that meet certain financial and environmental, social, and governance criteria.

The team reviews a company’s financial condition and its ESG practices.

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 invests primarily in securities of companies domiciled in developed markets, but may invest up to 30% of its net assets in securities of companies domiciled in emerging and frontier markets.

The fund invests in securities of any size, but generally focuses on larger, more established companies.
 

The fund seeks capital appreciation in the long term by investing in large-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 focuses on securities of foreign issuers, and may also invest through, but not limited to, American Depository Receipts and other depositary receipts.

In determining whether an issuer is foreign, the team considers where the issuer is headquartered or its principal operations are located, or where the issuer’s revenues are derived, where the principal trading market is located and the country in which the issuer is legally organized.

The team favors growing businesses with solid fundamentals, attractive profitability, and proven management teams.

Also, the team holds securities with long-term investment horizons.

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 generally holds between 25 and 50 securities.

The fund intends to invest in securities of issuers from at least three different countries outside of the United States, including issuers in emerging market countries.

From time to time, the fund may invest more than 25% of its net assets in issuers connected to China, and in issuers in other emerging market countries.

Additionally, the fund may, from time to time, have significant exposure to one or more issuers, geographic regions or sectors of the global economy.

The fund may focus its investments in a particular sector or sectors of the economy.

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

The sub-advisor’s investment process is designed to identify companies that are trading at a discount to their estimated intrinsic value.

The research team focuses on companies exhibiting sustainable competitive advantage or high barriers to entry.

The sub-advisor believes that the strongest barrier to entry is the combination of economies of scale and higher customer loyalty.

Generally, the portfolio holds 25 to 45 companies, with residual cash and equivalents expected to represent less than 10% of the fund’s net assets. The fund may invest in any economic sector; at times it may emphasize one or more particular sectors.

The fund may invest up to 35% of its net assets in securities of foreign issuers, including in American Depositary Receipts, as well as may invest in securities of emerging market countries.

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

The sub-advisor’s investment process is designed to highlight profitable, financially stable companies that are trading at a discount to the company’s respective private market values.

The research team relies on fundamental techniques to look for companies that are consistently generating high returns on unleveraged operating capital and are run by shareholder-oriented management.

The team utilizes a proprietary quantitative model to look for companies on the basis of return on capital, earnings to value ratio, free cash flow and return on equity.

In addition, the team also assesses a company's corporate governance structure, and whether or not management's interests are aligned with shareholder interests.

The fund is non-diversified and will typically hold approximately 30 to 40 securities.

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 highlight companies offering consistent growth at attractive valuations.

Next, the research team uses bottom-up research to identify companies with solid fundamentals, attractive profitability, and successful managements.

The fund has the flexibility to invest up to 20% of its net assets in foreign securities, which may include investments in emerging markets.

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 begins with identifying companies that are lagging in market price or trading at a discount to their estimated intrinsic value not yet recognized by investors.

The research team utilizes a proprietary quantitative model for evaluating stocks on the basis of return on capital, earnings to value ratio, free cash flow and return on equity characteristics.

The team then narrows the investable universe to financially stable companies that are consistently generating high returns on unleveraged operating capital.

The team using qualitative analysis looks at a company's corporate governance structure to ascertain whether or not management's interests are aligned with shareholder interests.

The fund will typically hold securities of approximately 30 to 40 companies and may invest a high percentage of its assets in specific sectors of the market.    

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 and narrows the list to those with a proven history of earnings growth.

Next, the research team with the help of qualitative research identifies companies that are estimated to continue or accelerate earnings growth in the next one to three years.

Then the team uses valuation guidelines to favor companies that are priced low in relation to their perceived long-term earnings power.

The team employs quantitative and qualitative analyses to evaluate a company's financial statements, operations and product development, and management interviews.

The fund may also invest up to 20% of its total assets in foreign securities.

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 focuses on fundamental analysis to identify companies that are trading at a discount to their intrinsic value.

The research team utilizes quantitative screens to highlight companies with financial strength. Next, the team conducts in-depth research and analysis to identify superior companies that are selling at attractive valuations.

The process also involves evaluating the company's management team, competitive strategy, and its current market position.

The fund may invest in other investment companies in pursuing its strategy.  

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 highlight companies exhibiting above-average revenue and earnings growth potential.

The research team combines quantitative and qualitative techniques to identify companies that demonstrate financial strength, leadership in their respective industries, and significant competitive advantages.

The fund invests a significant percentage of its assets in the securities of a single company or in the securities of a smaller number of companies.

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 highlight companies exhibiting above-average revenue and earnings growth potential.

The research team combines quantitative and qualitative techniques to identify companies that demonstrate financial strength, leadership in their respective industries, and significant competitive advantages.

The fund invests a significant percentage of its assets in the securities of a single company or in the securities of a smaller number of companies.

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 focuses on companies with financial stability.

In addition, the team favors companies that are consistently generating high returns on unleveraged operating capital, and run by shareholder-oriented management.

Also, the team considers companies that are trading at discounts to their estimate of 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.

The portfolio holds securities of approximately 30 to 40 companies.

The fund is non-diversified and invests a significant percentage of its assets in the securities of one company or in the securities of a smaller number of companies than a diversified fund. 
 

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 focuses on companies that are trading at discounts to their estimated intrinsic value.

In selecting securities for the portfolio, the research team focuses on companies that are trading at attractive valuations.

In addition, the team evaluates a company’s financial statements, management team, competitive strategy and its current market position.

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 80 to 115 securities.
 

The fund seeks capital appreciation 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 high quality companies that have superior business models, experienced management teams, sustainable growth potential and are attractively valued. 

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.

Also, the fund may invest up to 25% of its net assets in securities within a single industry.

Although the fund may invest in any economic sector, at times it may emphasize one or more particular sectors.

The fund may invest without limitation in foreign securities, although only where the securities are trading in the U.S. or Canada and only where trading is denominated in U.S. or Canadian dollars.
 

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

The sub-advisor’s investment process is designed to identify companies that appear to be undervalued and may be temporarily out of favor but have good prospects for growth from a list of companies included in the benchmark index.

Then the research process is driven by fundamental analysis of one stock at a time.

Next, the team evaluates a company on the basis of valuation multiples such as earnings and book value below the market and dividend yields above the market.

Then the fund manager constructs a portfolio holding between 40 and 50 companies, and the fund may invest up to 15% of its assets in securities of foreign issuers.

The fund may also focus its investments within certain sectors, but utilizes risk management tools to prevent over-exposure to particular market segments.