The fund seeks maximum 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 US and non-US companies that are trading at significant discounts to their estimated intrinsic value.

The team prefers companies that have a track record of generating superior free cash flow, improving returns on capital and excellent competitive positions in their industries.

In addition, the team focuses on companies with balance sheet strength and management teams that are aligned with shareholders’ interests.

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

The portfolio typically has approximately between 30 and 50 holdings.

Additionally, the fund may invest in emerging and less developed markets.

The fund may also invest in debt securities of any maturity.

The fund may invest in equity-linked securities that provide economic exposure to a security of one or more non-US companies without direct investment in the underlying securities.

The fund seeks maximum 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 US and non-US companies that are trading at significant discounts to their estimated intrinsic value.

The team prefers companies that have a track record of generating superior free cash flow, improving returns on capital and excellent competitive positions in their industries.

In addition, the team focuses on companies with balance sheet strength and management teams that are aligned with shareholders’ interests.

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

The portfolio typically has approximately between 30 and 50 holdings.

Additionally, the fund may invest in emerging and less developed markets.

The fund may also invest in debt securities of any maturity.

The fund may invest in equity-linked securities that provide economic exposure to a security of one or more non-US companies without direct investment in the underlying securities.

The fund seeks maximum 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 US and non-US companies that are trading at significant discounts to their estimated intrinsic value.

The team prefers companies that have a track record of generating superior free cash flow, improving returns on capital and excellent competitive positions in their industries.

In addition, the team focuses on companies with balance sheet strength and management teams that are aligned with shareholders’ interests.

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

The portfolio typically has approximately between 30 and 50 holdings.

Additionally, the fund may invest in emerging and less developed markets.

The fund may also invest in debt securities of any maturity.

The fund may invest in equity-linked securities that provide economic exposure to a security of one or more non-US companies without direct investment in the underlying securities.

The fund seeks capital appreciation in the long term and income 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 stocks of companies in developed countries outside the U.S. and of companies in the U.S.

The team focuses on companies that pay dividends or repurchase their shares.

Next, the research team prefers companies that are trading at a discount to their estimated intrinsic value and are out of favor with investors.

In addition, the team looks for companies that are inexpensive on the basis of earnings, book value, and cash flow, as well as focuses on attributes such as financial strength and high yield.

The fundamental research includes company-specific research, company visits, and interviews of suppliers, customers, competitors, industry analysts, and experts.

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 up to 25% of its net assets in companies in emerging (less developed) markets.

Also, the fund will invest at least 40% of its net assets in a number of countries outside the U.S.

The fund seeks capital appreciation in the long term and income 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 stocks of companies in developed countries outside the U.S. and of companies in the U.S.

The team focuses on companies that pay dividends or repurchase their shares.

Next, the research team prefers companies that are trading at a discount to their estimated intrinsic value and are out of favor with investors.

In addition, the team looks for companies that are inexpensive on the basis of earnings, book value, and cash flow, as well as focuses on attributes such as financial strength and high yield.

The fundamental research includes company-specific research, company visits, and interviews of suppliers, customers, competitors, industry analysts, and experts.

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 up to 25% of its net assets in companies in emerging (less developed) markets.

Also, the fund will invest at least 40% of its net assets in a number of countries outside the U.S.

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 securities of companies that are estimated to trade below their fair values relative to factors such as assets, sales, earnings, growth potential, or cash flow, or relative to peers.

The team favors 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 high total return in the long term by investing in mid-and large-size companies outside the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the research team invests in securities of companies domiciled outside of the United States.

The team invests in high-quality companies demonstrating financial strength and management teams that are aligned with shareholders’ interests.

In addition, the team prefers companies that are trading at discounts to their estimated intrinsic value.

The team emphasizes companies domiciled in jurisdictions where reasonable business practices exist.

In selecting securities for the portfolio, the research team focuses on countries with established rules of law and political systems that allow for transparent and unbiased enforcement of those laws.

The team also considers attributes such as business quality, financial and management strength, and low absolute valuation of the underlying businesses.

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 ranks the securities and allocates the largest portfolio weightings to those investments that offer the greatest opportunity for appreciation.

The portfolio holds 25 to 50 companies and will generally hold no more than 10% of its total assets in cash or cash equivalents.

The fund may invest 20% of the fund’s net assets in U.S. stocks and 20% of the fund’s net assets in international stocks.

In addition, the fund may invest in depositary receipts that may be sponsored by the issuer or unsponsored.
 

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, and estimates some of those securities to pay dividends.

In addition, the team prefers companies that will gain a greater share of global GDP and have long-term economic drivers that serve as tailwinds for enduring growth.

Also, the team categorizes these structural themes as MANTRA, namely Mass Affluence, New Technology, Restructuring and Aging.

Sub-themes are concentrated in 21st century industries and favor intellectual property-based areas of the market.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team focuses on companies that have above-average earnings potential due to innovative, unique product offerings, typically protected by a patent, that are trading at discounts to their long-term growth potential.

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 a number of different countries and can invest in any country, including countries with developing or emerging markets. However, the fund will invest in at least four countries, including the United States.

Additionally, the fund may also invest in securities of issuers in special situations such as mergers, reorganizations, and restructurings.

Also, the fund may invest in debt securities and may invest up to 25% of its net assets in below-investment-grade securities.

Although the fund has the flexibility to invest across market capitalizations, it primarily invests in small-and mid-sized 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, and estimates some of those securities to pay dividends.

In addition, the team prefers companies that will gain a greater share of global GDP and have long-term economic drivers that serve as tailwinds for enduring growth.

Also, the team categorizes these structural themes as MANTRA, namely Mass Affluence, New Technology, Restructuring and Aging.

Sub-themes are concentrated in 21st century industries and favor intellectual property-based areas of the market.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team focuses on companies that have above-average earnings potential due to innovative, unique product offerings, typically protected by a patent, that are trading at discounts to their long-term growth potential.

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 a number of different countries and can invest in any country, including countries with developing or emerging markets. However, the fund will invest in at least four countries, including the United States.

Additionally, the fund may also invest in securities of issuers in special situations such as mergers, reorganizations, and restructurings.

Also, the fund may invest in debt securities and may invest up to 25% of its net assets in below-investment-grade securities.

Although the fund has the flexibility to invest across market capitalizations, it primarily invests in small-and mid-sized 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, and estimates some of those securities to pay dividends.

In addition, the team prefers companies that will gain a greater share of global GDP and have long-term economic drivers that serve as tailwinds for enduring growth.

Also, the team categorizes these structural themes as MANTRA, namely Mass Affluence, New Technology, Restructuring and Aging.

Sub-themes are concentrated in 21st century industries and favor intellectual property-based areas of the market.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team focuses on companies that have above-average earnings potential due to innovative, unique product offerings, typically protected by a patent, that are trading at discounts to their long-term growth potential.

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 a number of different countries and can invest in any country, including countries with developing or emerging markets. However, the fund will invest in at least four countries, including the United States.

Additionally, the fund may also invest in securities of issuers in special situations such as mergers, reorganizations, and restructurings.

Also, the fund may invest in debt securities and may invest up to 25% of its net assets in below-investment-grade securities.

Although the fund has the flexibility to invest across market capitalizations, it primarily invests in small-and mid-sized 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, and estimates some of those securities to pay dividends.

In addition, the team prefers companies that will gain a greater share of global GDP and have long-term economic drivers that serve as tailwinds for enduring growth.

Also, the team categorizes these structural themes as MANTRA, namely Mass Affluence, New Technology, Restructuring and Aging.

Sub-themes are concentrated in 21st century industries and favor intellectual property-based areas of the market.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team focuses on companies that have above-average earnings potential due to innovative, unique product offerings, typically protected by a patent, that are trading at discounts to their long-term growth potential.

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 a number of different countries and can invest in any country, including countries with developing or emerging markets. However, the fund will invest in at least four countries, including the United States.

Additionally, the fund may also invest in securities of issuers in special situations such as mergers, reorganizations, and restructurings.

Also, the fund may invest in debt securities and may invest up to 25% of its net assets in below-investment-grade securities.

Although the fund has the flexibility to invest across market capitalizations, it primarily invests in small-and mid-sized 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, and estimates some of those securities to pay dividends.

In addition, the team prefers companies that will gain a greater share of global GDP and have long-term economic drivers that serve as tailwinds for enduring growth.

Also, the team categorizes these structural themes as MANTRA, namely Mass Affluence, New Technology, Restructuring and Aging.

Sub-themes are concentrated in 21st century industries and favor intellectual property-based areas of the market.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team focuses on companies that have above-average earnings potential due to innovative, unique product offerings, typically protected by a patent, that are trading at discounts to their long-term growth potential.

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 a number of different countries and can invest in any country, including countries with developing or emerging markets. However, the fund will invest in at least four countries, including the United States.

Additionally, the fund may also invest in securities of issuers in special situations such as mergers, reorganizations, and restructurings.

Also, the fund may invest in debt securities and may invest up to 25% of its net assets in below-investment-grade securities.

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

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 U.S. and foreign equity securities.

The team prefers companies that are estimated to trade below their fair values.

In addition, the team favors companies that are inexpensive on the basis of book value, earnings, cash flow, and sales.

Also, the team evaluates whether a company has above-average dividend yield, low corporate leverage and share price, as well as share repurchase programs.

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 is diversified by issuer and industry.

However, the fund invests in securities that are economically tied to the U.S. stock market and foreign stock markets of developed countries.

Also, the fund will have some exposure to emerging markets.

Additionally, the fund seeks to reduce currency risk by hedging its perceived foreign currency exposure back into the U.S. dollar where practicable.

The fund seeks capital appreciation and income 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 foreign and domestic companies.

In selecting securities for the portfolio, the research team focuses on companies that are trading at significant discounts to their estimated intrinsic value.

The team evaluates companies on the basis of valuation multiples such as sales, book value, earnings, and earnings-to-growth.

Additionally, the team looks for changes to revenue growth rates, operating margins, outstanding share counts, earnings multiples, and tangible book 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 may also invest in companies domiciled in at least three countries, including the United States.

Also, the fund may invest a significant portion of its net assets in companies domiciled in foreign countries.

The fund may invest a significant amount of its net assets in securities issued by companies domiciled in emerging and frontier markets. These companies typically are located in the Asia-Pacific region, Eastern Europe, the Middle East, Central and South America, and Africa.

Additionally, the fund may invest a significant amount of its net assets in a particular region or market, including Asia, Europe and the United Kingdom.

The fund may invest a large percentage of its assets in a few sectors, including communication services, consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, and utilities.

The fund seeks capital appreciation and income 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 foreign and domestic companies.

In selecting securities for the portfolio, the research team focuses on companies that are trading at significant discounts to their estimated intrinsic value.

The team evaluates companies on the basis of valuation multiples such as sales, book value, earnings, and earnings-to-growth.

Additionally, the team looks for changes to revenue growth rates, operating margins, outstanding share counts, earnings multiples, and tangible book 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 may also invest in companies domiciled in at least three countries, including the United States.

Also, the fund may invest a significant portion of its net assets in companies domiciled in foreign countries.

The fund may invest a significant amount of its net assets in securities issued by companies domiciled in emerging and frontier markets. These companies typically are located in the Asia-Pacific region, Eastern Europe, the Middle East, Central and South America, and Africa.

Additionally, the fund may invest a significant amount of its net assets in a particular region or market, including Asia, Europe and the United Kingdom.

The fund may invest a large percentage of its assets in a few sectors, including communication services, consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, and utilities.