The fund seeks capital appreciation 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 significantly in issuers domiciled outside the United States.

The strategy seeks to invest in a mix of American Funds in different combinations and weightings.

The team seeks to create a combination of underlying funds that complement each other. Through its investments in the underlying funds, the fund will have significant exposure to growth-oriented common stocks.

As part of the process, the team considers the historical volatility and returns of the underlying funds and how various combinations would have behaved in past market environments.

The team also focuses on current market conditions and the investment positions of the underlying funds.

In addition, the team may also invest in growth-and-income funds.

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 at least 25% of its net assets in underlying funds that invest significantly in issuers domiciled outside the United States.

Additionally, the fund will have exposure to issuers domiciled in at least three different countries.

The fund may also have exposure to smaller capitalization issuers and issuers domiciled in emerging markets.

Also, the fund may also invest in underlying funds that hold junk bonds.

The fund seeks capital appreciation 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 significantly in issuers domiciled outside the United States.

The strategy seeks to invest in a mix of American Funds in different combinations and weightings.

The team seeks to create a combination of underlying funds that complement each other. Through its investments in the underlying funds, the fund will have significant exposure to growth-oriented common stocks.

As part of the process, the team considers the historical volatility and returns of the underlying funds and how various combinations would have behaved in past market environments.

The team also focuses on current market conditions and the investment positions of the underlying funds.

In addition, the team may also invest in growth-and-income funds.

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 at least 25% of its net assets in underlying funds that invest significantly in issuers domiciled outside the United States.

Additionally, the fund will have exposure to issuers domiciled in at least three different countries.

The fund may also have exposure to smaller capitalization issuers and issuers domiciled in emerging markets.

Also, the fund may also invest in underlying funds that hold junk bonds.

The fund seeks capital appreciation 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 significantly in issuers domiciled outside the United States.

The strategy seeks to invest in a mix of American Funds in different combinations and weightings.

The team seeks to create a combination of underlying funds that complement each other. Through its investments in the underlying funds, the fund will have significant exposure to growth-oriented common stocks.

As part of the process, the team considers the historical volatility and returns of the underlying funds and how various combinations would have behaved in past market environments.

The team also focuses on current market conditions and the investment positions of the underlying funds.

In addition, the team may also invest in growth-and-income funds.

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 at least 25% of its net assets in underlying funds that invest significantly in issuers domiciled outside the United States.

Additionally, the fund will have exposure to issuers domiciled in at least three different countries.

The fund may also have exposure to smaller capitalization issuers and issuers domiciled in emerging markets.

Also, the fund may also invest in underlying funds that hold junk bonds.

The fund seeks capital appreciation 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 significantly in issuers domiciled outside the United States.

The strategy seeks to invest in a mix of American Funds in different combinations and weightings.

The team seeks to create a combination of underlying funds that complement each other. Through its investments in the underlying funds, the fund will have significant exposure to growth-oriented common stocks.

As part of the process, the team considers the historical volatility and returns of the underlying funds and how various combinations would have behaved in past market environments.

The team also focuses on current market conditions and the investment positions of the underlying funds.

In addition, the team may also invest in growth-and-income funds.

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 at least 25% of its net assets in underlying funds that invest significantly in issuers domiciled outside the United States.

Additionally, the fund will have exposure to issuers domiciled in at least three different countries.

The fund may also have exposure to smaller capitalization issuers and issuers domiciled in emerging markets.

Also, the fund may also invest in underlying funds that hold junk bonds.

The fund seeks capital appreciation 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 significantly in issuers domiciled outside the United States.

The strategy seeks to invest in a mix of American Funds in different combinations and weightings.

The team seeks to create a combination of underlying funds that complement each other. Through its investments in the underlying funds, the fund will have significant exposure to growth-oriented common stocks.

As part of the process, the team considers the historical volatility and returns of the underlying funds and how various combinations would have behaved in past market environments.

The team also focuses on current market conditions and the investment positions of the underlying funds.

In addition, the team may also invest in growth-and-income funds.

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 at least 25% of its net assets in underlying funds that invest significantly in issuers domiciled outside the United States.

Additionally, the fund will have exposure to issuers domiciled in at least three different countries.

The fund may also have exposure to smaller capitalization issuers and issuers domiciled in emerging markets.

Also, the fund may also invest in underlying funds that hold junk bonds.

The fund seeks capital appreciation 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 significantly in issuers domiciled outside the United States.

The strategy seeks to invest in a mix of American Funds in different combinations and weightings.

The team seeks to create a combination of underlying funds that complement each other. Through its investments in the underlying funds, the fund will have significant exposure to growth-oriented common stocks.

As part of the process, the team considers the historical volatility and returns of the underlying funds and how various combinations would have behaved in past market environments.

The team also focuses on current market conditions and the investment positions of the underlying funds.

In addition, the team may also invest in growth-and-income funds.

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 at least 25% of its net assets in underlying funds that invest significantly in issuers domiciled outside the United States.

Additionally, the fund will have exposure to issuers domiciled in at least three different countries.

The fund may also have exposure to smaller capitalization issuers and issuers domiciled in emerging markets.

Also, the fund may also invest in underlying funds that hold junk bonds.

The fund seeks capital appreciation 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 significantly in issuers domiciled outside the United States.

The strategy seeks to invest in a mix of American Funds in different combinations and weightings.

The team seeks to create a combination of underlying funds that complement each other. Through its investments in the underlying funds, the fund will have significant exposure to growth-oriented common stocks.

As part of the process, the team considers the historical volatility and returns of the underlying funds and how various combinations would have behaved in past market environments.

The team also focuses on current market conditions and the investment positions of the underlying funds.

In addition, the team may also invest in growth-and-income funds.

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 at least 25% of its net assets in underlying funds that invest significantly in issuers domiciled outside the United States.

Additionally, the fund will have exposure to issuers domiciled in at least three different countries.

The fund may also have exposure to smaller capitalization issuers and issuers domiciled in emerging markets.

Also, the fund may also invest in underlying funds that hold junk bonds.

The fund seeks capital appreciation 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 significantly in issuers domiciled outside the United States.

The strategy seeks to invest in a mix of American Funds in different combinations and weightings.

The team seeks to create a combination of underlying funds that complement each other. Through its investments in the underlying funds, the fund will have significant exposure to growth-oriented common stocks.

As part of the process, the team considers the historical volatility and returns of the underlying funds and how various combinations would have behaved in past market environments.

The team also focuses on current market conditions and the investment positions of the underlying funds.

In addition, the team may also invest in growth-and-income funds.

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 at least 25% of its net assets in underlying funds that invest significantly in issuers domiciled outside the United States.

Additionally, the fund will have exposure to issuers domiciled in at least three different countries.

The fund may also have exposure to smaller capitalization issuers and issuers domiciled in emerging markets.

Also, the fund may also invest in underlying funds that hold junk bonds.

The fund seeks capital appreciation 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 significantly in issuers domiciled outside the United States.

The strategy seeks to invest in a mix of American Funds in different combinations and weightings.

The team seeks to create a combination of underlying funds that complement each other. Through its investments in the underlying funds, the fund will have significant exposure to growth-oriented common stocks.

As part of the process, the team considers the historical volatility and returns of the underlying funds and how various combinations would have behaved in past market environments.

The team also focuses on current market conditions and the investment positions of the underlying funds.

In addition, the team may also invest in growth-and-income funds.

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 at least 25% of its net assets in underlying funds that invest significantly in issuers domiciled outside the United States.

Additionally, the fund will have exposure to issuers domiciled in at least three different countries.

The fund may also have exposure to smaller capitalization issuers and issuers domiciled in emerging markets.

Also, the fund may also invest in underlying funds that hold junk bonds.

The fund seeks capital appreciation 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 significantly in issuers domiciled outside the United States.

The strategy seeks to invest in a mix of American Funds in different combinations and weightings.

The team seeks to create a combination of underlying funds that complement each other. Through its investments in the underlying funds, the fund will have significant exposure to growth-oriented common stocks.

As part of the process, the team considers the historical volatility and returns of the underlying funds and how various combinations would have behaved in past market environments.

The team also focuses on current market conditions and the investment positions of the underlying funds.

In addition, the team may also invest in growth-and-income funds.

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 at least 25% of its net assets in underlying funds that invest significantly in issuers domiciled outside the United States.

Additionally, the fund will have exposure to issuers domiciled in at least three different countries.

The fund may also have exposure to smaller capitalization issuers and issuers domiciled in emerging markets.

Also, the fund may also invest in underlying funds that hold junk bonds.

The fund seeks capital appreciation 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 significantly in issuers domiciled outside the United States.

The strategy seeks to invest in a mix of American Funds in different combinations and weightings.

The team seeks to create a combination of underlying funds that complement each other. Through its investments in the underlying funds, the fund will have significant exposure to growth-oriented common stocks.

As part of the process, the team considers the historical volatility and returns of the underlying funds and how various combinations would have behaved in past market environments.

The team also focuses on current market conditions and the investment positions of the underlying funds.

In addition, the team may also invest in growth-and-income funds.

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 at least 25% of its net assets in underlying funds that invest significantly in issuers domiciled outside the United States.

Additionally, the fund will have exposure to issuers domiciled in at least three different countries.

The fund may also have exposure to smaller capitalization issuers and issuers domiciled in emerging markets.

Also, the fund may also invest in underlying funds that hold junk bonds.

The fund seeks capital appreciation 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 significantly in issuers domiciled outside the United States.

The strategy seeks to invest in a mix of American Funds in different combinations and weightings.

The team seeks to create a combination of underlying funds that complement each other. Through its investments in the underlying funds, the fund will have significant exposure to growth-oriented common stocks.

As part of the process, the team considers the historical volatility and returns of the underlying funds and how various combinations would have behaved in past market environments.

The team also focuses on current market conditions and the investment positions of the underlying funds.

In addition, the team may also invest in growth-and-income funds.

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 at least 25% of its net assets in underlying funds that invest significantly in issuers domiciled outside the United States.

Additionally, the fund will have exposure to issuers domiciled in at least three different countries.

The fund may also have exposure to smaller capitalization issuers and issuers domiciled in emerging markets.

Also, the fund may also invest in underlying funds that hold junk bonds.

The fund seeks capital appreciation 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 significantly in issuers domiciled outside the United States.

The strategy seeks to invest in a mix of American Funds in different combinations and weightings.

The team seeks to create a combination of underlying funds that complement each other. Through its investments in the underlying funds, the fund will have significant exposure to growth-oriented common stocks.

As part of the process, the team considers the historical volatility and returns of the underlying funds and how various combinations would have behaved in past market environments.

The team also focuses on current market conditions and the investment positions of the underlying funds.

In addition, the team may also invest in growth-and-income funds.

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 at least 25% of its net assets in underlying funds that invest significantly in issuers domiciled outside the United States.

Additionally, the fund will have exposure to issuers domiciled in at least three different countries.

The fund may also have exposure to smaller capitalization issuers and issuers domiciled in emerging markets.

Also, the fund may also invest in underlying funds that hold junk bonds.

The fund seeks capital appreciation 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 significantly in issuers domiciled outside the United States.

The strategy seeks to invest in a mix of American Funds in different combinations and weightings.

The team seeks to create a combination of underlying funds that complement each other. Through its investments in the underlying funds, the fund will have significant exposure to growth-oriented common stocks.

As part of the process, the team considers the historical volatility and returns of the underlying funds and how various combinations would have behaved in past market environments.

The team also focuses on current market conditions and the investment positions of the underlying funds.

In addition, the team may also invest in growth-and-income funds.

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 at least 25% of its net assets in underlying funds that invest significantly in issuers domiciled outside the United States.

Additionally, the fund will have exposure to issuers domiciled in at least three different countries.

The fund may also have exposure to smaller capitalization issuers and issuers domiciled in emerging markets.

Also, the fund may also invest in underlying funds that hold junk bonds.

The fund seeks capital appreciation 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 significantly in issuers domiciled outside the United States.

The strategy seeks to invest in a mix of American Funds in different combinations and weightings.

The team seeks to create a combination of underlying funds that complement each other. Through its investments in the underlying funds, the fund will have significant exposure to growth-oriented common stocks.

As part of the process, the team considers the historical volatility and returns of the underlying funds and how various combinations would have behaved in past market environments.

The team also focuses on current market conditions and the investment positions of the underlying funds.

In addition, the team may also invest in growth-and-income funds.

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 at least 25% of its net assets in underlying funds that invest significantly in issuers domiciled outside the United States.

Additionally, the fund will have exposure to issuers domiciled in at least three different countries.

The fund may also have exposure to smaller capitalization issuers and issuers domiciled in emerging markets.

Also, the fund may also invest in underlying funds that hold junk bonds.

The fund seeks capital appreciation 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 significantly in issuers domiciled outside the United States.

The strategy seeks to invest in a mix of American Funds in different combinations and weightings.

The team seeks to create a combination of underlying funds that complement each other. Through its investments in the underlying funds, the fund will have significant exposure to growth-oriented common stocks.

As part of the process, the team considers the historical volatility and returns of the underlying funds and how various combinations would have behaved in past market environments.

The team also focuses on current market conditions and the investment positions of the underlying funds.

In addition, the team may also invest in growth-and-income funds.

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 at least 25% of its net assets in underlying funds that invest significantly in issuers domiciled outside the United States.

Additionally, the fund will have exposure to issuers domiciled in at least three different countries.

The fund may also have exposure to smaller capitalization issuers and issuers domiciled in emerging markets.

Also, the fund may also invest in underlying funds that hold junk bonds.

The fund seeks capital appreciation 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 significantly in issuers domiciled outside the United States.

The strategy seeks to invest in a mix of American Funds in different combinations and weightings.

The team seeks to create a combination of underlying funds that complement each other. Through its investments in the underlying funds, the fund will have significant exposure to growth-oriented common stocks.

As part of the process, the team considers the historical volatility and returns of the underlying funds and how various combinations would have behaved in past market environments.

The team also focuses on current market conditions and the investment positions of the underlying funds.

In addition, the team may also invest in growth-and-income funds.

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 at least 25% of its net assets in underlying funds that invest significantly in issuers domiciled outside the United States.

Additionally, the fund will have exposure to issuers domiciled in at least three different countries.

The fund may also have exposure to smaller capitalization issuers and issuers domiciled in emerging markets.

Also, the fund may also invest in underlying funds that hold junk bonds.

The fund seeks capital appreciation 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 significantly in issuers domiciled outside the United States.

The strategy seeks to invest in a mix of American Funds in different combinations and weightings.

The team seeks to create a combination of underlying funds that complement each other. Through its investments in the underlying funds, the fund will have significant exposure to growth-oriented common stocks.

As part of the process, the team considers the historical volatility and returns of the underlying funds and how various combinations would have behaved in past market environments.

The team also focuses on current market conditions and the investment positions of the underlying funds.

In addition, the team may also invest in growth-and-income funds.

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 at least 25% of its net assets in underlying funds that invest significantly in issuers domiciled outside the United States.

Additionally, the fund will have exposure to issuers domiciled in at least three different countries.

The fund may also have exposure to smaller capitalization issuers and issuers domiciled in emerging markets.

Also, the fund may also invest in underlying funds that hold junk bonds.

The fund seeks capital appreciation in the long term by investing in companies outside the United States.

The fund prefers a multi-manager investing approach to manage its assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.

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 companies located around the world.

The team prefers attractively valued companies that represent good, long-term investment opportunities.

In selecting securities for the portfolio, the research team focuses on companies that have the potential for growth.

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 looks to capitalize on investment opportunities generated by changes in international trade patterns and economic and political relationships.

The fund seeks capital appreciation in the long term by investing in companies outside the United States.

The fund prefers a multi-manager investing approach to manage its assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.

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 companies located around the world.

The team prefers attractively valued companies that represent good, long-term investment opportunities.

In selecting securities for the portfolio, the research team focuses on companies that have the potential for growth.

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 looks to capitalize on investment opportunities generated by changes in international trade patterns and economic and political relationships.

The fund seeks capital appreciation in the long term by investing in companies outside the United States.

The fund prefers a multi-manager investing approach to manage its assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.

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 companies located around the world.

The team prefers attractively valued companies that represent good, long-term investment opportunities.

In selecting securities for the portfolio, the research team focuses on companies that have the potential for growth.

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 looks to capitalize on investment opportunities generated by changes in international trade patterns and economic and political relationships.

The fund seeks capital appreciation in the long term by investing in companies outside the United States.

The fund prefers a multi-manager investing approach to manage its assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.

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 companies located around the world.

The team prefers attractively valued companies that represent good, long-term investment opportunities.

In selecting securities for the portfolio, the research team focuses on companies that have the potential for growth.

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 looks to capitalize on investment opportunities generated by changes in international trade patterns and economic and political relationships.

The fund seeks capital appreciation in the long term by investing in companies outside the United States.

The fund prefers a multi-manager investing approach to manage its assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.

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 companies located around the world.

The team prefers attractively valued companies that represent good, long-term investment opportunities.

In selecting securities for the portfolio, the research team focuses on companies that have the potential for growth.

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 looks to capitalize on investment opportunities generated by changes in international trade patterns and economic and political relationships.

The fund seeks capital appreciation in the long term by investing in companies outside the United States.

The fund prefers a multi-manager investing approach to manage its assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.

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 companies located around the world.

The team prefers attractively valued companies that represent good, long-term investment opportunities.

In selecting securities for the portfolio, the research team focuses on companies that have the potential for growth.

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 looks to capitalize on investment opportunities generated by changes in international trade patterns and economic and political relationships.

The fund seeks capital appreciation in the long term by investing in companies outside the United States.

The fund prefers a multi-manager investing approach to manage its assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.

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 companies located around the world.

The team prefers attractively valued companies that represent good, long-term investment opportunities.

In selecting securities for the portfolio, the research team focuses on companies that have the potential for growth.

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 looks to capitalize on investment opportunities generated by changes in international trade patterns and economic and political relationships.

The fund seeks capital appreciation in the long term by investing in companies outside the United States.

The fund prefers a multi-manager investing approach to manage its assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.

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 companies located around the world.

The team prefers attractively valued companies that represent good, long-term investment opportunities.

In selecting securities for the portfolio, the research team focuses on companies that have the potential for growth.

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 looks to capitalize on investment opportunities generated by changes in international trade patterns and economic and political relationships.

The fund seeks capital appreciation in the long term by investing in companies outside the United States.

The fund prefers a multi-manager investing approach to manage its assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.

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 companies located around the world.

The team prefers attractively valued companies that represent good, long-term investment opportunities.

In selecting securities for the portfolio, the research team focuses on companies that have the potential for growth.

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 looks to capitalize on investment opportunities generated by changes in international trade patterns and economic and political relationships.

The fund seeks capital appreciation in the long term by investing in companies outside the United States.

The fund prefers a multi-manager investing approach to manage its assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.

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 companies located around the world.

The team prefers attractively valued companies that represent good, long-term investment opportunities.

In selecting securities for the portfolio, the research team focuses on companies that have the potential for growth.

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 looks to capitalize on investment opportunities generated by changes in international trade patterns and economic and political relationships.

The fund seeks capital appreciation in the long term by investing in companies outside the United States.

The fund prefers a multi-manager investing approach to manage its assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.

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 companies located around the world.

The team prefers attractively valued companies that represent good, long-term investment opportunities.

In selecting securities for the portfolio, the research team focuses on companies that have the potential for growth.

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 looks to capitalize on investment opportunities generated by changes in international trade patterns and economic and political relationships.

The fund seeks capital appreciation in the long term by investing in companies outside the United States.

The fund prefers a multi-manager investing approach to manage its assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.

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 companies located around the world.

The team prefers attractively valued companies that represent good, long-term investment opportunities.

In selecting securities for the portfolio, the research team focuses on companies that have the potential for growth.

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 looks to capitalize on investment opportunities generated by changes in international trade patterns and economic and political relationships.

The fund seeks capital appreciation in the long term by investing in companies outside the United States.

The fund prefers a multi-manager investing approach to manage its assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.

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 companies located around the world.

The team prefers attractively valued companies that represent good, long-term investment opportunities.

In selecting securities for the portfolio, the research team focuses on companies that have the potential for growth.

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 looks to capitalize on investment opportunities generated by changes in international trade patterns and economic and political relationships.

The fund seeks capital appreciation in the long term by investing in companies outside the United States.

The fund prefers a multi-manager investing approach to manage its assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.

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 companies located around the world.

The team prefers attractively valued companies that represent good, long-term investment opportunities.

In selecting securities for the portfolio, the research team focuses on companies that have the potential for growth.

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 looks to capitalize on investment opportunities generated by changes in international trade patterns and economic and political relationships.

The fund seeks capital appreciation in the long term by investing in companies outside the United States.

The fund prefers a multi-manager investing approach to manage its assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.

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 companies located around the world.

The team prefers attractively valued companies that represent good, long-term investment opportunities.

In selecting securities for the portfolio, the research team focuses on companies that have the potential for growth.

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 looks to capitalize on investment opportunities generated by changes in international trade patterns and economic and political relationships.

The fund seeks capital appreciation in the long term by investing in companies outside the United States.

The fund prefers a multi-manager investing approach to manage its assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.

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 companies located around the world.

The team prefers attractively valued companies that represent good, long-term investment opportunities.

In selecting securities for the portfolio, the research team focuses on companies that have the potential for growth.

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 looks to capitalize on investment opportunities generated by changes in international trade patterns and economic and political relationships.

The fund seeks capital appreciation in the long term by investing in companies outside the United States.

The fund prefers a multi-manager investing approach to manage its assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.

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 companies located around the world.

The team prefers attractively valued companies that represent good, long-term investment opportunities.

In selecting securities for the portfolio, the research team focuses on companies that have the potential for growth.

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 looks to capitalize on investment opportunities generated by changes in international trade patterns and economic and political relationships.

The fund seeks capital appreciation in the long term by investing in mid-and 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 invests in equity securities.

The team invests at least 40% of its assets outside the United States, or if market conditions are not favorable, at least 30% of its assets outside the United States, and hold securities of issuers located in at least three countries.

The team determines whether a company is considered to be located outside the United States by considering whether it is organized under the laws of or maintains its principal office in a country located outside the United States.

Also, the team considers a company if its securities are principally traded on trading markets in countries located outside the United States, or it derives at least 50% of its total revenue or profits from either goods produced or services performed or sales made in countries located outside the United States, or it has at least 50% of its assets in countries located outside the United States.

The fund’s non-U.S. investments may include equity securities issued by companies that are established or operating in emerging market countries.

In addition, the team prefers companies that are leaders within their industry or country with an ability to deliver high relative return on invested capital over time.

Also, the research team integrates environmental, social and governance factors as part of its process.

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 derivatives instruments, such as options, futures contracts, including interest rate futures, and options on futures.

In order to respond to adverse market, economic, political, or other conditions, the fund may assume a temporary defensive position and invest without limit in cash and prime quality cash equivalents such as prime commercial paper and other money market instruments.

The fund seeks capital appreciation in the long term by investing in mid-and 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 invests in equity securities.

The team invests at least 40% of its assets outside the United States, or if market conditions are not favorable, at least 30% of its assets outside the United States, and hold securities of issuers located in at least three countries.

The team determines whether a company is considered to be located outside the United States by considering whether it is organized under the laws of or maintains its principal office in a country located outside the United States.

Also, the team considers a company if its securities are principally traded on trading markets in countries located outside the United States, or it derives at least 50% of its total revenue or profits from either goods produced or services performed or sales made in countries located outside the United States, or it has at least 50% of its assets in countries located outside the United States.

The fund’s non-U.S. investments may include equity securities issued by companies that are established or operating in emerging market countries.

In addition, the team prefers companies that are leaders within their industry or country with an ability to deliver high relative return on invested capital over time.

Also, the research team integrates environmental, social and governance factors as part of its process.

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 derivatives instruments, such as options, futures contracts, including interest rate futures, and options on futures.

In order to respond to adverse market, economic, political, or other conditions, the fund may assume a temporary defensive position and invest without limit in cash and prime quality cash equivalents such as prime commercial paper and other money market instruments.

The fund seeks capital appreciation 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 in securities of companies located in developed and emerging countries.

The research team invests at least 40% of the fund’s net assets in companies that maintain their principal place of business or conduct their principal business activities outside the U.S.

This may also include companies that have their securities traded on non-U.S. exchanges, or have been formed under the laws of non-U.S. countries.

The team considers a company to conduct its principal business activities outside the U.S. if it derives at least 50% of its revenue from business outside the U.S. or has at least 50% of its assets outside the U.S.

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.

From time to time, the fund may focus its investments in certain countries or geographic areas, including Europe.

Also, the fund may from time to time emphasize one or more sectors in selecting its investments, including the healthcare and the information technology sectors.
 

The fund seeks capital appreciation 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 in securities of companies located in developed and emerging countries.

The research team invests at least 40% of the fund’s net assets in companies that maintain their principal place of business or conduct their principal business activities outside the U.S.

This may also include companies that have their securities traded on non-U.S. exchanges, or have been formed under the laws of non-U.S. countries.

The team considers a company to conduct its principal business activities outside the U.S. if it derives at least 50% of its revenue from business outside the U.S. or has at least 50% of its assets outside the U.S.

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.

From time to time, the fund may focus its investments in certain countries or geographic areas, including Europe.

Also, the fund may from time to time emphasize one or more sectors in selecting its investments, including the healthcare and the information technology sectors.
 

The fund seeks capital appreciation 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 in securities of companies located in developed and emerging countries.

The research team invests at least 40% of the fund’s net assets in companies that maintain their principal place of business or conduct their principal business activities outside the U.S.

This may also include companies that have their securities traded on non-U.S. exchanges, or have been formed under the laws of non-U.S. countries.

The team considers a company to conduct its principal business activities outside the U.S. if it derives at least 50% of its revenue from business outside the U.S. or has at least 50% of its assets outside the U.S.

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.

From time to time, the fund may focus its investments in certain countries or geographic areas, including Europe.

Also, the fund may from time to time emphasize one or more sectors in selecting its investments, including the healthcare and the information technology sectors.
 

The fund seeks capital appreciation 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 in securities of companies located in developed and emerging countries.

The research team invests at least 40% of the fund’s net assets in companies that maintain their principal place of business or conduct their principal business activities outside the U.S.

This may also include companies that have their securities traded on non-U.S. exchanges, or have been formed under the laws of non-U.S. countries.

The team considers a company to conduct its principal business activities outside the U.S. if it derives at least 50% of its revenue from business outside the U.S. or has at least 50% of its assets outside the U.S.

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.

From time to time, the fund may focus its investments in certain countries or geographic areas, including Europe.

Also, the fund may from time to time emphasize one or more sectors in selecting its investments, including the healthcare and the information technology sectors.
 

The fund seeks capital appreciation 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 in securities of companies located in developed and emerging countries.

The research team invests at least 40% of the fund’s net assets in companies that maintain their principal place of business or conduct their principal business activities outside the U.S.

This may also include companies that have their securities traded on non-U.S. exchanges, or have been formed under the laws of non-U.S. countries.

The team considers a company to conduct its principal business activities outside the U.S. if it derives at least 50% of its revenue from business outside the U.S. or has at least 50% of its assets outside the U.S.

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.

From time to time, the fund may focus its investments in certain countries or geographic areas, including Europe.

Also, the fund may from time to time emphasize one or more sectors in selecting its investments, including the healthcare and the information technology sectors.
 

The fund seeks capital appreciation 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 in securities of companies located in developed and emerging countries.

The research team invests at least 40% of the fund’s net assets in companies that maintain their principal place of business or conduct their principal business activities outside the U.S.

This may also include companies that have their securities traded on non-U.S. exchanges, or have been formed under the laws of non-U.S. countries.

The team considers a company to conduct its principal business activities outside the U.S. if it derives at least 50% of its revenue from business outside the U.S. or has at least 50% of its assets outside the U.S.

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.

From time to time, the fund may focus its investments in certain countries or geographic areas, including Europe.

Also, the fund may from time to time emphasize one or more sectors in selecting its investments, including the healthcare and the information technology sectors.
 

The fund seeks capital appreciation 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 in securities of companies located in developed and emerging countries.

The research team invests at least 40% of the fund’s net assets in companies that maintain their principal place of business or conduct their principal business activities outside the U.S.

This may also include companies that have their securities traded on non-U.S. exchanges, or have been formed under the laws of non-U.S. countries.

The team considers a company to conduct its principal business activities outside the U.S. if it derives at least 50% of its revenue from business outside the U.S. or has at least 50% of its assets outside the U.S.

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.

From time to time, the fund may focus its investments in certain countries or geographic areas, including Europe.

Also, the fund may from time to time emphasize one or more sectors in selecting its investments, including the healthcare and the information technology sectors.
 

The fund seeks capital appreciation 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 in securities of companies located in developed and emerging countries.

The research team invests at least 40% of the fund’s net assets in companies that maintain their principal place of business or conduct their principal business activities outside the U.S.

This may also include companies that have their securities traded on non-U.S. exchanges, or have been formed under the laws of non-U.S. countries.

The team considers a company to conduct its principal business activities outside the U.S. if it derives at least 50% of its revenue from business outside the U.S. or has at least 50% of its assets outside the U.S.

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.

From time to time, the fund may focus its investments in certain countries or geographic areas, including Europe.

Also, the fund may from time to time emphasize one or more sectors in selecting its investments, including the healthcare and the information technology sectors.
 

The fund seeks primarily appreciation of capital with downside protection and secondarily current income.

The investment process focuses on companies with market capitalization above $5 billion and are established, globally managed companies that make and distribute their products and services around the world.

Next, the investment team through growth analysis identifies sectors and industries that are likely to expand in the next three to five years. The team looks for companies that are dominating in these sectors and are likely to benefit from the growth.

The fund practices buy-and-hold investment strategy that leads to lower turnover rate and minimize tax liability by limiting capital distribution.

The fund seeks primarily appreciation of capital with downside protection and secondarily current income.

The investment process focuses on companies with market capitalization above $5 billion and are established, globally managed companies that make and distribute their products and services around the world.

Next, the investment team through growth analysis identifies sectors and industries that are likely to expand in the next three to five years. The team looks for companies that are dominating in these sectors and are likely to benefit from the growth.

The fund practices buy-and-hold investment strategy that leads to lower turnover rate and minimize tax liability by limiting capital distribution.

The fund seeks primarily appreciation of capital with downside protection and secondarily current income.

The investment process focuses on companies with market capitalization above $5 billion and are established, globally managed companies that make and distribute their products and services around the world.

Next, the investment team through growth analysis identifies sectors and industries that are likely to expand in the next three to five years. The team looks for companies that are dominating in these sectors and are likely to benefit from the growth.

The fund practices buy-and-hold investment strategy that leads to lower turnover rate and minimize tax liability by limiting capital distribution.

The fund seeks primarily appreciation of capital with downside protection and secondarily current income.

The investment process focuses on companies with market capitalization above $5 billion and are established, globally managed companies that make and distribute their products and services around the world.

Next, the investment team through growth analysis identifies sectors and industries that are likely to expand in the next three to five years. The team looks for companies that are dominating in these sectors and are likely to benefit from the growth.

The fund practices buy-and-hold investment strategy that leads to lower turnover rate and minimize tax liability by limiting capital distribution.

The fund seeks capital appreciation in the long term by investing in mega-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 Invests in securities of companies demonstrating above-average growth potential.

In addition, the team evaluates a company’s financial condition and industry position, as well as market and economic 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.

The manager invests in domestic and foreign issuers.
 

The fund seeks capital appreciation by investing in companies across any size 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 in securities of U.S. and foreign companies.

The team favors quality companies exhibiting durable growth characteristics.

Also, the team seeks to identify secular changes in the world that it believes will drive global growth for the next decade. These large scale structural themes are referred to collectively as MANTRA, namely Mass Affluence, New Technology, Restructuring, and Aging.

In addition, the economic characteristics that the team focuses on are high return on invested capital, good cash flow characteristics, high barriers to entry, dominant market share, a superior competitive position, talented management, and balance sheet strength.

The team also considers how industry dynamics, market trends, and general economic conditions may affect a company’s earnings outlook.

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 invest in at least three countries (one of which may be the United States).

However, the fund can invest without limit in foreign securities in any country, including countries with developed or emerging markets.

Although the fund has the flexibility to invest across market capitalizations, it primarily invests in mid- and large-cap companies.
 

The fund seeks capital appreciation by investing in companies across any size 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 in securities of U.S. and foreign companies.

The team favors quality companies exhibiting durable growth characteristics.

Also, the team seeks to identify secular changes in the world that it believes will drive global growth for the next decade. These large scale structural themes are referred to collectively as MANTRA, namely Mass Affluence, New Technology, Restructuring, and Aging.

In addition, the economic characteristics that the team focuses on are high return on invested capital, good cash flow characteristics, high barriers to entry, dominant market share, a superior competitive position, talented management, and balance sheet strength.

The team also considers how industry dynamics, market trends, and general economic conditions may affect a company’s earnings outlook.

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 invest in at least three countries (one of which may be the United States).

However, the fund can invest without limit in foreign securities in any country, including countries with developed or emerging markets.

Although the fund has the flexibility to invest across market capitalizations, it primarily invests in mid- and large-cap companies.
 

The fund seeks capital appreciation by investing in companies across any size 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 in securities of U.S. and foreign companies.

The team favors quality companies exhibiting durable growth characteristics.

Also, the team seeks to identify secular changes in the world that it believes will drive global growth for the next decade. These large scale structural themes are referred to collectively as MANTRA, namely Mass Affluence, New Technology, Restructuring, and Aging.

In addition, the economic characteristics that the team focuses on are high return on invested capital, good cash flow characteristics, high barriers to entry, dominant market share, a superior competitive position, talented management, and balance sheet strength.

The team also considers how industry dynamics, market trends, and general economic conditions may affect a company’s earnings outlook.

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 invest in at least three countries (one of which may be the United States).

However, the fund can invest without limit in foreign securities in any country, including countries with developed or emerging markets.

Although the fund has the flexibility to invest across market capitalizations, it primarily invests in mid- and large-cap companies.
 

The fund seeks capital appreciation by investing in companies across any size 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 in securities of U.S. and foreign companies.

The team favors quality companies exhibiting durable growth characteristics.

Also, the team seeks to identify secular changes in the world that it believes will drive global growth for the next decade. These large scale structural themes are referred to collectively as MANTRA, namely Mass Affluence, New Technology, Restructuring, and Aging.

In addition, the economic characteristics that the team focuses on are high return on invested capital, good cash flow characteristics, high barriers to entry, dominant market share, a superior competitive position, talented management, and balance sheet strength.

The team also considers how industry dynamics, market trends, and general economic conditions may affect a company’s earnings outlook.

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 invest in at least three countries (one of which may be the United States).

However, the fund can invest without limit in foreign securities in any country, including countries with developed or emerging markets.

Although the fund has the flexibility to invest across market capitalizations, it primarily invests in mid- and large-cap companies.
 

The fund seeks capital appreciation by investing in companies across any size 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 in securities of U.S. and foreign companies.

The team favors quality companies exhibiting durable growth characteristics.

Also, the team seeks to identify secular changes in the world that it believes will drive global growth for the next decade. These large scale structural themes are referred to collectively as MANTRA, namely Mass Affluence, New Technology, Restructuring, and Aging.

In addition, the economic characteristics that the team focuses on are high return on invested capital, good cash flow characteristics, high barriers to entry, dominant market share, a superior competitive position, talented management, and balance sheet strength.

The team also considers how industry dynamics, market trends, and general economic conditions may affect a company’s earnings outlook.

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 invest in at least three countries (one of which may be the United States).

However, the fund can invest without limit in foreign securities in any country, including countries with developed or emerging markets.

Although the fund has the flexibility to invest across market capitalizations, it primarily invests in mid- and large-cap companies.
 

The fund seeks capital appreciation in the long term by investing in companies across any size 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 primarily in equity securities, including common stocks and depositary receipts.

The team favors companies with sustainable competitive advantages, above-average future cash flow growth, attractive cash flow returns on invested capital, and management teams focused on creating long-term value for shareholders.

In addition, the research team focuses on companies that are trading at significant discounts to their estimated 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 fund will invest in securities that provide exposure to no fewer than three countries, which will include the U.S

In addition, the fund will invest at least 40% of its net assets in securities of companies that maintain their principal place of business or conduct their principal business activities outside the U.S., or companies that have their securities traded on non-U.S. exchanges or companies that have been formed under the laws of non-U.S. countries.

Also, the fund may invest up to 30% of its net assets in emerging markets securities.

The fund normally invests across a wide range of sectors and industries.

The fund seeks capital appreciation in the long term by investing in companies across any size 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 primarily in equity securities, including common stocks and depositary receipts.

The team favors companies with sustainable competitive advantages, above-average future cash flow growth, attractive cash flow returns on invested capital, and management teams focused on creating long-term value for shareholders.

In addition, the research team focuses on companies that are trading at significant discounts to their estimated 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 fund will invest in securities that provide exposure to no fewer than three countries, which will include the U.S

In addition, the fund will invest at least 40% of its net assets in securities of companies that maintain their principal place of business or conduct their principal business activities outside the U.S., or companies that have their securities traded on non-U.S. exchanges or companies that have been formed under the laws of non-U.S. countries.

Also, the fund may invest up to 30% of its net assets in emerging markets securities.

The fund normally invests across a wide range of sectors and industries.

The fund seeks capital appreciation in the long term by investing in companies across any size 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 primarily in equity securities, including common stocks and depositary receipts.

The team favors companies with sustainable competitive advantages, above-average future cash flow growth, attractive cash flow returns on invested capital, and management teams focused on creating long-term value for shareholders.

In addition, the research team focuses on companies that are trading at significant discounts to their estimated 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 fund will invest in securities that provide exposure to no fewer than three countries, which will include the U.S

In addition, the fund will invest at least 40% of its net assets in securities of companies that maintain their principal place of business or conduct their principal business activities outside the U.S., or companies that have their securities traded on non-U.S. exchanges or companies that have been formed under the laws of non-U.S. countries.

Also, the fund may invest up to 30% of its net assets in emerging markets securities.

The fund normally invests across a wide range of sectors and industries.

The fund seeks capital appreciation in the long term by investing in companies across any size 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 primarily in equity securities, including common stocks and depositary receipts.

The team favors companies with sustainable competitive advantages, above-average future cash flow growth, attractive cash flow returns on invested capital, and management teams focused on creating long-term value for shareholders.

In addition, the research team focuses on companies that are trading at significant discounts to their estimated 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 fund will invest in securities that provide exposure to no fewer than three countries, which will include the U.S

In addition, the fund will invest at least 40% of its net assets in securities of companies that maintain their principal place of business or conduct their principal business activities outside the U.S., or companies that have their securities traded on non-U.S. exchanges or companies that have been formed under the laws of non-U.S. countries.

Also, the fund may invest up to 30% of its net assets in emerging markets securities.

The fund normally invests across a wide range of sectors and industries.

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

The fund manages assets with the help of two sub-advisers. The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

The sub-advisers are Sands Capital Management, LLC, and Harding Loevner LP.

The sub-advisers’ 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 and equity-related securities throughout the world, including in emerging markets.

The team prefers companies that exhibit the potential for above average returns and active currency strategies.

In selecting securities for the portfolio, the research team evaluates securities’ attractiveness by considering factors such as market valuation, corporate management competence and security-specific components of an issuer.

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 in securities that may be listed or traded in the form of American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts, or other types of depositary receipts or dual listed securities.

In addition, the fund may also invest in government fixed income securities, exchange-traded funds, and a variety of derivatives such as futures, options, and swaps.

Also, the fund may invest in securities of issuers located in emerging market or developing market countries.

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 securities of both U.S. and non-U.S. companies, including emerging market securities.

As part of the team's analysis of a company's sustainability, the team considers environmental, social and governance factors relating to the company.

Then the team evaluates and rates the securities in the investment universe on the basis of their ESG characteristics.

The team believes that investing in companies that have a track record of managing ESG risks can generate competitive financial returns over the long-term and positive societal impact.

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 exhibit growth characteristics.

Next, the team narrows the investable universe by screening out issuers generating revenue from sectors such as tobacco, thermal coal, alcohol, gambling and weapons.

With respect to ESG factors, the team invests significantly in stocks rated as best-in-class (i.e. top 30%) and avoids stocks rated worst-in-class (i.e. bottom 30%).

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 manager diversifies the fund’s investments across geographic regions and economic sectors.

The portfolio typically holds approximately 40 to 60 stocks.

Also, the fund will invest at least 40% of its net assets in non-U.S. securities. 

The fund may also invest in depository receipts such as 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 securities of both U.S. and non-U.S. companies, including emerging market securities.

As part of the team's analysis of a company's sustainability, the team considers environmental, social and governance factors relating to the company.

Then the team evaluates and rates the securities in the investment universe on the basis of their ESG characteristics.

The team believes that investing in companies that have a track record of managing ESG risks can generate competitive financial returns over the long-term and positive societal impact.

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 exhibit growth characteristics.

Next, the team narrows the investable universe by screening out issuers generating revenue from sectors such as tobacco, thermal coal, alcohol, gambling and weapons.

With respect to ESG factors, the team invests significantly in stocks rated as best-in-class (i.e. top 30%) and avoids stocks rated worst-in-class (i.e. bottom 30%).

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 manager diversifies the fund’s investments across geographic regions and economic sectors.

The portfolio typically holds approximately 40 to 60 stocks.

Also, the fund will invest at least 40% of its net assets in non-U.S. securities. 

The fund may also invest in depository receipts such as 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 securities of both U.S. and non-U.S. companies, including emerging market securities.

As part of the team's analysis of a company's sustainability, the team considers environmental, social and governance factors relating to the company.

Then the team evaluates and rates the securities in the investment universe on the basis of their ESG characteristics.

The team believes that investing in companies that have a track record of managing ESG risks can generate competitive financial returns over the long-term and positive societal impact.

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 exhibit growth characteristics.

Next, the team narrows the investable universe by screening out issuers generating revenue from sectors such as tobacco, thermal coal, alcohol, gambling and weapons.

With respect to ESG factors, the team invests significantly in stocks rated as best-in-class (i.e. top 30%) and avoids stocks rated worst-in-class (i.e. bottom 30%).

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 manager diversifies the fund’s investments across geographic regions and economic sectors.

The portfolio typically holds approximately 40 to 60 stocks.

Also, the fund will invest at least 40% of its net assets in non-U.S. securities. 

The fund may also invest in depository receipts such as Global Depositary Receipts.

The fund seeks to invest in growth companies around the world including the United States.

The fund is sub-advised by Vontobel Asset Management with a target focus on large-size growth companies.

The investment process focuses on identifying companies with long-term economic prospects, durable business franchise and solid financial status. The research team then looks for drivers of growth and evaluates the sources of earnings and cash flow growth.

Portfolio of 40 to 55 high conviction companies are selected for the long-term investing.

The fund seeks to invest in growth companies around the world including the United States.

The fund is sub-advised by Vontobel Asset Management with a target focus on large-size growth companies.

The investment process focuses on identifying companies with long-term economic prospects, durable business franchise and solid financial status. The research team then looks for drivers of growth and evaluates the sources of earnings and cash flow growth.

Portfolio of 40 to 55 high conviction companies are selected for the long-term investing.

The fund seeks to invest in growth companies around the world including the United States.

The fund is sub-advised by Vontobel Asset Management with a target focus on large-size growth companies.

The investment process focuses on identifying companies with long-term economic prospects, durable business franchise and solid financial status. The research team then looks for drivers of growth and evaluates the sources of earnings and cash flow growth.

Portfolio of 40 to 55 high conviction companies are selected for the long-term investing.

The fund seeks to invest in growth companies around the world including the United States.

The fund is sub-advised by Vontobel Asset Management with a target focus on large-size growth companies.

The investment process focuses on identifying companies with long-term economic prospects, durable business franchise and solid financial status. The research team then looks for drivers of growth and evaluates the sources of earnings and cash flow growth.

Portfolio of 40 to 55 high conviction companies are selected for the long-term investing.

The fund seeks capital appreciation 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 in companies around the world.

The team favors companies with above-average returns on equity and earnings growth, as well as balance sheet strength.

In addition, the team focuses on securities of companies that are estimated to maintain superior growth, profitability and quality relative to local markets and companies within the same industry worldwide.

Also, the team prefers high-quality companies with superior r corporate performance that are estimated to be the long-term category winners

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 manager has the flexibility to invest in large, well-established companies to smaller companies at an earlier stage of development.

The fund may also invest in initial public offerings and private placements.

The fund seeks capital appreciation 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 in companies around the world.

The team favors companies with above-average returns on equity and earnings growth, as well as balance sheet strength.

In addition, the team focuses on securities of companies that are estimated to maintain superior growth, profitability and quality relative to local markets and companies within the same industry worldwide.

Also, the team prefers high-quality companies with superior r corporate performance that are estimated to be the long-term category winners

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 manager has the flexibility to invest in large, well-established companies to smaller companies at an earlier stage of development.

The fund may also invest in initial public offerings and private placements.

The fund seeks capital appreciation 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 in companies around the world.

The team favors companies with above-average returns on equity and earnings growth, as well as balance sheet strength.

In addition, the team focuses on securities of companies that are estimated to maintain superior growth, profitability and quality relative to local markets and companies within the same industry worldwide.

Also, the team prefers high-quality companies with superior r corporate performance that are estimated to be the long-term category winners

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 manager has the flexibility to invest in large, well-established companies to smaller companies at an earlier stage of development.

The fund may also invest in initial public offerings and private placements.