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

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

Next, the research team focuses on securities of U.S. companies and foreign companies in developed markets.

The team seeks to achieve above-market returns with less volatility over a full market cycle.

In selecting securities for the portfolio, the research team evaluates companies on the basis of factors such as earnings quality, price volatility, speculation and distress.

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 be broadly diversified across companies and industries.

Additionally, the fund may also lend its portfolio securities to earn additional income.

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

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

Next, the research team focuses on securities of U.S. companies and foreign companies in developed markets.

The team seeks to achieve above-market returns with less volatility over a full market cycle.

In selecting securities for the portfolio, the research team evaluates companies on the basis of factors such as earnings quality, price volatility, speculation and distress.

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 be broadly diversified across companies and industries.

Additionally, the fund may also lend its portfolio securities to earn additional income.

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

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

Next, the research team focuses on securities of U.S. companies and foreign companies in developed markets.

The team seeks to achieve above-market returns with less volatility over a full market cycle.

In selecting securities for the portfolio, the research team evaluates companies on the basis of factors such as earnings quality, price volatility, speculation and distress.

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 be broadly diversified across companies and industries.

Additionally, the fund may also lend its portfolio securities to earn additional income.

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

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

Next, the research team focuses on securities of U.S. companies and foreign companies in developed markets.

The team seeks to achieve above-market returns with less volatility over a full market cycle.

In selecting securities for the portfolio, the research team evaluates companies on the basis of factors such as earnings quality, price volatility, speculation and distress.

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 be broadly diversified across companies and industries.

Additionally, the fund may also lend its portfolio securities to earn additional income.

The fund seeks capital appreciation by investing in companies around the world including the United States.

The fund anchors its investments in the U.S. and primarily in the developed regions of the world and secondarily in emerging markets. The fund starts with a list of companies in the benchmark index and then narrows the investable list to a smaller number that meet earnings, growth and return on equity criteria.

The research team then calculates intrinsic valuation for companies using qualitative analysis and future growth outlook. The fund does not seek to have a bias towards any investment style, economic sector, country or company size.

The fund favors companies that are priced low in relation to their perceived long-term earnings power.

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 exchange-traded funds.

The team utilizes sector rotation strategies that attempt to capitalize on changes in the business cycle.

In addition, the team relies on an investment model for analyzing market trends. The investment model includes factors such as price momentum, volatility, comparative indicators relative to certain indices and a recession model.

When the model indicates a negative market trend, the team focuses on ETFs that invest in treasury bonds, exchange traded notes and leverage and inverse ETFs.

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 not generally invest in individual portfolio securities.

However, the fund may hold significant cash or inverse ETF positions during unfavorable market conditions.

Additionally, the fund is considered diversified.

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 exchange-traded funds.

The team utilizes sector rotation strategies that attempt to capitalize on changes in the business cycle.

In addition, the team relies on an investment model for analyzing market trends. The investment model includes factors such as price momentum, volatility, comparative indicators relative to certain indices and a recession model.

When the model indicates a negative market trend, the team focuses on ETFs that invest in treasury bonds, exchange traded notes and leverage and inverse ETFs.

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 not generally invest in individual portfolio securities.

However, the fund may hold significant cash or inverse ETF positions during unfavorable market conditions.

Additionally, the fund is considered diversified.

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 exchange-traded funds.

The team utilizes sector rotation strategies that attempt to capitalize on changes in the business cycle.

In addition, the team relies on an investment model for analyzing market trends. The investment model includes factors such as price momentum, volatility, comparative indicators relative to certain indices and a recession model.

When the model indicates a negative market trend, the team focuses on ETFs that invest in treasury bonds, exchange traded notes and leverage and inverse ETFs.

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 not generally invest in individual portfolio securities.

However, the fund may hold significant cash or inverse ETF positions during unfavorable market conditions.

Additionally, the fund is considered diversified.

Multi-cap fund looks to invest in companies that are trading below the estimated value as determined by the fund manager. 

With the help of fundamental research, manager looks for companies trading at a discount to its intrinsic value but has a near-term catalyst to spark earnings or revenue growth.The contrarian approach, value focus and concentrated holdings drive the investment policy of this fund.   

The concentrated fund typically prefers to have less than 30 names and the fund has nearly 45% of its assets invested in top 10 holdings.  

The fund invests in other mutual funds and exchange traded funds to deliver a certain risk and return profile.

The multi-cap global funds is diversified in large and mid-cap focused funds in the U.S. and has exposure to developed markets of Europe and Asia and an allocation to emerging markets.

The fund also adjusts its allocation across stocks and bonds based on market conditions and macro-economic developments using rules based discipline.

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 focuses on high quality growth companies that are trading at attractive valuations.

The team believes high quality growth companies have definable strategic advantages/moat and competitive positioning that offer superior earnings visibility and sustainability.

In addition, the team seeks to identify the presence of near-term catalysts for future growth for companies that are in a positive earnings revision cycle.

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

The portfolio generally holds less than 50 holdings.

Additionally, the fund invests in securities of both U.S. and foreign companies, and invests significantly in foreign companies.

Foreign companies are companies that are organized under the laws of a foreign country, or whose securities are primarily listed in a foreign country.

Also foreign companies are companies that have a majority of their assets, or derive more than 50% of their revenue or profits from business, investments or sales, outside the United States. 

The fund’s foreign investments will include securities of companies in both developed and emerging market countries.

Also, the fund may invest a significant portion of its net assets in securities of companies conducting business within a single sector.

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 focuses on high quality growth companies that are trading at attractive valuations.

The team believes high quality growth companies have definable strategic advantages/moat and competitive positioning that offer superior earnings visibility and sustainability.

In addition, the team seeks to identify the presence of near-term catalysts for future growth for companies that are in a positive earnings revision cycle.

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

The portfolio generally holds less than 50 holdings.

Additionally, the fund invests in securities of both U.S. and foreign companies, and invests significantly in foreign companies.

Foreign companies are companies that are organized under the laws of a foreign country, or whose securities are primarily listed in a foreign country.

Also foreign companies are companies that have a majority of their assets, or derive more than 50% of their revenue or profits from business, investments or sales, outside the United States. 

The fund’s foreign investments will include securities of companies in both developed and emerging market countries.

Also, the fund may invest a significant portion of its net assets in securities of companies conducting business within a single sector.

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 focuses on high quality growth companies that are trading at attractive valuations.

The team believes high quality growth companies have definable strategic advantages/moat and competitive positioning that offer superior earnings visibility and sustainability.

In addition, the team seeks to identify the presence of near-term catalysts for future growth for companies that are in a positive earnings revision cycle.

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

The portfolio generally holds less than 50 holdings.

Additionally, the fund invests in securities of both U.S. and foreign companies, and invests significantly in foreign companies.

Foreign companies are companies that are organized under the laws of a foreign country, or whose securities are primarily listed in a foreign country.

Also foreign companies are companies that have a majority of their assets, or derive more than 50% of their revenue or profits from business, investments or sales, outside the United States. 

The fund’s foreign investments will include securities of companies in both developed and emerging market countries.

Also, the fund may invest a significant portion of its net assets in securities of companies conducting business within a single sector.

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 focuses on high quality growth companies that are trading at attractive valuations.

The team believes high quality growth companies have definable strategic advantages/moat and competitive positioning that offer superior earnings visibility and sustainability.

In addition, the team seeks to identify the presence of near-term catalysts for future growth for companies that are in a positive earnings revision cycle.

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

The portfolio generally holds less than 50 holdings.

Additionally, the fund invests in securities of both U.S. and foreign companies, and invests significantly in foreign companies.

Foreign companies are companies that are organized under the laws of a foreign country, or whose securities are primarily listed in a foreign country.

Also foreign companies are companies that have a majority of their assets, or derive more than 50% of their revenue or profits from business, investments or sales, outside the United States. 

The fund’s foreign investments will include securities of companies in both developed and emerging market countries.

Also, the fund may invest a significant portion of its net assets in securities of companies conducting business within a single sector.

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 will invest in instruments of companies located in a number of different countries throughout the world, one of which will be the United States.

The team will invest at least 40% of the fund’s net assets in non-U.S. companies. 

The team reviews companies on the basis of value, momentum, and other factors.

Value strategies identify companies that appear cheap based on fundamental measures.

Momentum strategies favor securities with measures of superior recent performance.

In addition, quality strategies favor stable companies in good business health, including those with superior profitability and stable earnings.

Sentiment strategies prefer companies with management teams that are aligned with shareholders’ interests.

Additionally, the fund may enter into both long and short positions in equities and currencies using derivative instruments.

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 will allocate the fund’s net assets among various regions and countries, including the United States (but in no less than three different countries outside of the U.S.)

The fund may lend its portfolio securities to certain types of eligible borrowers.

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 will invest in instruments of companies located in a number of different countries throughout the world, one of which will be the United States.

The team will invest at least 40% of the fund’s net assets in non-U.S. companies. 

The team reviews companies on the basis of value, momentum, and other factors.

Value strategies identify companies that appear cheap based on fundamental measures.

Momentum strategies favor securities with measures of superior recent performance.

In addition, quality strategies favor stable companies in good business health, including those with superior profitability and stable earnings.

Sentiment strategies prefer companies with management teams that are aligned with shareholders’ interests.

Additionally, the fund may enter into both long and short positions in equities and currencies using derivative instruments.

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 will allocate the fund’s net assets among various regions and countries, including the United States (but in no less than three different countries outside of the U.S.)

The fund may lend its portfolio securities to certain types of eligible borrowers.

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 will invest in instruments of companies located in a number of different countries throughout the world, one of which will be the United States.

The team will invest at least 40% of the fund’s net assets in non-U.S. companies. 

The team reviews companies on the basis of value, momentum, and other factors.

Value strategies identify companies that appear cheap based on fundamental measures.

Momentum strategies favor securities with measures of superior recent performance.

In addition, quality strategies favor stable companies in good business health, including those with superior profitability and stable earnings.

Sentiment strategies prefer companies with management teams that are aligned with shareholders’ interests.

Additionally, the fund may enter into both long and short positions in equities and currencies using derivative instruments.

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 will allocate the fund’s net assets among various regions and countries, including the United States (but in no less than three different countries outside of the U.S.)

The fund may lend its portfolio securities to certain types of eligible borrowers.

The all-cap global fund looks for companies in all markets around the world.

The fund looks to generate positive absolute and relative return over a full-market cycle with active risk management. Investment philosophy of the fund is focus both on the upside and on the downside risks to the individual stock.

The investment process puts a higher emphasis on screening for risks and not on future growth rate or market valuation. The fund generally allocates between 55% and 60% of its assets in mega cap companies and about 40% in medium to large cap companies.

U.S. based companies comprise about 35% of the fund’s assets and the rest are in the developed markets Asia and in Europe. Emerging markets account for less than 1% of allocation.

The all-cap global fund looks for companies in all markets around the world.

The fund looks to generate positive absolute and relative return over a full-market cycle with active risk management. Investment philosophy of the fund is focus both on the upside and on the downside risks to the individual stock.

The investment process puts a higher emphasis on screening for risks and not on future growth rate or market valuation. The fund generally allocates between 55% and 60% of its assets in mega cap companies and about 40% in medium to large cap companies.

U.S. based companies comprise about 35% of the fund’s assets and the rest are in the developed markets Asia and in Europe. Emerging markets account for less than 1% of allocation.

The fund seeks to maximize 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 securities that are listed on an exchange or that are otherwise publicly traded in the United States or in a foreign country.

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 quality companies that are trading at attractive valuations relative to their estimated intrinsic value.

Additionally, the team favors companies having attributes such as attractive business fundamentals, experienced management teams, pricing power, and durable competitive advantages.

Other attributes that the team prefers in companies are financial strength, track record of paying dividends and/or high or consistently improving market position, return on invested capital and operating margins.

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

The portfolio holds approximately between 45 and 55 securities.

Also, the fund invests in at least three different countries, including emerging market countries, with at least 40% of its net assets invested in securities of issuers located outside the United States.

The fund’s investments in foreign securities may include investments through American, European and Global Depository Receipts.

The fund may also invest in exchange-traded funds.

The fund seeks maximum 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.

The strategy relies on thematic idea generation framework to construct a focused portfolio designed to maximize alpha while limiting downside risk over the long term.

The process seeks to identify inflections in multi-year trends which may be caused by changes in supply/demand dynamics, societal behavior, market conditions, technology, laws/regulations and business models.

Next, the research team invests in securities of non-US companies (including depositary receipts).

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

The fund’s investments in non-US securities may include investments in developed markets, as well as emerging and less developed markets.

Additionally, 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 may invest in exchange-traded funds, real estate investment trusts, as well as debt securities of any maturity or duration.

Also, the fund may maintain a significant portion of its net assets in cash from time to time in response to adverse market, economic, political or other conditions.

The fund is non-diversified, which means that it may invest a greater portion of its assets in a more limited number of issuers than a diversified fund.

The fund seeks maximum 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.

The strategy relies on thematic idea generation framework to construct a focused portfolio designed to maximize alpha while limiting downside risk over the long term.

The process seeks to identify inflections in multi-year trends which may be caused by changes in supply/demand dynamics, societal behavior, market conditions, technology, laws/regulations and business models.

Next, the research team invests in securities of non-US companies (including depositary receipts).

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

The fund’s investments in non-US securities may include investments in developed markets, as well as emerging and less developed markets.

Additionally, 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 may invest in exchange-traded funds, real estate investment trusts, as well as debt securities of any maturity or duration.

Also, the fund may maintain a significant portion of its net assets in cash from time to time in response to adverse market, economic, political or other conditions.

The fund is non-diversified, which means that it may invest a greater portion of its assets in a more limited number of issuers than a diversified fund.

The fund seeks maximum 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 in securities both within and outside the US, including emerging and less developed markets.

The team favors companies within its preferred themes that demonstrate durable growth characteristics.

In addition, the team focuses on companies that are trading at attractive valuations relative to their long-term potential.

Also, the team looks to invest in companies that have exposure to long-term secular growth trends.

The team relies on fundamental analysis to identify industry leaders with attractive growth and valuation characteristics.

In selecting securities for the portfolio, the research team focuses on high-quality companies that have a sustainable competitive advantage, a superior business model and an experienced management team.

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 40 and 60 holdings.

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 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 both within and outside the US, including emerging and less developed markets.

The team favors companies within its preferred themes that demonstrate durable growth characteristics.

In addition, the team focuses on companies that are trading at attractive valuations relative to their long-term potential.

Also, the team looks to invest in companies that have exposure to long-term secular growth trends.

The team relies on fundamental analysis to identify industry leaders with attractive growth and valuation characteristics.

In selecting securities for the portfolio, the research team focuses on high-quality companies that have a sustainable competitive advantage, a superior business model and an experienced management team.

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 40 and 60 holdings.

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 morally responsible fund seeks to invest in global leaders with operations based around the world.

The investment process of the fund looks for global companies with strong balance sheet, stable earnings and near term catalysts to improve earnings and cash flow. The fund also limits investment in any country to less than 25% outside of the U.S. and currently has no meaningful exposure in emerging markets.

The fund practices morally responsible investing based and avoids all companies that are contrary to core values and teachings of the Roman Catholic Church. The fund avoids companies that are engaged in abortion, pornography, embryonic stem cell research and have policies that undermine the sacrament of marriage.

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.

The strategy is designed with an emphasis on investing in businesses that deliver positive change by contributing towards a more sustainable and inclusive world.

Next, the research team invests in securities of issuers located in countries of developed, emerging, and frontier markets.

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 company research and the long-term outlook of companies and industries.

In addition, the process includes research trips, company meetings, and relationships with industry thought leaders and academic institutions.

Other factors in consideration when assessing companies include long-term growth potential, geographic and industry positioning, competitive advantage, management, financial strength and valuation.

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

The portfolio holds securities of between 25 and 50 growth companies that have the potential to outperform the benchmark over the long term.

Also, the manager believes these growth companies deliver a positive change in areas such as social inclusion and education, healthcare, the environment, and in addressing basic needs and aspirations of the world’s poorest populations.

Additionally, the fund aims to hold securities for long periods, typically 5 to 10 years.

In addition, the fund may participate in initial public offerings and in securities offerings that are not registered in the U.S.

The fund is a non-diversified fund, which means that it may invest a relatively large percentage of its assets in a small number of issuers, industries or sectors.

Also, the fund may invest without limitation in securities quoted or denominated in currencies other than the U.S. dollar and may hold such currencies.

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.

The strategy is designed with an emphasis on investing in businesses that deliver positive change by contributing towards a more sustainable and inclusive world.

Next, the research team invests in securities of issuers located in countries of developed, emerging, and frontier markets.

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 company research and the long-term outlook of companies and industries.

In addition, the process includes research trips, company meetings, and relationships with industry thought leaders and academic institutions.

Other factors in consideration when assessing companies include long-term growth potential, geographic and industry positioning, competitive advantage, management, financial strength and valuation.

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

The portfolio holds securities of between 25 and 50 growth companies that have the potential to outperform the benchmark over the long term.

Also, the manager believes these growth companies deliver a positive change in areas such as social inclusion and education, healthcare, the environment, and in addressing basic needs and aspirations of the world’s poorest populations.

Additionally, the fund aims to hold securities for long periods, typically 5 to 10 years.

In addition, the fund may participate in initial public offerings and in securities offerings that are not registered in the U.S.

The fund is a non-diversified fund, which means that it may invest a relatively large percentage of its assets in a small number of issuers, industries or sectors.

Also, the fund may invest without limitation in securities quoted or denominated in currencies other than the U.S. dollar and may hold such currencies.

The fund seeks to provide total return 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 both equity and fixed income securities, including money market securities and other short-term securities or instruments, of issuers located around the world.

In selecting securities for the portfolio, the research team focuses on long term trends and changes that could benefit particular markets, industries and/or issuers.

Additionally, when selecting the markets, the team considers factors such as the rate of economic growth, natural resources, capital reinvestment and the social and political environment.

Also, as part of the process, the team utilizes short positions.

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.

Generally, the fund is diversified across markets, industries and issuers. The fund may invest in developed and emerging markets, including frontier markets.

The fund may also invest in real estate investment trusts, and in debt securities of any maturity or duration.

Additionally, the fund may utilize derivatives, including options, futures, swaps, credit default swaps and forward contracts, both to seek to increase the return of the fund and to hedge the value of its assets against adverse movements in currency exchange rates, interest rates and movements in the securities markets.

The fund may hold a portion of its net assets in cash or cash equivalents.

In addition, the fund may invest up to 25% of its net assets in Cayman GA Dynamic Equity Fund, Ltd. a wholly owned subsidiary of the fund, which invests primarily in commodity-related instruments.

The fund seeks to provide total return 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 both equity and fixed income securities, including money market securities and other short-term securities or instruments, of issuers located around the world.

In selecting securities for the portfolio, the research team focuses on long term trends and changes that could benefit particular markets, industries and/or issuers.

Additionally, when selecting the markets, the team considers factors such as the rate of economic growth, natural resources, capital reinvestment and the social and political environment.

Also, as part of the process, the team utilizes short positions.

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.

Generally, the fund is diversified across markets, industries and issuers. The fund may invest in developed and emerging markets, including frontier markets.

The fund may also invest in real estate investment trusts, and in debt securities of any maturity or duration.

Additionally, the fund may utilize derivatives, including options, futures, swaps, credit default swaps and forward contracts, both to seek to increase the return of the fund and to hedge the value of its assets against adverse movements in currency exchange rates, interest rates and movements in the securities markets.

The fund may hold a portion of its net assets in cash or cash equivalents.

In addition, the fund may invest up to 25% of its net assets in Cayman GA Dynamic Equity Fund, Ltd. a wholly owned subsidiary of the fund, which invests primarily in commodity-related instruments.

The fund seeks to provide high total investment return 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 global equity securities.

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 are estimated to trade below their fair values.

Also, the team considers companies that have the potential to generate attractive total returns over a long-term investment horizon.

The team also evaluates companies on the basis of factors such as value, estimated dividends, and interest rates.

Other factors in consideration would be economic and political conditions, potential for economic growth and possible changes in currency exchange rates.

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 both developed and emerging markets.

Additionally, the fund may utilize derivatives, including options, futures, swaps, and forward contracts, both to seek to increase the return of the fund and to hedge the value of its assets against adverse movements in currency exchange rates, interest rates and movements in the securities markets.

Also, the fund may invest in indexed and inverse securities, and in non-U.S. currencies.

In addition, the fund may own foreign cash equivalents or foreign bank deposits.

Furthermore, for temporary defensive purposes and in case of unusually large cash inflows or redemptions, the fund may invest without limitation in cash, cash equivalents, money market securities, or other high quality fixed-income securities.

The fund seeks to provide high total investment return 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 global equity securities.

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 are estimated to trade below their fair values.

Also, the team considers companies that have the potential to generate attractive total returns over a long-term investment horizon.

The team also evaluates companies on the basis of factors such as value, estimated dividends, and interest rates.

Other factors in consideration would be economic and political conditions, potential for economic growth and possible changes in currency exchange rates.

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 both developed and emerging markets.

Additionally, the fund may utilize derivatives, including options, futures, swaps, and forward contracts, both to seek to increase the return of the fund and to hedge the value of its assets against adverse movements in currency exchange rates, interest rates and movements in the securities markets.

Also, the fund may invest in indexed and inverse securities, and in non-U.S. currencies.

In addition, the fund may own foreign cash equivalents or foreign bank deposits.

Furthermore, for temporary defensive purposes and in case of unusually large cash inflows or redemptions, the fund may invest without limitation in cash, cash equivalents, money market securities, or other high quality fixed-income securities.

The fund seeks to provide high total investment return 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 global equity securities.

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 are estimated to trade below their fair values.

Also, the team considers companies that have the potential to generate attractive total returns over a long-term investment horizon.

The team also evaluates companies on the basis of factors such as value, estimated dividends, and interest rates.

Other factors in consideration would be economic and political conditions, potential for economic growth and possible changes in currency exchange rates.

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 both developed and emerging markets.

Additionally, the fund may utilize derivatives, including options, futures, swaps, and forward contracts, both to seek to increase the return of the fund and to hedge the value of its assets against adverse movements in currency exchange rates, interest rates and movements in the securities markets.

Also, the fund may invest in indexed and inverse securities, and in non-U.S. currencies.

In addition, the fund may own foreign cash equivalents or foreign bank deposits.

Furthermore, for temporary defensive purposes and in case of unusually large cash inflows or redemptions, the fund may invest without limitation in cash, cash equivalents, money market securities, or other high quality fixed-income securities.

The fund seeks to provide high total investment return 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 global equity securities.

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 are estimated to trade below their fair values.

Also, the team considers companies that have the potential to generate attractive total returns over a long-term investment horizon.

The team also evaluates companies on the basis of factors such as value, estimated dividends, and interest rates.

Other factors in consideration would be economic and political conditions, potential for economic growth and possible changes in currency exchange rates.

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 both developed and emerging markets.

Additionally, the fund may utilize derivatives, including options, futures, swaps, and forward contracts, both to seek to increase the return of the fund and to hedge the value of its assets against adverse movements in currency exchange rates, interest rates and movements in the securities markets.

Also, the fund may invest in indexed and inverse securities, and in non-U.S. currencies.

In addition, the fund may own foreign cash equivalents or foreign bank deposits.

Furthermore, for temporary defensive purposes and in case of unusually large cash inflows or redemptions, the fund may invest without limitation in cash, cash equivalents, money market securities, or other high quality fixed-income securities.

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 U.S. and foreign companies.

A foreign company is determined to be foreign on the basis of its domicile, its principal place of business, its primary stock exchange listing, and/or the source of its revenues.

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

The team assesses the estimated intrinsic value of a company based on a company’s earnings, cash flow generation, and/or asset value of the underlying business.

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 30% of its net assets in securities of companies located in emerging markets.

Also, the fund may invest up to 5% of its net assets in any one company.

From time to time, the fund may invest more than 20% of its net assets in any market sector, such as the financial sector or healthcare sector.

The fund will invest in at least three different countries, and invest at least 40% of its net assets outside of the United States.

However, if conditions are not favorable, the fund may invest at least 30% of its net assets outside of the United States.

The fund may invest from time to time in cash or short-term cash equivalent securities either as part of its overall investment strategy or for temporary defensive purposes in response to adverse market, economic, political or other conditions.

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 U.S. and foreign companies.

A foreign company is determined to be foreign on the basis of its domicile, its principal place of business, its primary stock exchange listing, and/or the source of its revenues.

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

The team assesses the estimated intrinsic value of a company based on a company’s earnings, cash flow generation, and/or asset value of the underlying business.

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 30% of its net assets in securities of companies located in emerging markets.

Also, the fund may invest up to 5% of its net assets in any one company.

From time to time, the fund may invest more than 20% of its net assets in any market sector, such as the financial sector or healthcare sector.

The fund will invest in at least three different countries, and invest at least 40% of its net assets outside of the United States.

However, if conditions are not favorable, the fund may invest at least 30% of its net assets outside of the United States.

The fund may invest from time to time in cash or short-term cash equivalent securities either as part of its overall investment strategy or for temporary defensive purposes in response to adverse market, economic, political or other conditions.

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 U.S. and foreign companies.

A foreign company is determined to be foreign on the basis of its domicile, its principal place of business, its primary stock exchange listing, and/or the source of its revenues.

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

The team assesses the estimated intrinsic value of a company based on a company’s earnings, cash flow generation, and/or asset value of the underlying business.

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 30% of its net assets in securities of companies located in emerging markets.

Also, the fund may invest up to 5% of its net assets in any one company.

From time to time, the fund may invest more than 20% of its net assets in any market sector, such as the financial sector or healthcare sector.

The fund will invest in at least three different countries, and invest at least 40% of its net assets outside of the United States.

However, if conditions are not favorable, the fund may invest at least 30% of its net assets outside of the United States.

The fund may invest from time to time in cash or short-term cash equivalent securities either as part of its overall investment strategy or for temporary defensive purposes in response to adverse market, economic, political or other conditions.

The fund seeks capital appreciation in the long term by investing in companies across sany 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 a globally-diversified portfolio of securities.

The team focuses on securities of well-established companies with large market capitalizations as well as small, unseasoned companies.

In addition, the team considers the company’s financial strength, earnings and cash flow forecast and quality of management.

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 manager invests at least 40% of the fund’s net assets in securities of foreign issuers.

According to the manager, securities of foreign issuers are organized under the laws of a foreign country or that have a substantial portion of their operations or assets in a foreign country or countries, or that derive a substantial portion of their revenue or profits from businesses, investments or sales outside of the United States.

The fund may also invest in foreign securities through American Depositary Receipts or similar depository arrangements, and in securities of issuers in emerging markets to a significant extent.

Also, the fund relies on a top-down approach of diversification by company, industry, sector, country and currency and focusing on macro-level investment themes.

The fund seeks capital appreciation in the long term by investing in companies across sany 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 a globally-diversified portfolio of securities.

The team focuses on securities of well-established companies with large market capitalizations as well as small, unseasoned companies.

In addition, the team considers the company’s financial strength, earnings and cash flow forecast and quality of management.

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 manager invests at least 40% of the fund’s net assets in securities of foreign issuers.

According to the manager, securities of foreign issuers are organized under the laws of a foreign country or that have a substantial portion of their operations or assets in a foreign country or countries, or that derive a substantial portion of their revenue or profits from businesses, investments or sales outside of the United States.

The fund may also invest in foreign securities through American Depositary Receipts or similar depository arrangements, and in securities of issuers in emerging markets to a significant extent.

Also, the fund relies on a top-down approach of diversification by company, industry, sector, country and currency and focusing on macro-level investment themes.

The fund seeks capital appreciation in the long term by investing in companies across sany 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 a globally-diversified portfolio of securities.

The team focuses on securities of well-established companies with large market capitalizations as well as small, unseasoned companies.

In addition, the team considers the company’s financial strength, earnings and cash flow forecast and quality of management.

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 manager invests at least 40% of the fund’s net assets in securities of foreign issuers.

According to the manager, securities of foreign issuers are organized under the laws of a foreign country or that have a substantial portion of their operations or assets in a foreign country or countries, or that derive a substantial portion of their revenue or profits from businesses, investments or sales outside of the United States.

The fund may also invest in foreign securities through American Depositary Receipts or similar depository arrangements, and in securities of issuers in emerging markets to a significant extent.

Also, the fund relies on a top-down approach of diversification by company, industry, sector, country and currency and focusing on macro-level investment themes.

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 in securities of companies located throughout the world.

Then the research team focuses on factors such as quality, valuation, catalyst, and hurdle rate.

The team favors companies that have superior competitive positions within their sector or industry, and offer a track record of innovation and product leadership as well as good pricing and cost discipline.

Also, the team prefers companies exhibiting financial characteristics such as low leverage and sufficient liquidity.

The research process is driven by fundamental analysis of one stock at a time. When evaluating individual securities, the research team relies on valuation multiples such as earnings and book value.

In addition, the team looks for companies with the presence of near-term catalysts that can change investor perception.

Finally, the team considers companies that have the ability to generate a significant investment return consisting of both capital appreciation and dividend income.

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

The portfolio holds between 20 and 30 stocks.

The manager invests at least 40% (or, if conditions are not favorable, invests at least 30%) of the fund’s net assets in foreign companies.

Also, the investment team considers a company to be a foreign company if 50% of the company’s assets are located outside of the United States, or 50% of the company’s revenues are generated outside of the United States, or the company is domiciled or doing a substantial amount of business outside of the United States.

The majority of these companies operate in established markets; however, the fund may invest up to 25% of its net assets in securities of companies in emerging market countries.

Additionally, an emerging market country is any country to have an emerging market economy, considering factors such as the country’s credit rating, its political and economic stability and the development of its financial and capital markets.

Also, the fund invests in at least three different countries.

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 in securities of companies located throughout the world.

Then the research team focuses on factors such as quality, valuation, catalyst, and hurdle rate.

The team favors companies that have superior competitive positions within their sector or industry, and offer a track record of innovation and product leadership as well as good pricing and cost discipline.

Also, the team prefers companies exhibiting financial characteristics such as low leverage and sufficient liquidity.

The research process is driven by fundamental analysis of one stock at a time. When evaluating individual securities, the research team relies on valuation multiples such as earnings and book value.

In addition, the team looks for companies with the presence of near-term catalysts that can change investor perception.

Finally, the team considers companies that have the ability to generate a significant investment return consisting of both capital appreciation and dividend income.

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

The portfolio holds between 45 and 55 stocks.

The manager invests at least 40% (or, if conditions are not favorable, invests at least 30%) of the fund’s net assets in foreign companies.

Also, the investment team considers a company to be a foreign company if 50% of the company’s assets are located outside of the United States, or 50% of the company’s revenues are generated outside of the United States, or the company is domiciled or doing a substantial amount of business outside of the United States.

The majority of these companies operate in established markets; however, the fund may invest up to 25% of its net assets in securities of companies in emerging market countries.

Additionally, an emerging market country is any country to have an emerging market economy, considering factors such as the country’s credit rating, its political and economic stability and the development of its financial and capital markets.

Also, the fund invests in at least three different countries.

The fund invests in other mutual funds and exchange traded funds to deliver a certain risk and return profile.

The multi-cap global funds is diversified in large and mid-cap focused funds in the U.S. and has exposure to developed markets of Europe and Asia and an allocation to emerging markets.

The fund also adjusts its allocation across stocks and bonds based on market conditions and macro-economic developments using rules based discipline.

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 across various asset classes and sectors of the US, foreign and emerging markets equity, fixed income and commodities markets.

The strategy achieves its equity, fixed income and commodities market exposures principally through investing in exchange-traded funds, open-end funds and closed-end funds (Underlying Funds).

The team evaluates companies on the basis of economic growth, unemployment, inflation as well as consideration of monetary or fiscal policy.

Also, the team looks to capitalize on temporary differences in relative prices of broad asset classes as well as regional and sector exposure.

In addition, the team seeks to take advantage of upward trends or downwards trends in an asset class, region, sector, industry or security.

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 relies on research data and market reports of multiple research providers for allocation of the fund’s net assets between equities, fixed income and commodities.

The fund may also have commodities investment exposure to diversified commodities, metals, energy and agriculture.

The fixed income securities in which the fund invests are US government securities and investment grade and non-investment grade US, foreign and emerging market corporate debt of any maturity.

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 across various asset classes and sectors of the US, foreign and emerging markets equity, fixed income and commodities markets.

The strategy achieves its equity, fixed income and commodities market exposures principally through investing in exchange-traded funds, open-end funds and closed-end funds (Underlying Funds).

The team evaluates companies on the basis of economic growth, unemployment, inflation as well as consideration of monetary or fiscal policy.

Also, the team looks to capitalize on temporary differences in relative prices of broad asset classes as well as regional and sector exposure.

In addition, the team seeks to take advantage of upward trends or downwards trends in an asset class, region, sector, industry or security.

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 relies on research data and market reports of multiple research providers for allocation of the fund’s net assets between equities, fixed income and commodities.

The fund may also have commodities investment exposure to diversified commodities, metals, energy and agriculture.

The fixed income securities in which the fund invests are US government securities and investment grade and non-investment grade US, foreign and emerging market corporate debt of any maturity.

The fund seeks capital appreciation in the long term and current 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 U.S. and foreign equity securities and in debt securities. 

The team prefers established companies in countries with developed economies.

In selecting securities for the portfolio, the research team focuses on companies with capital appreciation and earnings growth potential, durable franchise value, and interest or dividend income.

The team also considers the price of a security relative to its peers.

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

Also, the fund invests at least 40% of its net assets in the securities of, and depositary receipts represented by, foreign issuers.

The fund considers an issuer to be a foreign issuer if the issuer is organized under the laws of a jurisdiction other than those of the United States, or the securities of the issuer are listed on stock exchange outside the United States regardless of the country in which the issuer is organized.

In addition, the team considers an issuer to be a foreign issuer if the issuer derives 50% or more of its total revenue from goods and/or services produced or sold outside of the United States, or the securities are issued or guaranteed by government entities other than the United States.

The fund may invest in emerging market countries, and in securities denominated in any currency.

In addition, the fund may invest in depositary receipts, including American Depositary Receipts, Global Depositary Receipts, and European Depositary Receipts.

The fund may invest in companies that focus on natural resources production, refining and development.

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 in a select few global public equities.

In selecting securities for the portfolio, the team travels globally to learn about a company’s customers, appraise its competitors, meet its managers, visit its facilities, and survey its operations in action.

The team relies on four core criteria such as Circle of Competence, Business, People, and Price when evaluating investment opportunities.

In the Circle of Competence sleeve, the team looks to understand the core economics of a business and reliably predict its financial prospects.

As part of the Business sleeve, the team evaluates whether a business has durable competitive advantages that produce predictable free cash flows and yield attractive returns on equity over an extended period of time.

In the People sleeve, the team focuses on trustworthiness and intellectual honesty of management teams.

Finally in the Price sleeve, the 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 portfolio holds securities of both U.S. and foreign issuers without regard to industry/sector.

Also, the fund may invest up to 100% of its net assets in foreign securities with up to 60% of those from emerging markets.

The fund may also hold up to 60% of its net assets in foreign debt.

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 seeks to invest in stocks issued by both United States and foreign companies, including countries with developed or emerging markets.

The research team utilizes a proprietary screening process to look for companies with a capable management team, a sustainable franchise and business model, and durable competitive advantages.

The research process is driven by fundamental analysis of one stock at a time. The team relies on fundamental analysis to purchase companies that are trading at discounts to their estimated intrinsic value.

As part of its process, the research team also meets with company management.

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 at least 40% of its net assets and at least 30% of its net assets if market conditions are not deemed favorable in issuers organized or located outside of the U.S., or whose primary trading market is located outside the U.S., or doing a substantial amount of business outside the U.S.

Also, the fund will invest in issuers representing at least three different countries.

These non-U.S. company investments may include American Depositary Receipts and Global Depositary Receipts.

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

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

Next, the research team seeks to invest in stocks issued by both United States and foreign companies, including countries with developed or emerging markets.

The research team utilizes a proprietary screening process to look for companies with a capable management team, a sustainable franchise and business model, and durable competitive advantages.

The research process is driven by fundamental analysis of one stock at a time. The team relies on fundamental analysis to purchase companies that are trading at discounts to their estimated intrinsic value.

As part of its process, the research team also meets with company management.

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 at least 40% of its net assets and at least 30% of its net assets if market conditions are not deemed favorable in issuers organized or located outside of the U.S., or whose primary trading market is located outside the U.S., or doing a substantial amount of business outside the U.S.

Also, the fund will invest in issuers representing at least three different countries.

These non-U.S. company investments may include American Depositary Receipts and Global Depositary Receipts.

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

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

Next, the research team seeks to invest in stocks issued by both United States and foreign companies, including countries with developed or emerging markets.

The research team utilizes a proprietary screening process to look for companies with a capable management team, a sustainable franchise and business model, and durable competitive advantages.

The research process is driven by fundamental analysis of one stock at a time. The team relies on fundamental analysis to purchase companies that are trading at discounts to their estimated intrinsic value.

As part of its process, the research team also meets with company management.

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 at least 40% of its net assets and at least 30% of its net assets if market conditions are not deemed favorable in issuers organized or located outside of the U.S., or whose primary trading market is located outside the U.S., or doing a substantial amount of business outside the U.S.

Also, the fund will invest in issuers representing at least three different countries.

These non-U.S. company investments may include American Depositary Receipts and Global Depositary Receipts.

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

The 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 allocates the fund’s net assets to Underlying Funds that invest in domestic and international equity securities.

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

In addition, the manager further diversifies the portfolio by allocating the fund’s net assets among Underlying Funds that represent a variety of different asset classes, such as large capitalization, small capitalization and emerging markets stocks, as well as real estate securities.

The fund also purchases international equity Underlying Funds that purchase a broad and diverse portfolio of securities of companies in developed and emerging markets across market capitalizations with an emphasis on smaller capitalization, lower relative price, and higher profitability companies.

Additionally, the fund purchases an international equity Underlying Fund that invests in publicly traded REITs and REIT-like entities.

Also, the fund and Underlying Funds may lend their portfolio securities to generate additional income.
 

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 allocates the fund’s net assets to Underlying Funds that invest in domestic and international equity securities.

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

In addition, the manager further diversifies the portfolio by allocating the fund’s net assets among Underlying Funds that represent a variety of different asset classes, such as large capitalization, small capitalization and emerging markets stocks, as well as real estate securities.

The fund also purchases international equity Underlying Funds that purchase a broad and diverse portfolio of securities of companies in developed and emerging markets across market capitalizations with an emphasis on smaller capitalization, lower relative price, and higher profitability companies.

Additionally, the fund purchases an international equity Underlying Fund that invests in publicly traded REITs and REIT-like entities.

Also, the fund and Underlying Funds may lend their portfolio securities to generate additional income.
 

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

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

The fund manages assets with the help of two sub-advisers namely Dimensional Fund Advisors Ltd. and DFA Australia Limited.

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.

The process employs a fund of funds strategy, which means the Portfolio generally allocates its assets among other mutual funds managed by Dimensional Fund Advisors LP.

The Underlying Funds are U.S. Core Equity 2 Portfolio, International Core Equity Portfolio and Emerging Markets Core Equity Portfolio.

Next, the research team focuses on securities of both U.S. companies and non-U.S. companies associated with countries with developed and emerging markets, including frontier markets (emerging markets in an earlier stage of development)

The team seeks to buy shares of the Underlying Funds.

In assessing relative price, the team relies on valuation multiples such as cash flow or earnings.

However, in assessing profitability, the team considers ratios of earnings or profits from operations relative to book value or assets.

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 considers the relative market capitalization weighting of developed and emerging markets within the universe of eligible securities along with different valuation ratios and/or profitability, when allocating investments among the Underlying Funds or securities.

Also, the fund and Underlying Funds may lend their portfolio securities to generate additional income.

The fund invests directly or indirectly through its investment in the Underlying Funds in securities that may be denominated in foreign currencies.

Also, the fund may hedge some or all of the currency exposure of the foreign securities by entering into foreign currency forward contracts, futures or other derivatives.

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

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

Next, the research team focuses on companies that are estimated to trade below their fair values for temporary reasons but have long-term growth potential.

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 the underlying financial condition and prospects of individual companies, including future earnings, cash flow, and dividends.

Other factors in consideration would be financial strength, economic condition, competitive advantage, quality of the business franchise, and competence of a company’s management team.

The team also considers the economic and political stability of the country where the issuer is located and the protections provided to shareholders.

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 invests in securities issued by companies from at least three different countries, which may include emerging market countries.

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

The fund may enter into currency forward contracts, currency swaps, or currency futures contracts to hedge direct and/or indirect foreign currency exposure.

The fund invests primarily in a diversified portfolio of securities issued by companies from at least three different countries, including emerging market countries.

The fund seeks total return including capital appreciation and current income through investing in equities, bonds, currencies and commodities.  

The investment process combines the top down macro-economic views with bottom-up research in deciding allocation among asset classes based on the research team’s broad market view.

The fund has the flexibility in investing any asset classes as long as it meets risk guidelines.

The fund seeks total return including capital appreciation and current income through investing in equities, bonds, currencies and commodities.  

The investment process combines the top down macro-economic views with bottom-up research in deciding allocation among asset classes based on the research team’s broad market view.

The fund has the flexibility in investing any asset classes as long as it meets risk guidelines.

The fund seeks total return including capital appreciation and current income through investing in equities, bonds, currencies and commodities.  

The investment process combines the top down macro-economic views with bottom-up research in deciding allocation among asset classes based on the research team’s broad market view.

The fund has the flexibility in investing any asset classes as long as it meets risk guidelines.

The fund seeks total return including capital appreciation and current income through investing in equities, bonds, currencies and commodities.  

The investment process combines the top down macro-economic views with bottom-up research in deciding allocation among asset classes based on the research team’s broad market view.

The fund has the flexibility in investing any asset classes as long as it meets risk guidelines.

The fund seeks total return including capital appreciation and current income through investing in equities, bonds, currencies and commodities.  

The investment process combines the top down macro-economic views with bottom-up research in deciding allocation among asset classes based on the research team’s broad market view.

The fund has the flexibility in investing any asset classes as long as it meets risk guidelines.

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 issued throughout the world.

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 allocates investments across different countries and regions.
 

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 issued throughout the world.

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 allocates investments across different countries and regions.
 

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 issued throughout the world.

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 allocates investments across different countries and regions.
 

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 issued throughout the world.

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 allocates investments across different countries and regions.
 

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

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

Next, the research team Invests in securities issued throughout the world.

The team focuses on high-quality companies exhibiting above-average growth prospects and that are trading at reasonable prices.

Additionally, the team considers companies that have stable and high returns on capital, sustainable competitive positions, consistent profitability, superior free-cash-flow generation, balance sheet strength and management teams whose interests are aligned with those of shareholders.

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 allocates investments across different countries and regions.

The fund seeks total return 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.

The process employs a fund of funds strategy and seeks to outperform the benchmark index.

Next, the research team invests in U.S. and non-U.S. markets (including emerging markets) through its investment in the Equity Funds and Risk Premium Fund (collectively, the underlying GMO 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 also may invest directly in securities (including other underlying funds) and derivatives.

Additionally, the fund invests significantly in equities tied economically to developed markets, and also may invest in Emerging Markets Fund.

In addition, the fund may lend its portfolio securities.

The fund also may invest in U.S. Treasury Fund, in money market funds unaffiliated with GMO, and directly in the types of investments typically held by money market funds.

The fund seeks total return 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.

The process seeks to outperform the benchmark index.

Next, the research team invests in non-U.S. and U.S. equity markets.

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.

In addition, the team utilizes multi-year forecasts of returns among asset classes to construct a portfolio.

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 companies based in the United States and other developed markets, as well as in emerging and frontier markets.

The team relies on fundamental analysis to look for well-managed companies with financial strength.

Other factors in consideration are fast-growing companies that are competitive and trading at reasonable valuations relative to their estimated value.

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

The portfolio is diversified across dimensions of geography, industry, currency, and market capitalization.

Also, the portfolio normally holds investments across at least 15 countries.

The fund will invest in securities of companies domiciled in Europe, the Pacific Rim, the United States, Canada, and Mexico and countries with emerging or frontier markets.

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 companies based in the United States and other developed markets, as well as in emerging and frontier markets.

The team relies on fundamental analysis to look for well-managed companies with financial strength.

Other factors in consideration are fast-growing companies that are competitive and trading at reasonable valuations relative to their estimated value.

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

The portfolio is diversified across dimensions of geography, industry, currency, and market capitalization.

Also, the portfolio normally holds investments across at least 15 countries.

The fund will invest in securities of companies domiciled in Europe, the Pacific Rim, the United States, Canada, and Mexico and countries with emerging or frontier markets.

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 companies based in the United States and other developed markets, as well as in emerging and frontier markets.

The team relies on fundamental analysis to look for well-managed companies with financial strength.

Other factors in consideration are fast-growing companies that are competitive and trading at reasonable valuations relative to their estimated value.

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

The portfolio is diversified across dimensions of geography, industry, currency, and market capitalization.

Also, the portfolio normally holds investments across at least 15 countries.

The fund will invest in securities of companies domiciled in Europe, the Pacific Rim, the United States, Canada, and Mexico and countries with emerging or frontier markets.

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 in companies based in the United States and other developed markets, as well as in emerging and frontier markets.

The team relies on fundamental analysis to look for well-managed companies with financial strength.

Other factors in consideration are fast-growing companies that are competitive and trading at reasonable valuations relative to their estimated 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 manager invests broadly in companies domiciled in Europe, the Pacific Rim, the United States, Canada, and Mexico, and countries with emerging or frontier markets.
 

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

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

The fund manages assets with the help of two sub-advisers namely Wellington Management Company LLP, and Schroder Investment Management North America Inc.

Each sub-adviser manages its segment of the fund’s assets to correspond with its distinct investment style and strategy.

The fund’s sub-sub-adviser is Schroder Investment Management North America Limited.

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 securities of U.S. and foreign issuers, including non-dollar securities and securities of emerging market issuers.

The team focuses on securities of issuers that seek opportunities to address or benefit from climate change, which include companies classified as promoting clean and/or efficient energy, sustainable transportation, water and/or resource management.

In addition, the team favors companies exhibiting low-carbon leadership and businesses that service such companies.

Wellington seeks to identify attractive companies that address environmental challenges and/or seek to improve the efficiency of resource consumption.

Schroder focuses on companies that have already recognized threats posed by climate change and form part of the solution to problems arising from climate change.

Also, Schroder prefers companies that seek to benefit from efforts to accommodate or limit the impact of global climate change.

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 generally does not invest in major fossil fuel companies.

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

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

The fund manages assets with the help of two sub-advisers namely Wellington Management Company LLP, and Schroder Investment Management North America Inc.

Each sub-adviser manages its segment of the fund’s assets to correspond with its distinct investment style and strategy.

The fund’s sub-sub-adviser is Schroder Investment Management North America Limited.

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 securities of U.S. and foreign issuers, including non-dollar securities and securities of emerging market issuers.

The team focuses on securities of issuers that seek opportunities to address or benefit from climate change, which include companies classified as promoting clean and/or efficient energy, sustainable transportation, water and/or resource management.

In addition, the team favors companies exhibiting low-carbon leadership and businesses that service such companies.

Wellington seeks to identify attractive companies that address environmental challenges and/or seek to improve the efficiency of resource consumption.

Schroder focuses on companies that have already recognized threats posed by climate change and form part of the solution to problems arising from climate change.

Also, Schroder prefers companies that seek to benefit from efforts to accommodate or limit the impact of global climate change.

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 generally does not invest in major fossil fuel companies.

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

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

The fund manages assets with the help of two sub-advisers namely Wellington Management Company LLP, and Schroder Investment Management North America Inc.

Each sub-adviser manages its segment of the fund’s assets to correspond with its distinct investment style and strategy.

The fund’s sub-sub-adviser is Schroder Investment Management North America Limited.

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 securities of U.S. and foreign issuers, including non-dollar securities and securities of emerging market issuers.

The team focuses on securities of issuers that seek opportunities to address or benefit from climate change, which include companies classified as promoting clean and/or efficient energy, sustainable transportation, water and/or resource management.

In addition, the team favors companies exhibiting low-carbon leadership and businesses that service such companies.

Wellington seeks to identify attractive companies that address environmental challenges and/or seek to improve the efficiency of resource consumption.

Schroder focuses on companies that have already recognized threats posed by climate change and form part of the solution to problems arising from climate change.

Also, Schroder prefers companies that seek to benefit from efforts to accommodate or limit the impact of global climate change.

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 generally does not invest in major fossil fuel companies.

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

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

The fund manages assets with the help of two sub-advisers namely Wellington Management Company LLP, and Schroder Investment Management North America Inc.

Each sub-adviser manages its segment of the fund’s assets to correspond with its distinct investment style and strategy.

The fund’s sub-sub-adviser is Schroder Investment Management North America Limited.

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 securities of U.S. and foreign issuers, including non-dollar securities and securities of emerging market issuers.

The team focuses on securities of issuers that seek opportunities to address or benefit from climate change, which include companies classified as promoting clean and/or efficient energy, sustainable transportation, water and/or resource management.

In addition, the team favors companies exhibiting low-carbon leadership and businesses that service such companies.

Wellington seeks to identify attractive companies that address environmental challenges and/or seek to improve the efficiency of resource consumption.

Schroder focuses on companies that have already recognized threats posed by climate change and form part of the solution to problems arising from climate change.

Also, Schroder prefers companies that seek to benefit from efforts to accommodate or limit the impact of global climate change.

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 generally does not invest in major fossil fuel companies.

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

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

The fund manages assets with the help of two sub-advisers namely Wellington Management Company LLP, and Schroder Investment Management North America Inc.

Each sub-adviser manages its segment of the fund’s assets to correspond with its distinct investment style and strategy.

The fund’s sub-sub-adviser is Schroder Investment Management North America Limited.

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 securities of U.S. and foreign issuers, including non-dollar securities and securities of emerging market issuers.

The team focuses on securities of issuers that seek opportunities to address or benefit from climate change, which include companies classified as promoting clean and/or efficient energy, sustainable transportation, water and/or resource management.

In addition, the team favors companies exhibiting low-carbon leadership and businesses that service such companies.

Wellington seeks to identify attractive companies that address environmental challenges and/or seek to improve the efficiency of resource consumption.

Schroder focuses on companies that have already recognized threats posed by climate change and form part of the solution to problems arising from climate change.

Also, Schroder prefers companies that seek to benefit from efforts to accommodate or limit the impact of global climate change.

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 generally does not invest in major fossil fuel companies.

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

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

The fund manages assets with the help of two sub-advisers namely Wellington Management Company LLP, and Schroder Investment Management North America Inc.

Each sub-adviser manages its segment of the fund’s assets to correspond with its distinct investment style and strategy.

The fund’s sub-sub-adviser is Schroder Investment Management North America Limited.

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 securities of U.S. and foreign issuers, including non-dollar securities and securities of emerging market issuers.

The team focuses on securities of issuers that seek opportunities to address or benefit from climate change, which include companies classified as promoting clean and/or efficient energy, sustainable transportation, water and/or resource management.

In addition, the team favors companies exhibiting low-carbon leadership and businesses that service such companies.

Wellington seeks to identify attractive companies that address environmental challenges and/or seek to improve the efficiency of resource consumption.

Schroder focuses on companies that have already recognized threats posed by climate change and form part of the solution to problems arising from climate change.

Also, Schroder prefers companies that seek to benefit from efforts to accommodate or limit the impact of global climate change.

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 generally does not invest in major fossil fuel companies.

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

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

The fund manages assets with the help of two sub-advisers namely Wellington Management Company LLP, and Schroder Investment Management North America Inc.

Each sub-adviser manages its segment of the fund’s assets to correspond with its distinct investment style and strategy.

The fund’s sub-sub-adviser is Schroder Investment Management North America Limited.

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 securities of U.S. and foreign issuers, including non-dollar securities and securities of emerging market issuers.

The team focuses on securities of issuers that seek opportunities to address or benefit from climate change, which include companies classified as promoting clean and/or efficient energy, sustainable transportation, water and/or resource management.

In addition, the team favors companies exhibiting low-carbon leadership and businesses that service such companies.

Wellington seeks to identify attractive companies that address environmental challenges and/or seek to improve the efficiency of resource consumption.

Schroder focuses on companies that have already recognized threats posed by climate change and form part of the solution to problems arising from climate change.

Also, Schroder prefers companies that seek to benefit from efforts to accommodate or limit the impact of global climate change.

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 generally does not invest in major fossil fuel companies.

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

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

The fund manages assets with the help of two sub-advisers namely Wellington Management Company LLP, and Schroder Investment Management North America Inc.

Each sub-adviser manages its segment of the fund’s assets to correspond with its distinct investment style and strategy.

The fund’s sub-sub-adviser is Schroder Investment Management North America Limited.

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 securities of U.S. and foreign issuers, including non-dollar securities and securities of emerging market issuers.

The team focuses on securities of issuers that seek opportunities to address or benefit from climate change, which include companies classified as promoting clean and/or efficient energy, sustainable transportation, water and/or resource management.

In addition, the team favors companies exhibiting low-carbon leadership and businesses that service such companies.

Wellington seeks to identify attractive companies that address environmental challenges and/or seek to improve the efficiency of resource consumption.

Schroder focuses on companies that have already recognized threats posed by climate change and form part of the solution to problems arising from climate change.

Also, Schroder prefers companies that seek to benefit from efforts to accommodate or limit the impact of global climate change.

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 generally does not invest in major fossil fuel companies.

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

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

The fund manages assets with the help of two sub-advisers namely Wellington Management Company LLP, and Schroder Investment Management North America Inc.

Each sub-adviser manages its segment of the fund’s assets to correspond with its distinct investment style and strategy.

The fund’s sub-sub-adviser is Schroder Investment Management North America Limited.

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 securities of U.S. and foreign issuers, including non-dollar securities and securities of emerging market issuers.

The team focuses on securities of issuers that seek opportunities to address or benefit from climate change, which include companies classified as promoting clean and/or efficient energy, sustainable transportation, water and/or resource management.

In addition, the team favors companies exhibiting low-carbon leadership and businesses that service such companies.

Wellington seeks to identify attractive companies that address environmental challenges and/or seek to improve the efficiency of resource consumption.

Schroder focuses on companies that have already recognized threats posed by climate change and form part of the solution to problems arising from climate change.

Also, Schroder prefers companies that seek to benefit from efforts to accommodate or limit the impact of global climate change.

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 generally does not invest in major fossil fuel companies.

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

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

Next, the research team invests in equity securities, depositary receipts, and in derivatives and other instruments that have economic characteristics similar to such securities.

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 durable competitive advantages and provide opportunities for long-term growth.

In addition; the team focuses on companies with proven management teams that allocate capital prudently.

The team also considers companies that are attractively priced relative to their estimated intrinsic value.

As part of the process, the team reviews a company’s financial information, competitive position and its future prospects.

The team may also meet with the company’s management and take into account general industry and economic trends.

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 will invest in companies economically tied to at least three different countries, including the U.S.

Also, the fund may invest at least 40%, unless market conditions are not deemed favorable, in which case at least 30%, of the fund’s net assets in companies that are economically tied to countries other than the U.S.

The fund may invest up to 20% of its net assets in securities of issuers located in emerging markets countries, i.e., those that are generally in the early stages of their industrial cycles.

The fund may also invest in China A shares.

The fund has the flexibility to invest across all market capitalizations, but will generally invest significantly in large capitalization companies.

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

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

Next, the research team invests in equity securities, depositary receipts, and in derivatives and other instruments that have economic characteristics similar to such securities.

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 durable competitive advantages and provide opportunities for long-term growth.

In addition; the team focuses on companies with proven management teams that allocate capital prudently.

The team also considers companies that are attractively priced relative to their estimated intrinsic value.

As part of the process, the team reviews a company’s financial information, competitive position and its future prospects.

The team may also meet with the company’s management and take into account general industry and economic trends.

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 will invest in companies economically tied to at least three different countries, including the U.S.

Also, the fund may invest at least 40%, unless market conditions are not deemed favorable, in which case at least 30%, of the fund’s net assets in companies that are economically tied to countries other than the U.S.

The fund may invest up to 20% of its net assets in securities of issuers located in emerging markets countries, i.e., those that are generally in the early stages of their industrial cycles.

The fund may also invest in China A shares.

The fund has the flexibility to invest across all market capitalizations, but will generally invest significantly in large capitalization companies.

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

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

Next, the research team invests in equity securities, depositary receipts, and in derivatives and other instruments that have economic characteristics similar to such securities.

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 durable competitive advantages and provide opportunities for long-term growth.

In addition; the team focuses on companies with proven management teams that allocate capital prudently.

The team also considers companies that are attractively priced relative to their estimated intrinsic value.

As part of the process, the team reviews a company’s financial information, competitive position and its future prospects.

The team may also meet with the company’s management and take into account general industry and economic trends.

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 will invest in companies economically tied to at least three different countries, including the U.S.

Also, the fund may invest at least 40%, unless market conditions are not deemed favorable, in which case at least 30%, of the fund’s net assets in companies that are economically tied to countries other than the U.S.

The fund may invest up to 20% of its net assets in securities of issuers located in emerging markets countries, i.e., those that are generally in the early stages of their industrial cycles.

The fund may also invest in China A shares.

The fund has the flexibility to invest across all market capitalizations, but will generally invest significantly in large capitalization companies.

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

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

Next, the research team invests in equity securities, depositary receipts, and in derivatives and other instruments that have economic characteristics similar to such securities.

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 durable competitive advantages and provide opportunities for long-term growth.

In addition; the team focuses on companies with proven management teams that allocate capital prudently.

The team also considers companies that are attractively priced relative to their estimated intrinsic value.

As part of the process, the team reviews a company’s financial information, competitive position and its future prospects.

The team may also meet with the company’s management and take into account general industry and economic trends.

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 will invest in companies economically tied to at least three different countries, including the U.S.

Also, the fund may invest at least 40%, unless market conditions are not deemed favorable, in which case at least 30%, of the fund’s net assets in companies that are economically tied to countries other than the U.S.

The fund may invest up to 20% of its net assets in securities of issuers located in emerging markets countries, i.e., those that are generally in the early stages of their industrial cycles.

The fund may also invest in China A shares.

The fund has the flexibility to invest across all market capitalizations, but will generally invest significantly in large capitalization companies.

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

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

Next, the research team invests in equity securities, depositary receipts, and in derivatives and other instruments that have economic characteristics similar to such securities.

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 durable competitive advantages and provide opportunities for long-term growth.

In addition; the team focuses on companies with proven management teams that allocate capital prudently.

The team also considers companies that are attractively priced relative to their estimated intrinsic value.

As part of the process, the team reviews a company’s financial information, competitive position and its future prospects.

The team may also meet with the company’s management and take into account general industry and economic trends.

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 will invest in companies economically tied to at least three different countries, including the U.S.

Also, the fund may invest at least 40%, unless market conditions are not deemed favorable, in which case at least 30%, of the fund’s net assets in companies that are economically tied to countries other than the U.S.

The fund may invest up to 20% of its net assets in securities of issuers located in emerging markets countries, i.e., those that are generally in the early stages of their industrial cycles.

The fund may also invest in China A shares.

The fund has the flexibility to invest across all market capitalizations, but will generally invest significantly in large capitalization companies.

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

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

Next, the research team invests in equity securities, depositary receipts, and in derivatives and other instruments that have economic characteristics similar to such securities.

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 durable competitive advantages and provide opportunities for long-term growth.

In addition; the team focuses on companies with proven management teams that allocate capital prudently.

The team also considers companies that are attractively priced relative to their estimated intrinsic value.

As part of the process, the team reviews a company’s financial information, competitive position and its future prospects.

The team may also meet with the company’s management and take into account general industry and economic trends.

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 will invest in companies economically tied to at least three different countries, including the U.S.

Also, the fund may invest at least 40%, unless market conditions are not deemed favorable, in which case at least 30%, of the fund’s net assets in companies that are economically tied to countries other than the U.S.

The fund may invest up to 20% of its net assets in securities of issuers located in emerging markets countries, i.e., those that are generally in the early stages of their industrial cycles.

The fund may also invest in China A shares.

The fund has the flexibility to invest across all market capitalizations, but will generally invest significantly in large capitalization companies.

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

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

Next, the research team invests in the securities of represented in the MSCI World SRI Index (the Underlying Index) and in derivatives and other instruments that have economic characteristics similar to such securities.

The Underlying Index includes common stocks of large- and mid-capitalization companies from 23 developed market countries, including the U.S.

In addition, the team employs a sampling methodology wherein the fund seeks to replicate the composition of the Underlying Index, holding each security in approximately the same proportion as its weighting in the Underlying Index.

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 can utilize exchange-traded futures contracts, including index futures, to gain exposure to equity securities represented in the Underlying Index while managing cash balances.

In seeking to track the Underlying Index, the fund may from time to time have significant exposure to a particular sector.

The Underlying Index excludes companies if they have any tie to controversial weapons, are manufacturers or producers of civilian firearms, nuclear weapons, or tobacco;.

Also, the Underlying Index excludes companies that generate revenues from alcohol, adult entertainment, conventional weapons, gambling, genetically modified organisms, nuclear power, fossil fuel extraction, or thermal coal power that exceed the business involvement thresholds determined by MSCI, or that have evidence of ownership of fossil fuel reserves.

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

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

Next, the research team invests in the securities of represented in the MSCI World SRI Index (the Underlying Index) and in derivatives and other instruments that have economic characteristics similar to such securities.

The Underlying Index includes common stocks of large- and mid-capitalization companies from 23 developed market countries, including the U.S.

In addition, the team employs a sampling methodology wherein the fund seeks to replicate the composition of the Underlying Index, holding each security in approximately the same proportion as its weighting in the Underlying Index.

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 can utilize exchange-traded futures contracts, including index futures, to gain exposure to equity securities represented in the Underlying Index while managing cash balances.

In seeking to track the Underlying Index, the fund may from time to time have significant exposure to a particular sector.

The Underlying Index excludes companies if they have any tie to controversial weapons, are manufacturers or producers of civilian firearms, nuclear weapons, or tobacco;.

Also, the Underlying Index excludes companies that generate revenues from alcohol, adult entertainment, conventional weapons, gambling, genetically modified organisms, nuclear power, fossil fuel extraction, or thermal coal power that exceed the business involvement thresholds determined by MSCI, or that have evidence of ownership of fossil fuel reserves.

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

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

Next, the research team invests in the securities of represented in the MSCI World SRI Index (the Underlying Index) and in derivatives and other instruments that have economic characteristics similar to such securities.

The Underlying Index includes common stocks of large- and mid-capitalization companies from 23 developed market countries, including the U.S.

In addition, the team employs a sampling methodology wherein the fund seeks to replicate the composition of the Underlying Index, holding each security in approximately the same proportion as its weighting in the Underlying Index.

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 can utilize exchange-traded futures contracts, including index futures, to gain exposure to equity securities represented in the Underlying Index while managing cash balances.

In seeking to track the Underlying Index, the fund may from time to time have significant exposure to a particular sector.

The Underlying Index excludes companies if they have any tie to controversial weapons, are manufacturers or producers of civilian firearms, nuclear weapons, or tobacco;.

Also, the Underlying Index excludes companies that generate revenues from alcohol, adult entertainment, conventional weapons, gambling, genetically modified organisms, nuclear power, fossil fuel extraction, or thermal coal power that exceed the business involvement thresholds determined by MSCI, or that have evidence of ownership of fossil fuel reserves.

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

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

Next, the research team invests in the securities of represented in the MSCI World SRI Index (the Underlying Index) and in derivatives and other instruments that have economic characteristics similar to such securities.

The Underlying Index includes common stocks of large- and mid-capitalization companies from 23 developed market countries, including the U.S.

In addition, the team employs a sampling methodology wherein the fund seeks to replicate the composition of the Underlying Index, holding each security in approximately the same proportion as its weighting in the Underlying Index.

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 can utilize exchange-traded futures contracts, including index futures, to gain exposure to equity securities represented in the Underlying Index while managing cash balances.

In seeking to track the Underlying Index, the fund may from time to time have significant exposure to a particular sector.

The Underlying Index excludes companies if they have any tie to controversial weapons, are manufacturers or producers of civilian firearms, nuclear weapons, or tobacco;.

Also, the Underlying Index excludes companies that generate revenues from alcohol, adult entertainment, conventional weapons, gambling, genetically modified organisms, nuclear power, fossil fuel extraction, or thermal coal power that exceed the business involvement thresholds determined by MSCI, or that have evidence of ownership of fossil fuel reserves.

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

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

Next, the research team invests in the securities of represented in the MSCI World SRI Index (the Underlying Index) and in derivatives and other instruments that have economic characteristics similar to such securities.

The Underlying Index includes common stocks of large- and mid-capitalization companies from 23 developed market countries, including the U.S.

In addition, the team employs a sampling methodology wherein the fund seeks to replicate the composition of the Underlying Index, holding each security in approximately the same proportion as its weighting in the Underlying Index.

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 can utilize exchange-traded futures contracts, including index futures, to gain exposure to equity securities represented in the Underlying Index while managing cash balances.

In seeking to track the Underlying Index, the fund may from time to time have significant exposure to a particular sector.

The Underlying Index excludes companies if they have any tie to controversial weapons, are manufacturers or producers of civilian firearms, nuclear weapons, or tobacco;.

Also, the Underlying Index excludes companies that generate revenues from alcohol, adult entertainment, conventional weapons, gambling, genetically modified organisms, nuclear power, fossil fuel extraction, or thermal coal power that exceed the business involvement thresholds determined by MSCI, or that have evidence of ownership of fossil fuel reserves.

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

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

Next, the research team invests in the securities of represented in the MSCI World SRI Index (the Underlying Index) and in derivatives and other instruments that have economic characteristics similar to such securities.

The Underlying Index includes common stocks of large- and mid-capitalization companies from 23 developed market countries, including the U.S.

In addition, the team employs a sampling methodology wherein the fund seeks to replicate the composition of the Underlying Index, holding each security in approximately the same proportion as its weighting in the Underlying Index.

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 can utilize exchange-traded futures contracts, including index futures, to gain exposure to equity securities represented in the Underlying Index while managing cash balances.

In seeking to track the Underlying Index, the fund may from time to time have significant exposure to a particular sector.

The Underlying Index excludes companies if they have any tie to controversial weapons, are manufacturers or producers of civilian firearms, nuclear weapons, or tobacco;.

Also, the Underlying Index excludes companies that generate revenues from alcohol, adult entertainment, conventional weapons, gambling, genetically modified organisms, nuclear power, fossil fuel extraction, or thermal coal power that exceed the business involvement thresholds determined by MSCI, or that have evidence of ownership of fossil fuel reserves.

The fund seeks to track the total return performance of a benchmark index before fees and expenses 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 a significant portion of the fund’s net assets in a combination of securities and derivatives that track the performance of the Index.

In addition, the team focuses on investments connoted by the Index.

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 concentrate its investments in a particular industry or group of industries to approximately the same extent as the Index is so concentrated.

Additionally, the fund seeks to remain fully invested at all times in securities that, in combination, provide exposure to the Index without regard to market conditions, trends or direction.

The fund seeks to track the total return performance of a benchmark index before fees and expenses 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 a significant portion of the fund’s net assets in a combination of securities and derivatives that track the performance of the Index.

In addition, the team focuses on investments connoted by the Index.

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 concentrate its investments in a particular industry or group of industries to approximately the same extent as the Index is so concentrated.

Additionally, the fund seeks to remain fully invested at all times in securities that, in combination, provide exposure to the Index without regard to market conditions, trends or direction.

The fund seeks to track the total return performance of a benchmark index before fees and expenses 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 a significant portion of the fund’s net assets in a combination of securities and derivatives that track the performance of the Index.

In addition, the team focuses on investments connoted by the Index.

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 concentrate its investments in a particular industry or group of industries to approximately the same extent as the Index is so concentrated.

Additionally, the fund seeks to remain fully invested at all times in securities that, in combination, provide exposure to the Index without regard to market conditions, trends or direction.

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 in securities of U.S. and foreign companies.

The team evaluates companies on the basis of factors such as growth, valuation, size, momentum, and beta.

In addition, the team utilizes a growth at a reasonable price strategy to identify companies with positive earnings surprises, sustainably high or increasing return on equity, and attractive valuations.

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

The fund can invest without limit in foreign securities and can invest in any country, including countries with developing or emerging markets.

Also, the fund will invest in at least three countries (one of which may be the United States) with at least 40% of its assets invested in countries other than the U.S.

However, the fund may invest at least 30% of its assets outside the U.S. when market conditions are unfavorable.

Typically, the fund invests in a number of different countries.

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 in securities of U.S. and foreign companies.

The team evaluates companies on the basis of factors such as growth, valuation, size, momentum, and beta.

In addition, the team utilizes a growth at a reasonable price strategy to identify companies with positive earnings surprises, sustainably high or increasing return on equity, and attractive valuations.

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

The fund can invest without limit in foreign securities and can invest in any country, including countries with developing or emerging markets.

Also, the fund will invest in at least three countries (one of which may be the United States) with at least 40% of its assets invested in countries other than the U.S.

However, the fund may invest at least 30% of its assets outside the U.S. when market conditions are unfavorable.

Typically, the fund invests in a number of different countries.

The fund seeks capital appreciation 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 franchise companies.

According to the team, these companies will have a leading share of industry sales, the ability to generate consistent sales growth over time, and a track record of return on capital invested in the company with a sustainable competitive advantage.

A franchise company is one whose return on invested capital over a three-year period is above its cost of capital.

The team utilizes fundamental analysis to assess a company’s health, its competitive positioning, management strength, and competitive advantages.

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 manager primarily invests in common stocks of developed and emerging companies, as well as ADRs, which trade on U.S. exchanges.

The fund may invest significantly in securities of companies in certain sectors, such as the consumer staples and consumer discretionary sectors.

The fund invests at least 40% of its net assets in issuers domiciled outside of the United States.

Additionally, the fund is a non-diversified fund, which means that it may invest in a smaller number of issuers than a diversified fund and may invest more of its assets in the securities of a single issuer.

The fund seeks capital appreciation 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 franchise companies.

According to the team, these companies will have a leading share of industry sales, the ability to generate consistent sales growth over time, and a track record of return on capital invested in the company with a sustainable competitive advantage.

A franchise company is one whose return on invested capital over a three-year period is above its cost of capital.

The team utilizes fundamental analysis to assess a company’s health, its competitive positioning, management strength, and competitive advantages.

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 manager primarily invests in common stocks of developed and emerging companies, as well as ADRs, which trade on U.S. exchanges.

The fund may invest significantly in securities of companies in certain sectors, such as the consumer staples and consumer discretionary sectors.

The fund invests at least 40% of its net assets in issuers domiciled outside of the United States.

Additionally, the fund is a non-diversified fund, which means that it may invest in a smaller number of issuers than a diversified fund and may invest more of its assets in the securities of a single issuer.

The fund seeks capital appreciation 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 franchise companies.

According to the team, these companies will have a leading share of industry sales, the ability to generate consistent sales growth over time, and a track record of return on capital invested in the company with a sustainable competitive advantage.

A franchise company is one whose return on invested capital over a three-year period is above its cost of capital.

The team utilizes fundamental analysis to assess a company’s health, its competitive positioning, management strength, and competitive advantages.

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 manager primarily invests in common stocks of developed and emerging companies, as well as ADRs, which trade on U.S. exchanges.

The fund may invest significantly in securities of companies in certain sectors, such as the consumer staples and consumer discretionary sectors.

The fund invests at least 40% of its net assets in issuers domiciled outside of the United States.

Additionally, the fund is a non-diversified fund, which means that it may invest in a smaller number of issuers than a diversified fund and may invest more of its assets in the securities of a single issuer.

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 a diversified portfolio of equity securities.

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 are estimated to trade below their fair values.

In addition, the team prefers attractive-valued companies with solid business franchises, sustainable margins/cash flow, disciplined capital allocation, experienced management teams, and balance sheet strength.

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

The fund invests at least 40% of its net assets in securities of issuers domiciled outside of the United States, including in emerging markets. This includes securities of foreign issuers that trade on U.S. exchanges.

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 a diversified portfolio of equity securities.

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 are estimated to trade below their fair values.

In addition, the team prefers attractive-valued companies with solid business franchises, sustainable margins/cash flow, disciplined capital allocation, experienced management teams, and balance sheet strength.

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

The fund invests at least 40% of its net assets in securities of issuers domiciled outside of the United States, including in emerging markets. This includes securities of foreign issuers that trade on U.S. exchanges.

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 a diversified portfolio of equity securities.

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 are estimated to trade below their fair values.

In addition, the team prefers attractive-valued companies with solid business franchises, sustainable margins/cash flow, disciplined capital allocation, experienced management teams, and balance sheet strength.

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

The fund invests at least 40% of its net assets in securities of issuers domiciled outside of the United States, including in emerging markets. This includes securities of foreign issuers that trade on U.S. exchanges.

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 a diversified portfolio of equity securities.

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 are estimated to trade below their fair values.

In addition, the team prefers attractive-valued companies with solid business franchises, sustainable margins/cash flow, disciplined capital allocation, experienced management teams, and balance sheet strength.

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

The fund invests at least 40% of its net assets in securities of issuers domiciled outside of the United States, including in emerging markets. This includes securities of foreign issuers that trade on U.S. exchanges.

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 a diversified portfolio of equity securities.

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 are estimated to trade below their fair values.

In addition, the team prefers attractive-valued companies with solid business franchises, sustainable margins/cash flow, disciplined capital allocation, experienced management teams, and balance sheet strength.

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

The fund invests at least 40% of its net assets in securities of issuers domiciled outside of the United States, including in emerging markets. This includes securities of foreign issuers that trade on U.S. exchanges.

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 a diversified portfolio of equity securities.

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 are estimated to trade below their fair values.

In addition, the team prefers attractive-valued companies with solid business franchises, sustainable margins/cash flow, disciplined capital allocation, experienced management teams, and balance sheet strength.

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

The fund invests at least 40% of its net assets in securities of issuers domiciled outside of the United States, including in emerging markets. This includes securities of foreign issuers that trade on U.S. exchanges.

The fund seeks primarily a high level of income and secondarily capital appreciation 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 dividend-paying companies located throughout the world.

The team favors companies that possess a high cash dividend, positive growth of free cash flow, share buyback programs, and net debt reductions.

In addition, the team prefers companies that are estimated to trade below their fair values relative to valuation multiples such as free cash flow and 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 invests at least 40% of its net assets in securities of issuers located throughout the world, excluding the United States.

The fund may also invest up to 20% of its net assets in securities issued by companies located in emerging markets.

Additionally, the fund may invest up to 20% of its net assets in debt securities, including high-yield fixed-income securities rated below investment grade.

The fund may also invest up to 15% of its net assets in illiquid investments.

The fund seeks primarily a high level of income and secondarily capital appreciation 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 dividend-paying companies located throughout the world.

The team favors companies that possess a high cash dividend, positive growth of free cash flow, share buyback programs, and net debt reductions.

In addition, the team prefers companies that are estimated to trade below their fair values relative to valuation multiples such as free cash flow and 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 invests at least 40% of its net assets in securities of issuers located throughout the world, excluding the United States.

The fund may also invest up to 20% of its net assets in securities issued by companies located in emerging markets.

Additionally, the fund may invest up to 20% of its net assets in debt securities, including high-yield fixed-income securities rated below investment grade.

The fund may also invest up to 15% of its net assets in illiquid investments.

The fund seeks primarily a high level of income and secondarily capital appreciation 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 dividend-paying companies located throughout the world.

The team favors companies that possess a high cash dividend, positive growth of free cash flow, share buyback programs, and net debt reductions.

In addition, the team prefers companies that are estimated to trade below their fair values relative to valuation multiples such as free cash flow and 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 invests at least 40% of its net assets in securities of issuers located throughout the world, excluding the United States.

The fund may also invest up to 20% of its net assets in securities issued by companies located in emerging markets.

Additionally, the fund may invest up to 20% of its net assets in debt securities, including high-yield fixed-income securities rated below investment grade.

The fund may also invest up to 15% of its net assets in illiquid investments.

The fund seeks primarily a high level of income and secondarily capital appreciation 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 dividend-paying companies located throughout the world.

The team favors companies that possess a high cash dividend, positive growth of free cash flow, share buyback programs, and net debt reductions.

In addition, the team prefers companies that are estimated to trade below their fair values relative to valuation multiples such as free cash flow and 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 invests at least 40% of its net assets in securities of issuers located throughout the world, excluding the United States.

The fund may also invest up to 20% of its net assets in securities issued by companies located in emerging markets.

Additionally, the fund may invest up to 20% of its net assets in debt securities, including high-yield fixed-income securities rated below investment grade.

The fund may also invest up to 15% of its net assets in illiquid investments.

The fund seeks primarily a high level of income and secondarily capital appreciation 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 dividend-paying companies located throughout the world.

The team favors companies that possess a high cash dividend, positive growth of free cash flow, share buyback programs, and net debt reductions.

In addition, the team prefers companies that are estimated to trade below their fair values relative to valuation multiples such as free cash flow and 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 invests at least 40% of its net assets in securities of issuers located throughout the world, excluding the United States.

The fund may also invest up to 20% of its net assets in securities issued by companies located in emerging markets.

Additionally, the fund may invest up to 20% of its net assets in debt securities, including high-yield fixed-income securities rated below investment grade.

The fund may also invest up to 15% of its net assets in illiquid investments.

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 in securities of U.S. and non-U.S. companies.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team evaluates companies on the basis of valuation multiples such as earnings, book value, sales, net present value, and free cash flow.

The team also focuses on a company’s sustainable dividend yield and price-to-liquidation/replacement value.

In addition, the team seeks an understanding of a company’s franchise quality, management strength, corporate strategy, barriers-to-entry, shareholder value orientation, operating and industry fundamentals and competitive advantage.

Also, the team looks for companies that are misperceived and estimated to trade below their fair values.

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 at least 40% of its net assets in securities of issuers located outside the U.S. and may invest significantly in securities of issuers located in emerging or frontier markets.

Also, no more than 35% of the fund’s net assets may be invested in securities of companies located in a single country.

However, the fund’s net assets will be invested in securities of companies located in at least three different countries.
 

The fund seeks total return 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 US and non-US companies, including those in emerging markets.

The team prefers companies that have an economic franchise, meaning companies that have a track record of generating unleveraged returns, at or above their cost of capital, for long periods of time.

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.

In addition, the manager may seek to hedge some or all foreign currency exposure in the fund against movements relative to the US dollar by entering into foreign currency forward contracts.

The fund is non-diversified, which means that it may invest a relatively high percentage of its assets in a limited number of issuers, when compared to a diversified fund.
 

The fund seeks total return 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 US and non-US companies, including those in emerging markets.

The team prefers companies that have an economic franchise, meaning companies that have a track record of generating unleveraged returns, at or above their cost of capital, for long periods of time.

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.

In addition, the manager may seek to hedge some or all foreign currency exposure in the fund against movements relative to the US dollar by entering into foreign currency forward contracts.

The fund is non-diversified, which means that it may invest a relatively high percentage of its assets in a limited number of issuers, when compared to a diversified fund.
 

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 in companies that demonstrate strong and/or improving financial productivity.

The team favors companies that are estimated to trade below their fair values based on their earnings, cash flow or asset values.

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

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.

In addition, the manager invests significantly in non-US companies, and will allocate the fund’s net assets among various regions and countries, including the United States (but in no less than three different countries).

The fund’s investments in non-US companies may include companies whose principal business activities are located in emerging market countries.

Also, the fund is classified as diversified, which means it may invest in a smaller number of issuers than other, more diversified investment portfolios.

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 in companies that demonstrate strong and/or improving financial productivity.

The team favors companies that are estimated to trade below their fair values based on their earnings, cash flow or asset values.

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

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.

In addition, the manager invests significantly in non-US companies, and will allocate the fund’s net assets among various regions and countries, including the United States (but in no less than three different countries).

The fund’s investments in non-US companies may include companies whose principal business activities are located in emerging market countries.

Also, the fund is classified as diversified, which means it may invest in a smaller number of issuers than other, more diversified investment portfolios.

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 in companies that are estimated to trade below their fair values based on their earnings, cash flow or asset values.

The team favors companies exhibiting sustainably high or improving returns and that are trading at attractive valuations.

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

The fund may invest in securities of companies whose principal business activities are located in emerging market countries.

In addition, the manager invests significantly in non-US companies.

The manager allocates the fund’s net assets among various regions and countries, including the United States (but in no less than three different countries).

Also, the fund is classified as diversified, which means it may invest in a smaller number of issuers than other, more diversified investment portfolios.

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 in companies that are estimated to trade below their fair values based on their earnings, cash flow or asset values.

The team favors companies exhibiting sustainably high or improving returns and that are trading at attractive valuations.

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

The fund may invest in securities of companies whose principal business activities are located in emerging market countries.

In addition, the manager invests significantly in non-US companies.

The manager allocates the fund’s net assets among various regions and countries, including the United States (but in no less than three different countries).

Also, the fund is classified as diversified, which means it may invest in a smaller number of issuers than other, more diversified investment portfolios.

The fund seeks long-term capital appreciation by investing in companies in the U.S. and around the world.

The investment process starts with a list of companies with market capitalization of $3 billion and higher in developed markets and emerging countries.

Then the research team with the help of fundamental analysis and quantitative research narrows the list to market leaders with growing free cash flows and strong financial positions.

The team then with the help of qualitative analysis estimates intrinsic value of the select businesses that are clearly understood by investment team.

The team favors companies that are trading at least below 60% of their intrinsic values and builds a concentrated fund of 15 to 22 holdings.

The fund invests at least 40% of its assets in non-U.S. securities including securities issues by companies in emerging markets and American depository receipts.

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.

The process utilizes a blend strategy to invest in both growth and value stocks, or to stocks with characteristics of both.

Next, the research team invests in securities of foreign and U.S. companies.

The team prefers value and growth companies that are estimated to trade below their fair values relative to their fundamentals.

According to the team, value companies are those that are trading at discounts to their estimated intrinsic value and have the potential for capital appreciation.

Growth companies are those that exhibit rapid gains in earnings and demonstrate the ability to continue profit growth at a high level.

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 invests at least 40% of its net assets in securities of non-U.S. companies.

Also, the fund invests in companies located in at least three countries outside of the U.S.

The fund invests in foreign companies whose securities may be traded on U.S. or non-U.S. securities exchanges, may be denominated in the U.S. dollar or other currencies, and may include American Depositary Receipts and other similar depositary receipts.

The fund may invest in unaffiliated exchange-traded funds, as well as may invest in derivatives.

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.

The process utilizes a blend strategy to invest in both growth and value stocks, or to stocks with characteristics of both.

Next, the research team invests in securities of foreign and U.S. companies.

The team prefers value and growth companies that are estimated to trade below their fair values relative to their fundamentals.

According to the team, value companies are those that are trading at discounts to their estimated intrinsic value and have the potential for capital appreciation.

Growth companies are those that exhibit rapid gains in earnings and demonstrate the ability to continue profit growth at a high level.

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 invests at least 40% of its net assets in securities of non-U.S. companies.

Also, the fund invests in companies located in at least three countries outside of the U.S.

The fund invests in foreign companies whose securities may be traded on U.S. or non-U.S. securities exchanges, may be denominated in the U.S. dollar or other currencies, and may include American Depositary Receipts and other similar depositary receipts.

The fund may invest in unaffiliated exchange-traded funds, as well as may invest in derivatives.

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.

The process utilizes a blend strategy to invest in both growth and value stocks, or to stocks with characteristics of both.

Next, the research team invests in securities of foreign and U.S. companies.

The team prefers value and growth companies that are estimated to trade below their fair values relative to their fundamentals.

According to the team, value companies are those that are trading at discounts to their estimated intrinsic value and have the potential for capital appreciation.

Growth companies are those that exhibit rapid gains in earnings and demonstrate the ability to continue profit growth at a high level.

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 invests at least 40% of its net assets in securities of non-U.S. companies.

Also, the fund invests in companies located in at least three countries outside of the U.S.

The fund invests in foreign companies whose securities may be traded on U.S. or non-U.S. securities exchanges, may be denominated in the U.S. dollar or other currencies, and may include American Depositary Receipts and other similar depositary receipts.

The fund may invest in unaffiliated exchange-traded funds, as well as may invest in derivatives.

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.

The process utilizes a blend strategy to invest in both growth and value stocks, or to stocks with characteristics of both.

Next, the research team invests in securities of foreign and U.S. companies.

The team prefers value and growth companies that are estimated to trade below their fair values relative to their fundamentals.

According to the team, value companies are those that are trading at discounts to their estimated intrinsic value and have the potential for capital appreciation.

Growth companies are those that exhibit rapid gains in earnings and demonstrate the ability to continue profit growth at a high level.

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 invests at least 40% of its net assets in securities of non-U.S. companies.

Also, the fund invests in companies located in at least three countries outside of the U.S.

The fund invests in foreign companies whose securities may be traded on U.S. or non-U.S. securities exchanges, may be denominated in the U.S. dollar or other currencies, and may include American Depositary Receipts and other similar depositary receipts.

The fund may invest in unaffiliated exchange-traded funds, as well as may invest in derivatives.

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.

The process utilizes a blend strategy to invest in both growth and value stocks, or to stocks with characteristics of both.

Next, the research team invests in securities of foreign and U.S. companies.

The team prefers value and growth companies that are estimated to trade below their fair values relative to their fundamentals.

According to the team, value companies are those that are trading at discounts to their estimated intrinsic value and have the potential for capital appreciation.

Growth companies are those that exhibit rapid gains in earnings and demonstrate the ability to continue profit growth at a high level.

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 invests at least 40% of its net assets in securities of non-U.S. companies.

Also, the fund invests in companies located in at least three countries outside of the U.S.

The fund invests in foreign companies whose securities may be traded on U.S. or non-U.S. securities exchanges, may be denominated in the U.S. dollar or other currencies, and may include American Depositary Receipts and other similar depositary receipts.

The fund may invest in unaffiliated exchange-traded funds, as well as may invest in derivatives.

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.

The process utilizes a blend strategy to invest in both growth and value stocks, or to stocks with characteristics of both.

Next, the research team invests in securities of foreign and U.S. companies.

The team prefers value and growth companies that are estimated to trade below their fair values relative to their fundamentals.

According to the team, value companies are those that are trading at discounts to their estimated intrinsic value and have the potential for capital appreciation.

Growth companies are those that exhibit rapid gains in earnings and demonstrate the ability to continue profit growth at a high level.

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 invests at least 40% of its net assets in securities of non-U.S. companies.

Also, the fund invests in companies located in at least three countries outside of the U.S.

The fund invests in foreign companies whose securities may be traded on U.S. or non-U.S. securities exchanges, may be denominated in the U.S. dollar or other currencies, and may include American Depositary Receipts and other similar depositary receipts.

The fund may invest in unaffiliated exchange-traded funds, as well as may invest in derivatives.

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.

The process utilizes a blend strategy to invest in both growth and value stocks, or to stocks with characteristics of both.

Next, the research team invests in securities of foreign and U.S. companies.

The team prefers value and growth companies that are estimated to trade below their fair values relative to their fundamentals.

According to the team, value companies are those that are trading at discounts to their estimated intrinsic value and have the potential for capital appreciation.

Growth companies are those that exhibit rapid gains in earnings and demonstrate the ability to continue profit growth at a high level.

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 invests at least 40% of its net assets in securities of non-U.S. companies.

Also, the fund invests in companies located in at least three countries outside of the U.S.

The fund invests in foreign companies whose securities may be traded on U.S. or non-U.S. securities exchanges, may be denominated in the U.S. dollar or other currencies, and may include American Depositary Receipts and other similar depositary receipts.

The fund may invest in unaffiliated exchange-traded funds, as well as may invest in derivatives.

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.

The process utilizes a blend strategy to invest in both growth and value stocks, or to stocks with characteristics of both.

Next, the research team invests in securities of foreign and U.S. companies.

The team prefers value and growth companies that are estimated to trade below their fair values relative to their fundamentals.

According to the team, value companies are those that are trading at discounts to their estimated intrinsic value and have the potential for capital appreciation.

Growth companies are those that exhibit rapid gains in earnings and demonstrate the ability to continue profit growth at a high level.

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 invests at least 40% of its net assets in securities of non-U.S. companies.

Also, the fund invests in companies located in at least three countries outside of the U.S.

The fund invests in foreign companies whose securities may be traded on U.S. or non-U.S. securities exchanges, may be denominated in the U.S. dollar or other currencies, and may include American Depositary Receipts and other similar depositary receipts.

The fund may invest in unaffiliated exchange-traded funds, as well as may invest in derivatives.

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.

The process utilizes a blend strategy to invest in both growth and value stocks, or to stocks with characteristics of both.

Next, the research team invests in securities of foreign and U.S. companies.

The team prefers value and growth companies that are estimated to trade below their fair values relative to their fundamentals.

According to the team, value companies are those that are trading at discounts to their estimated intrinsic value and have the potential for capital appreciation.

Growth companies are those that exhibit rapid gains in earnings and demonstrate the ability to continue profit growth at a high level.

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 invests at least 40% of its net assets in securities of non-U.S. companies.

Also, the fund invests in companies located in at least three countries outside of the U.S.

The fund invests in foreign companies whose securities may be traded on U.S. or non-U.S. securities exchanges, may be denominated in the U.S. dollar or other currencies, and may include American Depositary Receipts and other similar depositary receipts.

The fund may invest in unaffiliated exchange-traded funds, as well as may invest in derivatives.

The fund’s primary objective is to generate current income through investing in stocks around the world including in the U.S.

The fund is sub-advised by Epoch Investment Partners, Inc with a focus on locating stocks with attractive dividend yield and positive growth in operating cash flow.

The investment process segregates companies with growing cash flows and management focused on creating shareholder value through internal reinvestments, acquisitions, stock repurchase, debt reduction and increasing dividend.

The primarily invests in large cap companies with the U.S. accounting for more than 55% of all investments. The fund is geographically diversified in developed countries in Asia and Europe.

The fund’s primary objective is to generate current income through investing in stocks around the world including in the U.S.

The fund is sub-advised by Epoch Investment Partners, Inc with a focus on locating stocks with attractive dividend yield and positive growth in operating cash flow.

The investment process segregates companies with growing cash flows and management focused on creating shareholder value through internal reinvestments, acquisitions, stock repurchase, debt reduction and increasing dividend.

The primarily invests in large cap companies with the U.S. accounting for more than 55% of all investments. The fund is geographically diversified in developed countries in Asia and Europe.

The fund’s primary objective is to generate current income through investing in stocks around the world including in the U.S.

The fund is sub-advised by Epoch Investment Partners, Inc with a focus on locating stocks with attractive dividend yield and positive growth in operating cash flow.

The investment process segregates companies with growing cash flows and management focused on creating shareholder value through internal reinvestments, acquisitions, stock repurchase, debt reduction and increasing dividend.

The primarily invests in large cap companies with the U.S. accounting for more than 55% of all investments. The fund is geographically diversified in developed countries in Asia and Europe.

The fund’s primary objective is to generate current income through investing in stocks around the world including in the U.S.

The fund is sub-advised by Epoch Investment Partners, Inc with a focus on locating stocks with attractive dividend yield and positive growth in operating cash flow.

The investment process segregates companies with growing cash flows and management focused on creating shareholder value through internal reinvestments, acquisitions, stock repurchase, debt reduction and increasing dividend.

The primarily invests in large cap companies with the U.S. accounting for more than 55% of all investments. The fund is geographically diversified in developed countries in Asia and Europe.

The fund’s primary objective is to generate current income through investing in stocks around the world including in the U.S.

The fund is sub-advised by Epoch Investment Partners, Inc with a focus on locating stocks with attractive dividend yield and positive growth in operating cash flow.

The investment process segregates companies with growing cash flows and management focused on creating shareholder value through internal reinvestments, acquisitions, stock repurchase, debt reduction and increasing dividend.

The primarily invests in large cap companies with the U.S. accounting for more than 55% of all investments. The fund is geographically diversified in developed countries in Asia and Europe.

The fund’s primary objective is to generate current income through investing in stocks around the world including in the U.S.

The fund is sub-advised by Epoch Investment Partners, Inc with a focus on locating stocks with attractive dividend yield and positive growth in operating cash flow.

The investment process segregates companies with growing cash flows and management focused on creating shareholder value through internal reinvestments, acquisitions, stock repurchase, debt reduction and increasing dividend.

The primarily invests in large cap companies with the U.S. accounting for more than 55% of all investments. The fund is geographically diversified in developed countries in Asia and Europe.

The fund’s primary objective is to generate current income through investing in stocks around the world including in the U.S.

The fund is sub-advised by Epoch Investment Partners, Inc with a focus on locating stocks with attractive dividend yield and positive growth in operating cash flow.

The investment process segregates companies with growing cash flows and management focused on creating shareholder value through internal reinvestments, acquisitions, stock repurchase, debt reduction and increasing dividend.

The primarily invests in large cap companies with the U.S. accounting for more than 55% of all investments. The fund is geographically diversified in developed countries in Asia and Europe.

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 in securities of U.S. and foreign companies exhibiting long-term growth potential.

The fundamental investment approach combines top-down macro-economic analysis with bottom-up company and security analysis to identify attractive opportunities.

The top-down analysis begins with an assessment of macro-economic factors such as global and U.S. GDP levels and direction, interest rates, inflationary and deflationary forces, employment, fiscal and monetary policy.

Other factors in consideration would be the trade policy, currency movements, credit conditions, demographic trends, the regulatory environment, and the global competitive landscape.

Through this top-down analysis, the team seeks to identify the most attractive global investment opportunities, sector and industry trends, industry consolidation, and the sustainability of financial trends.

Next, the research process is driven by fundamental analysis of one stock at a time. In the bottom-up analysis, the research team focuses on companies that demonstrate earnings growth potential not yet recognized by the market.

The analysis also includes evaluating a company’s market share position; brand franchise, sustainability, and pricing power, scale and distribution, and fundamentals.

The analysis also considers whether a company is operated by management teams that are committed to shareholder interests, and looks for transformational catalysts such as a major new innovative product or new management team.

As part of the bottom-up analysis, the research team may communicate with a company’s management, and also prepare detailed earnings and cash flow models of certain companies.

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 owns three types of companies, namely core growth, aggressive growth, and life cycle change.

According to the team, core growth companies are well-established seasoned companies with relatively predictable future earnings growth rates.

Aggressive growth companies are innovative companies that may produce rapidly accelerating earnings growth in excess of overall market performance.

Life cycle change companies are companies that are undergoing a positive transformational change in their business model that serve as a catalyst for substantially improved earnings growth in the future.

Also, the fund may invest in companies that are economically tied to any countries or markets throughout the world, including securities of companies economically tied to emerging markets.

Additionally, the fund will invest significantly (generally, at least 40% of its net assets) in the securities of issuers organized or located outside the U.S. or doing business outside the U.S. However, (when market conditions are not deemed favorable), the fund invests at least 30% of its net assets in such foreign securities.

The fund will invest its assets in various regions and countries, including the U.S., that encompass not less than three different countries overall.

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 companies in the U.S. and foreign countries.

The team looks for quality companies demonstrating durable growth characteristics.

As part of the process, the team combines a thematic approach to idea generation with bottom-up, fundamental company analysis.

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.

The team also focuses on high-quality companies whose future earnings power is not reflected in their current valuations.

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

The fund may invest without limit in foreign securities, including American Depositary Receipts, and can invest in any country, including developing or emerging market countries.

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

Typically, the fund invests in a number of different countries.

In addition, the fund may at times have significant exposure to one or more industries or sectors.

The fund may hold a portion of its assets in cash or cash equivalents.

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 companies in the U.S. and foreign countries.

The team looks for quality companies demonstrating durable growth characteristics.

As part of the process, the team combines a thematic approach to idea generation with bottom-up, fundamental company analysis.

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.

The team also focuses on high-quality companies whose future earnings power is not reflected in their current valuations.

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

The fund may invest without limit in foreign securities, including American Depositary Receipts, and can invest in any country, including developing or emerging market countries.

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

Typically, the fund invests in a number of different countries.

In addition, the fund may at times have significant exposure to one or more industries or sectors.

The fund may hold a portion of its assets in cash or cash equivalents.

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 companies in the U.S. and foreign countries.

The team looks for quality companies demonstrating durable growth characteristics.

As part of the process, the team combines a thematic approach to idea generation with bottom-up, fundamental company analysis.

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.

The team also focuses on high-quality companies whose future earnings power is not reflected in their current valuations.

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

The fund may invest without limit in foreign securities, including American Depositary Receipts, and can invest in any country, including developing or emerging market countries.

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

Typically, the fund invests in a number of different countries.

In addition, the fund may at times have significant exposure to one or more industries or sectors.

The fund may hold a portion of its assets in cash or cash equivalents.

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 companies in the U.S. and foreign countries.

The team looks for quality companies demonstrating durable growth characteristics.

As part of the process, the team combines a thematic approach to idea generation with bottom-up, fundamental company analysis.

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.

The team also focuses on high-quality companies whose future earnings power is not reflected in their current valuations.

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

The fund may invest without limit in foreign securities, including American Depositary Receipts, and can invest in any country, including developing or emerging market countries.

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

Typically, the fund invests in a number of different countries.

In addition, the fund may at times have significant exposure to one or more industries or sectors.

The fund may hold a portion of its assets in cash or cash equivalents.

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 companies in the U.S. and foreign countries.

The team looks for quality companies demonstrating durable growth characteristics.

As part of the process, the team combines a thematic approach to idea generation with bottom-up, fundamental company analysis.

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.

The team also focuses on high-quality companies whose future earnings power is not reflected in their current valuations.

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

The fund may invest without limit in foreign securities, including American Depositary Receipts, and can invest in any country, including developing or emerging market countries.

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

Typically, the fund invests in a number of different countries.

In addition, the fund may at times have significant exposure to one or more industries or sectors.

The fund may hold a portion of its assets in cash or cash equivalents.

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 companies in the U.S. and foreign countries.

The team looks for quality companies demonstrating durable growth characteristics.

As part of the process, the team combines a thematic approach to idea generation with bottom-up, fundamental company analysis.

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.

The team also focuses on high-quality companies whose future earnings power is not reflected in their current valuations.

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

The fund may invest without limit in foreign securities, including American Depositary Receipts, and can invest in any country, including developing or emerging market countries.

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

Typically, the fund invests in a number of different countries.

In addition, the fund may at times have significant exposure to one or more industries or sectors.

The fund may hold a portion of its assets in cash or cash equivalents.

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 companies in the U.S. and foreign countries.

The team looks for quality companies demonstrating durable growth characteristics.

As part of the process, the team combines a thematic approach to idea generation with bottom-up, fundamental company analysis.

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.

The team also focuses on high-quality companies whose future earnings power is not reflected in their current valuations.

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

The fund may invest without limit in foreign securities, including American Depositary Receipts, and can invest in any country, including developing or emerging market countries.

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

Typically, the fund invests in a number of different countries.

In addition, the fund may at times have significant exposure to one or more industries or sectors.

The fund may hold a portion of its assets in cash or cash equivalents.

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 equity securities which include common stocks, equity interests in real estate investment trusts  and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer.

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 exhibiting above average earnings growth potential relative to its peers.

Also, the team favors companies that are estimated to trade below their fair values.

The team is not constrained by any particular investment style and therefore, has the flexibility to invest in a combination of growth and value companies.

In addition, the team utilizes a strategy based on blending fundamental and quantitative research.

The team utilizes fundamental analysis of individual issuers to determine a fundamental rating for an issuer, and also employs quantitative analysis to determine a quantitative rating for an issuer.

Next, the team combines the fundamental rating with the quantitative rating to create a blended rating for an issuer.

The team then eliminates the most volatile securities on the basis of historical volatility.

Additionally, the team considers the blended rating, as well as issuer, industry, sector weightings, and volatility when constructing the portfolio.

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 its net assets in U.S. and foreign securities, including emerging market securities.

However, the fund invests its net assets in at least three different countries.

In addition, the fund invests its net assets across different industries, sectors, countries, and regions, but may invest a significant percentage of its net assets in issuers in a single industry, sector, country, or region.
 

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 equity securities which include common stocks, equity interests in real estate investment trusts  and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer.

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 exhibiting above average earnings growth potential relative to its peers.

Also, the team favors companies that are estimated to trade below their fair values.

The team is not constrained by any particular investment style and therefore, has the flexibility to invest in a combination of growth and value companies.

In addition, the team utilizes a strategy based on blending fundamental and quantitative research.

The team utilizes fundamental analysis of individual issuers to determine a fundamental rating for an issuer, and also employs quantitative analysis to determine a quantitative rating for an issuer.

Next, the team combines the fundamental rating with the quantitative rating to create a blended rating for an issuer.

The team then eliminates the most volatile securities on the basis of historical volatility.

Additionally, the team considers the blended rating, as well as issuer, industry, sector weightings, and volatility when constructing the portfolio.

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 its net assets in U.S. and foreign securities, including emerging market securities.

However, the fund invests its net assets in at least three different countries.

In addition, the fund invests its net assets across different industries, sectors, countries, and regions, but may invest a significant percentage of its net assets in issuers in a single industry, sector, country, or region.
 

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 equity securities which include common stocks, equity interests in real estate investment trusts  and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer.

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 exhibiting above average earnings growth potential relative to its peers.

Also, the team favors companies that are estimated to trade below their fair values.

The team is not constrained by any particular investment style and therefore, has the flexibility to invest in a combination of growth and value companies.

In addition, the team utilizes a strategy based on blending fundamental and quantitative research.

The team utilizes fundamental analysis of individual issuers to determine a fundamental rating for an issuer, and also employs quantitative analysis to determine a quantitative rating for an issuer.

Next, the team combines the fundamental rating with the quantitative rating to create a blended rating for an issuer.

The team then eliminates the most volatile securities on the basis of historical volatility.

Additionally, the team considers the blended rating, as well as issuer, industry, sector weightings, and volatility when constructing the portfolio.

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 its net assets in U.S. and foreign securities, including emerging market securities.

However, the fund invests its net assets in at least three different countries.

In addition, the fund invests its net assets across different industries, sectors, countries, and regions, but may invest a significant percentage of its net assets in issuers in a single industry, sector, country, or region.
 

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 equity securities which include common stocks, equity interests in real estate investment trusts  and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer.

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 exhibiting above average earnings growth potential relative to its peers.

Also, the team favors companies that are estimated to trade below their fair values.

The team is not constrained by any particular investment style and therefore, has the flexibility to invest in a combination of growth and value companies.

In addition, the team utilizes a strategy based on blending fundamental and quantitative research.

The team utilizes fundamental analysis of individual issuers to determine a fundamental rating for an issuer, and also employs quantitative analysis to determine a quantitative rating for an issuer.

Next, the team combines the fundamental rating with the quantitative rating to create a blended rating for an issuer.

The team then eliminates the most volatile securities on the basis of historical volatility.

Additionally, the team considers the blended rating, as well as issuer, industry, sector weightings, and volatility when constructing the portfolio.

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 its net assets in U.S. and foreign securities, including emerging market securities.

However, the fund invests its net assets in at least three different countries.

In addition, the fund invests its net assets across different industries, sectors, countries, and regions, but may invest a significant percentage of its net assets in issuers in a single industry, sector, country, or region.
 

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 equity securities which include common stocks, equity interests in real estate investment trusts  and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer.

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 exhibiting above average earnings growth potential relative to its peers.

Also, the team favors companies that are estimated to trade below their fair values.

The team is not constrained by any particular investment style and therefore, has the flexibility to invest in a combination of growth and value companies.

In addition, the team utilizes a strategy based on blending fundamental and quantitative research.

The team utilizes fundamental analysis of individual issuers to determine a fundamental rating for an issuer, and also employs quantitative analysis to determine a quantitative rating for an issuer.

Next, the team combines the fundamental rating with the quantitative rating to create a blended rating for an issuer.

The team then eliminates the most volatile securities on the basis of historical volatility.

Additionally, the team considers the blended rating, as well as issuer, industry, sector weightings, and volatility when constructing the portfolio.

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 its net assets in U.S. and foreign securities, including emerging market securities.

However, the fund invests its net assets in at least three different countries.

In addition, the fund invests its net assets across different industries, sectors, countries, and regions, but may invest a significant percentage of its net assets in issuers in a single industry, sector, country, or region.
 

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 equity securities which include common stocks, equity interests in real estate investment trusts  and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer.

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 exhibiting above average earnings growth potential relative to its peers.

Also, the team favors companies that are estimated to trade below their fair values.

The team is not constrained by any particular investment style and therefore, has the flexibility to invest in a combination of growth and value companies.

In addition, the team utilizes a strategy based on blending fundamental and quantitative research.

The team utilizes fundamental analysis of individual issuers to determine a fundamental rating for an issuer, and also employs quantitative analysis to determine a quantitative rating for an issuer.

Next, the team combines the fundamental rating with the quantitative rating to create a blended rating for an issuer.

The team then eliminates the most volatile securities on the basis of historical volatility.

Additionally, the team considers the blended rating, as well as issuer, industry, sector weightings, and volatility when constructing the portfolio.

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 its net assets in U.S. and foreign securities, including emerging market securities.

However, the fund invests its net assets in at least three different countries.

In addition, the fund invests its net assets across different industries, sectors, countries, and regions, but may invest a significant percentage of its net assets in issuers in a single industry, sector, country, or region.
 

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 equity securities which include common stocks, equity interests in real estate investment trusts  and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer.

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 exhibiting above average earnings growth potential relative to its peers.

Also, the team favors companies that are estimated to trade below their fair values.

The team is not constrained by any particular investment style and therefore, has the flexibility to invest in a combination of growth and value companies.

In addition, the team utilizes a strategy based on blending fundamental and quantitative research.

The team utilizes fundamental analysis of individual issuers to determine a fundamental rating for an issuer, and also employs quantitative analysis to determine a quantitative rating for an issuer.

Next, the team combines the fundamental rating with the quantitative rating to create a blended rating for an issuer.

The team then eliminates the most volatile securities on the basis of historical volatility.

Additionally, the team considers the blended rating, as well as issuer, industry, sector weightings, and volatility when constructing the portfolio.

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 its net assets in U.S. and foreign securities, including emerging market securities.

However, the fund invests its net assets in at least three different countries.

In addition, the fund invests its net assets across different industries, sectors, countries, and regions, but may invest a significant percentage of its net assets in issuers in a single industry, sector, country, or region.
 

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 equity securities which include common stocks, equity interests in real estate investment trusts  and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer.

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 exhibiting above average earnings growth potential relative to its peers.

Also, the team favors companies that are estimated to trade below their fair values.

The team is not constrained by any particular investment style and therefore, has the flexibility to invest in a combination of growth and value companies.

In addition, the team utilizes a strategy based on blending fundamental and quantitative research.

The team utilizes fundamental analysis of individual issuers to determine a fundamental rating for an issuer, and also employs quantitative analysis to determine a quantitative rating for an issuer.

Next, the team combines the fundamental rating with the quantitative rating to create a blended rating for an issuer.

The team then eliminates the most volatile securities on the basis of historical volatility.

Additionally, the team considers the blended rating, as well as issuer, industry, sector weightings, and volatility when constructing the portfolio.

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 its net assets in U.S. and foreign securities, including emerging market securities.

However, the fund invests its net assets in at least three different countries.

In addition, the fund invests its net assets across different industries, sectors, countries, and regions, but may invest a significant percentage of its net assets in issuers in a single industry, sector, country, or region.
 

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 equity securities which include common stocks, equity interests in real estate investment trusts  and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer.

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 exhibiting above average earnings growth potential relative to its peers.

Also, the team favors companies that are estimated to trade below their fair values.

The team is not constrained by any particular investment style and therefore, has the flexibility to invest in a combination of growth and value companies.

In addition, the team utilizes a strategy based on blending fundamental and quantitative research.

The team utilizes fundamental analysis of individual issuers to determine a fundamental rating for an issuer, and also employs quantitative analysis to determine a quantitative rating for an issuer.

Next, the team combines the fundamental rating with the quantitative rating to create a blended rating for an issuer.

The team then eliminates the most volatile securities on the basis of historical volatility.

Additionally, the team considers the blended rating, as well as issuer, industry, sector weightings, and volatility when constructing the portfolio.

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 its net assets in U.S. and foreign securities, including emerging market securities.

However, the fund invests its net assets in at least three different countries.

In addition, the fund invests its net assets across different industries, sectors, countries, and regions, but may invest a significant percentage of its net assets in issuers in a single industry, sector, country, or region.
 

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 non-U.S. companies.

The team utilizes both a top-down and a bottom-up stock selection process to identify companies with attractive valuations, above-average appreciation potential and competitive dividend yields.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the team combines quantitative models and fundamental research.

The research team employs a sector-neutral factor model that is broadly grouped into four categories such as momentum/risk, valuation, quality and growth to help identify market drivers.

The team then couples the model’s output with in-depth analysis of individual stocks based on internal and external research.

In addition, the team integrates sustainability analysis as a part of its investment process. The sustainability analysis is inclusive of environmental; social and human capital, and business model, innovation, leadership and governance issues.

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

The portfolio holds between 15 and 20 global companies.

The fund seeks to optimize factor tilts (e.g., growth vs. value, large cap vs. small cap) utilizing factor models that are driving the market.

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 non-U.S. companies.

The team utilizes both a top-down and a bottom-up stock selection process to identify companies with attractive valuations, above-average appreciation potential and competitive dividend yields.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the team combines quantitative models and fundamental research.

The research team employs a sector-neutral factor model that is broadly grouped into four categories such as momentum/risk, valuation, quality and growth to help identify market drivers.

The team then couples the model’s output with in-depth analysis of individual stocks based on internal and external research.

In addition, the team integrates sustainability analysis as a part of its investment process. The sustainability analysis is inclusive of environmental; social and human capital, and business model, innovation, leadership and governance issues.

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

The portfolio holds between 15 and 20 global companies.

The fund seeks to optimize factor tilts (e.g., growth vs. value, large cap vs. small cap) utilizing factor models that are driving the market.

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 non-U.S. companies.

The team utilizes both a top-down and a bottom-up stock selection process to identify companies with attractive valuations, above-average appreciation potential and competitive dividend yields.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the team combines quantitative models and fundamental research.

The research team employs a sector-neutral factor model that is broadly grouped into four categories such as momentum/risk, valuation, quality and growth to help identify market drivers.

The team then couples the model’s output with in-depth analysis of individual stocks based on internal and external research.

In addition, the team integrates sustainability analysis as a part of its investment process. The sustainability analysis is inclusive of environmental; social and human capital, and business model, innovation, leadership and governance issues.

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

The portfolio holds between 15 and 20 global companies.

The fund seeks to optimize factor tilts (e.g., growth vs. value, large cap vs. small cap) utilizing factor models that are driving the market.

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 non-U.S. companies.

The team utilizes both a top-down and a bottom-up stock selection process to identify companies with attractive valuations, above-average appreciation potential and competitive dividend yields.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the team combines quantitative models and fundamental research.

The research team employs a sector-neutral factor model that is broadly grouped into four categories such as momentum/risk, valuation, quality and growth to help identify market drivers.

The team then couples the model’s output with in-depth analysis of individual stocks based on internal and external research.

In addition, the team integrates sustainability analysis as a part of its investment process. The sustainability analysis is inclusive of environmental; social and human capital, and business model, innovation, leadership and governance issues.

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

The portfolio holds between 15 and 20 global companies.

The fund seeks to optimize factor tilts (e.g., growth vs. value, large cap vs. small cap) utilizing factor models that are driving the market.

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 non-U.S. companies.

The team utilizes both a top-down and a bottom-up stock selection process to identify companies with attractive valuations, above-average appreciation potential and competitive dividend yields.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the team combines quantitative models and fundamental research.

The research team employs a sector-neutral factor model that is broadly grouped into four categories such as momentum/risk, valuation, quality and growth to help identify market drivers.

The team then couples the model’s output with in-depth analysis of individual stocks based on internal and external research.

In addition, the team integrates sustainability analysis as a part of its investment process. The sustainability analysis is inclusive of environmental; social and human capital, and business model, innovation, leadership and governance issues.

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

The portfolio holds between 30 and 60 global companies.

The fund seeks to optimize factor tilts (e.g., growth vs. value, large cap vs. small cap) utilizing factor models that are driving the market.

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 non-U.S. companies.

The team utilizes both a top-down and a bottom-up stock selection process to identify companies with attractive valuations, above-average appreciation potential and competitive dividend yields.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the team combines quantitative models and fundamental research.

The research team employs a sector-neutral factor model that is broadly grouped into four categories such as momentum/risk, valuation, quality and growth to help identify market drivers.

The team then couples the model’s output with in-depth analysis of individual stocks based on internal and external research.

In addition, the team integrates sustainability analysis as a part of its investment process. The sustainability analysis is inclusive of environmental; social and human capital, and business model, innovation, leadership and governance issues.

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

The portfolio holds between 30 and 60 global companies.

The fund seeks to optimize factor tilts (e.g., growth vs. value, large cap vs. small cap) utilizing factor models that are driving the market.

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 non-U.S. companies.

The team utilizes both a top-down and a bottom-up stock selection process to identify companies with attractive valuations, above-average appreciation potential and competitive dividend yields.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the team combines quantitative models and fundamental research.

The research team employs a sector-neutral factor model that is broadly grouped into four categories such as momentum/risk, valuation, quality and growth to help identify market drivers.

The team then couples the model’s output with in-depth analysis of individual stocks based on internal and external research.

In addition, the team integrates sustainability analysis as a part of its investment process. The sustainability analysis is inclusive of environmental; social and human capital, and business model, innovation, leadership and governance issues.

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

The portfolio holds between 30 and 60 global companies.

The fund seeks to optimize factor tilts (e.g., growth vs. value, large cap vs. small cap) utilizing factor models that are driving the market.

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 non-U.S. companies.

The team utilizes both a top-down and a bottom-up stock selection process to identify companies with attractive valuations, above-average appreciation potential and competitive dividend yields.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the team combines quantitative models and fundamental research.

The research team employs a sector-neutral factor model that is broadly grouped into four categories such as momentum/risk, valuation, quality and growth to help identify market drivers.

The team then couples the model’s output with in-depth analysis of individual stocks based on internal and external research.

In addition, the team integrates sustainability analysis as a part of its investment process. The sustainability analysis is inclusive of environmental; social and human capital, and business model, innovation, leadership and governance issues.

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

The portfolio holds between 30 and 60 global companies.

The fund seeks to optimize factor tilts (e.g., growth vs. value, large cap vs. small cap) utilizing factor models that are driving the market.

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

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

Next, the research team invests in securities of established and emerging companies located throughout the world.

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 renowned companies with durable competitive advantages, above-average estimate of future performance, the ability to deploy capital at high rates of return, balance sheet strength and an attractive risk/reward.

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 foreign securities, which may include emerging market securities.

Also, the fund invests at least 40% of its net assets in the securities of issuers located outside of the United States.

In addition, the fund invests in the securities of issuers from at least three different countries, which may include the United States.

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

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

Next, the research team invests in securities of established and emerging companies located throughout the world.

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 renowned companies with durable competitive advantages, above-average estimate of future performance, the ability to deploy capital at high rates of return, balance sheet strength and an attractive risk/reward.

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 foreign securities, which may include emerging market securities.

Also, the fund invests at least 40% of its net assets in the securities of issuers located outside of the United States.

In addition, the fund invests in the securities of issuers from at least three different countries, which may include the United States.

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

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

Next, the research team invests in securities of established and emerging companies located throughout the world.

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 renowned companies with durable competitive advantages, above-average estimate of future performance, the ability to deploy capital at high rates of return, balance sheet strength and an attractive risk/reward.

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 foreign securities, which may include emerging market securities.

Also, the fund invests at least 40% of its net assets in the securities of issuers located outside of the United States.

In addition, the fund invests in the securities of issuers from at least three different countries, which may include the United States.

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

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

Next, the research team invests in securities of established and emerging companies located throughout the world.

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 renowned companies with durable competitive advantages, above-average estimate of future performance, the ability to deploy capital at high rates of return, balance sheet strength and an attractive risk/reward.

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 foreign securities, which may include emerging market securities.

Also, the fund invests at least 40% of its net assets in the securities of issuers located outside of the United States.

In addition, the fund invests in the securities of issuers from at least three different countries, which may include the United States.

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

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

Next, the research team invests in securities of issuers located throughout the world.

The team favors companies with durable competitive advantages, capable management teams, and financial strength.

In addition, the team looks for high quality companies with superior business franchises and cash flows, modest capital requirements, balance sheet strength, and that typically return cash to shareholders.

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 up to 25% of its net assets in a single issuer.

Also, the fund invests in securities of issuers from at least three different countries, which may include the United States.

Additionally, the fund may utilize foreign currency forward exchange contracts, which are derivatives, in connection with its investments in foreign securities.

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

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

Next, the research team invests in securities of issuers located throughout the world.

The team favors companies with durable competitive advantages, capable management teams, and financial strength.

In addition, the team looks for high quality companies with superior business franchises and cash flows, modest capital requirements, balance sheet strength, and that typically return cash to shareholders.

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 up to 25% of its net assets in a single issuer.

Also, the fund invests in securities of issuers from at least three different countries, which may include the United States.

Additionally, the fund may utilize foreign currency forward exchange contracts, which are derivatives, in connection with its investments in foreign securities.

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

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

Next, the research team invests in securities of issuers located throughout the world.

The team favors companies with durable competitive advantages, capable management teams, and financial strength.

In addition, the team looks for high quality companies with superior business franchises and cash flows, modest capital requirements, balance sheet strength, and that typically return cash to shareholders.

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 up to 25% of its net assets in a single issuer.

Also, the fund invests in securities of issuers from at least three different countries, which may include the United States.

Additionally, the fund may utilize foreign currency forward exchange contracts, which are derivatives, in connection with its investments in foreign securities.

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

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

Next, the research team invests in securities of issuers located throughout the world.

The team favors companies with durable competitive advantages, capable management teams, and financial strength.

In addition, the team looks for high quality companies with superior business franchises and cash flows, modest capital requirements, balance sheet strength, and that typically return cash to shareholders.

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 up to 25% of its net assets in a single issuer.

Also, the fund invests in securities of issuers from at least three different countries, which may include the United States.

Additionally, the fund may utilize foreign currency forward exchange contracts, which are derivatives, in connection with its investments in foreign securities.

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

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

Next, the research team invests in securities of issuers located throughout the world.

The team favors companies with durable competitive advantages, capable management teams, and financial strength.

In addition, the team looks for high quality companies with superior business franchises and cash flows, modest capital requirements, balance sheet strength, and that typically return cash to shareholders.

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 up to 25% of its net assets in a single issuer.

Also, the fund invests in securities of issuers from at least three different countries, which may include the United States.

Additionally, the fund may utilize foreign currency forward exchange contracts, which are derivatives, in connection with its investments in foreign securities.

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

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

Next, the research team invests in securities of issuers located throughout the world.

The team focuses on high-quality companies with sustainable and high returns on operating capital with dominant franchises, powerful intangible assets, and pricing power.

In addition, the team prefers companies with proven management teams that are able to allocate capital prudently to grow the franchise and improve the returns on operating capital.

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.

In considering sustainability impact, the manager may consider greenhouse gas (GHG) emissions intensity that is significantly lower than that of the reference universe.

The fund will exclude any company that has any tie to fossil fuels (such as oil, gas and coal), and whose core business activity involves energy, construction materials, gas and electric utilities (excluding renewable energy and water utilities), or metals and mining.

Next, the remaining issuers will then be ranked according to their GHG emissions intensity estimates, and those with the highest GHG emissions intensity will be excluded from the reference universe.

In addition, the fund excludes companies engaged in businesses such as tobacco, alcohol, adult entertainment, gambling, civilian firearms; or weapons.

Also, the fund will not invest in any company that has been excluded from the MSCI World ex Controversial Weapons Index due to its involvement with controversial weapons.

The fund may utilize foreign currency forward exchange contracts, which are also derivatives, in connection with its investments in foreign securities.

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

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

Next, the research team invests in securities of issuers located throughout the world.

The team focuses on high-quality companies with sustainable and high returns on operating capital with dominant franchises, powerful intangible assets, and pricing power.

In addition, the team prefers companies with proven management teams that are able to allocate capital prudently to grow the franchise and improve the returns on operating capital.

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.

In considering sustainability impact, the manager may consider greenhouse gas (GHG) emissions intensity that is significantly lower than that of the reference universe.

The fund will exclude any company that has any tie to fossil fuels (such as oil, gas and coal), and whose core business activity involves energy, construction materials, gas and electric utilities (excluding renewable energy and water utilities), or metals and mining.

Next, the remaining issuers will then be ranked according to their GHG emissions intensity estimates, and those with the highest GHG emissions intensity will be excluded from the reference universe.

In addition, the fund excludes companies engaged in businesses such as tobacco, alcohol, adult entertainment, gambling, civilian firearms; or weapons.

Also, the fund will not invest in any company that has been excluded from the MSCI World ex Controversial Weapons Index due to its involvement with controversial weapons.

The fund may utilize foreign currency forward exchange contracts, which are also derivatives, in connection with its investments in foreign securities.

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

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

Next, the research team invests in securities of issuers located throughout the world.

The team focuses on high-quality companies with sustainable and high returns on operating capital with dominant franchises, powerful intangible assets, and pricing power.

In addition, the team prefers companies with proven management teams that are able to allocate capital prudently to grow the franchise and improve the returns on operating capital.

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.

In considering sustainability impact, the manager may consider greenhouse gas (GHG) emissions intensity that is significantly lower than that of the reference universe.

The fund will exclude any company that has any tie to fossil fuels (such as oil, gas and coal), and whose core business activity involves energy, construction materials, gas and electric utilities (excluding renewable energy and water utilities), or metals and mining.

Next, the remaining issuers will then be ranked according to their GHG emissions intensity estimates, and those with the highest GHG emissions intensity will be excluded from the reference universe.

In addition, the fund excludes companies engaged in businesses such as tobacco, alcohol, adult entertainment, gambling, civilian firearms; or weapons.

Also, the fund will not invest in any company that has been excluded from the MSCI World ex Controversial Weapons Index due to its involvement with controversial weapons.

The fund may utilize foreign currency forward exchange contracts, which are also derivatives, in connection with its investments in foreign securities.

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

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

Next, the research team invests in securities of issuers located throughout the world.

The team focuses on high-quality companies with sustainable and high returns on operating capital with dominant franchises, powerful intangible assets, and pricing power.

In addition, the team prefers companies with proven management teams that are able to allocate capital prudently to grow the franchise and improve the returns on operating capital.

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.

In considering sustainability impact, the manager may consider greenhouse gas (GHG) emissions intensity that is significantly lower than that of the reference universe.

The fund will exclude any company that has any tie to fossil fuels (such as oil, gas and coal), and whose core business activity involves energy, construction materials, gas and electric utilities (excluding renewable energy and water utilities), or metals and mining.

Next, the remaining issuers will then be ranked according to their GHG emissions intensity estimates, and those with the highest GHG emissions intensity will be excluded from the reference universe.

In addition, the fund excludes companies engaged in businesses such as tobacco, alcohol, adult entertainment, gambling, civilian firearms; or weapons.

Also, the fund will not invest in any company that has been excluded from the MSCI World ex Controversial Weapons Index due to its involvement with controversial weapons.

The fund may utilize foreign currency forward exchange contracts, which are also derivatives, in connection with its investments in foreign securities.

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

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

Next, the research team invests in securities of issuers located throughout the world.

The team focuses on high-quality companies with sustainable and high returns on operating capital with dominant franchises, powerful intangible assets, and pricing power.

In addition, the team prefers companies with proven management teams that are able to allocate capital prudently to grow the franchise and improve the returns on operating capital.

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.

In considering sustainability impact, the manager may consider greenhouse gas (GHG) emissions intensity that is significantly lower than that of the reference universe.

The fund will exclude any company that has any tie to fossil fuels (such as oil, gas and coal), and whose core business activity involves energy, construction materials, gas and electric utilities (excluding renewable energy and water utilities), or metals and mining.

Next, the remaining issuers will then be ranked according to their GHG emissions intensity estimates, and those with the highest GHG emissions intensity will be excluded from the reference universe.

In addition, the fund excludes companies engaged in businesses such as tobacco, alcohol, adult entertainment, gambling, civilian firearms; or weapons.

Also, the fund will not invest in any company that has been excluded from the MSCI World ex Controversial Weapons Index due to its involvement with controversial weapons.

The fund may utilize foreign currency forward exchange contracts, which are also derivatives, in connection with its investments in foreign securities.

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 in high-quality U.S. and international companies.

In selecting securities for the portfolio, the research team focuses on companies that have high-quality businesses with superior market positions, manageable leverage, robust streams of free cash flow, and that are trading at attractive prices.

The team then evaluates each company utilizing four criteria such as management, culture, and incentives; the economics of the business; competitive advantage; and trajectory.

In the Management, Culture, and Incentives sleeve, the team believes that management is a key element to long-term success at most businesses.

For the Economics of the Business sleeve, the team considers the economic performance of a business is a signal for quality.

In the Competitive Advantage sleeve, the team seeks companies that offer certain characteristics that allow them to generate and sustain outsized returns on capital on an absolute basis as well as in comparison to their peers.

Finally, in the Trajectory sleeve, the research team believes companies often display superior economics over the short term due to favorable product cycles, customer preference, temporary or tactical advantages or other reasons.

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

The portfolio generally holds at least 30 investment positions.

The fund will invest in at least three different countries.

Also, the fund will invest at least 40% of its net assets outside of the United States, or, if the conditions are not favorable, will invest at least 30% of its net assets outside the United States.

The fund may also seek to increase its income by lending securities.

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 in high-quality U.S. and international companies.

In selecting securities for the portfolio, the research team focuses on companies that have high-quality businesses with superior market positions, manageable leverage, robust streams of free cash flow, and that are trading at attractive prices.

The team then evaluates each company utilizing four criteria such as management, culture, and incentives; the economics of the business; competitive advantage; and trajectory.

In the Management, Culture, and Incentives sleeve, the team believes that management is a key element to long-term success at most businesses.

For the Economics of the Business sleeve, the team considers the economic performance of a business is a signal for quality.

In the Competitive Advantage sleeve, the team seeks companies that offer certain characteristics that allow them to generate and sustain outsized returns on capital on an absolute basis as well as in comparison to their peers.

Finally, in the Trajectory sleeve, the research team believes companies often display superior economics over the short term due to favorable product cycles, customer preference, temporary or tactical advantages or other reasons.

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

The portfolio generally holds at least 30 investment positions.

The fund will invest in at least three different countries.

Also, the fund will invest at least 40% of its net assets outside of the United States, or, if the conditions are not favorable, will invest at least 30% of its net assets outside the United States.

The fund may also seek to increase its income by lending securities.

The fund seeks to maximize total return 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 stocks of U.S. and foreign companies, which are located in either developed countries or emerging market countries.

Emerging market countries include certain countries located in Latin America, Asia, Africa, the Middle East, and developing countries of Europe, primarily Eastern Europe.

The research team focuses on companies that are trading at significant discounts to their estimated intrinsic value.

The team looks to capitalize on pricing anomalies in markets.

In selecting securities for the portfolio, the team employs both a positive and negative screening process.

The negative screening process will exclude from the fund’s portfolio securities with more than 5% of sales in industries such as alcohol, tobacco, defense, nuclear, Genetically Modified Organisms, water bottles, gambling and pornography.

The positive screening process identifies securities of companies that are fundamentally attractive with superior valuation characteristics.

In addition, the positive screening process also includes evaluating material, fundamental sustainability factors such as environmental, social, and governance performance of companies.

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 its assets in investments that are tied economically to a number of countries throughout the world, including the United States.

An investment will be deemed to be tied economically to a particular country, including the United States, if its issuer is organized in the particular country, has its principal place of business in such country, or generates more than 50% of its revenues from business in that country.

The fund also may invest in currency futures and forward foreign currency exchange contracts, which are derivatives, in order to hedge against international currency exposure.

The fund seeks to maximize total return 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 stocks of U.S. and foreign companies, which are located in either developed countries or emerging market countries.

Emerging market countries include certain countries located in Latin America, Asia, Africa, the Middle East, and developing countries of Europe, primarily Eastern Europe.

The research team focuses on companies that are trading at significant discounts to their estimated intrinsic value.

The team looks to capitalize on pricing anomalies in markets.

In selecting securities for the portfolio, the team employs both a positive and negative screening process.

The negative screening process will exclude from the fund’s portfolio securities with more than 5% of sales in industries such as alcohol, tobacco, defense, nuclear, Genetically Modified Organisms, water bottles, gambling and pornography.

The positive screening process identifies securities of companies that are fundamentally attractive with superior valuation characteristics.

In addition, the positive screening process also includes evaluating material, fundamental sustainability factors such as environmental, social, and governance performance of companies.

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 its assets in investments that are tied economically to a number of countries throughout the world, including the United States.

An investment will be deemed to be tied economically to a particular country, including the United States, if its issuer is organized in the particular country, has its principal place of business in such country, or generates more than 50% of its revenues from business in that country.

The fund also may invest in currency futures and forward foreign currency exchange contracts, which are derivatives, in order to hedge against international currency exposure.

The fund seeks to maximize total return 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 stocks of U.S. and foreign companies, which are located in either developed countries or emerging market countries.

Emerging market countries include certain countries located in Latin America, Asia, Africa, the Middle East, and developing countries of Europe, primarily Eastern Europe.

The research team focuses on companies that are trading at significant discounts to their estimated intrinsic value.

The team looks to capitalize on pricing anomalies in markets.

In selecting securities for the portfolio, the team employs both a positive and negative screening process.

The negative screening process will exclude from the fund’s portfolio securities with more than 5% of sales in industries such as alcohol, tobacco, defense, nuclear, Genetically Modified Organisms, water bottles, gambling and pornography.

The positive screening process identifies securities of companies that are fundamentally attractive with superior valuation characteristics.

In addition, the positive screening process also includes evaluating material, fundamental sustainability factors such as environmental, social, and governance performance of companies.

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 its assets in investments that are tied economically to a number of countries throughout the world, including the United States.

An investment will be deemed to be tied economically to a particular country, including the United States, if its issuer is organized in the particular country, has its principal place of business in such country, or generates more than 50% of its revenues from business in that country.

The fund also may invest in currency futures and forward foreign currency exchange contracts, which are derivatives, in order to hedge against international currency exposure.

The fund seeks to maximize total return 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 stocks of U.S. and foreign companies, which are located in either developed countries or emerging market countries.

Emerging market countries include certain countries located in Latin America, Asia, Africa, the Middle East, and developing countries of Europe, primarily Eastern Europe.

The research team focuses on companies that are trading at significant discounts to their estimated intrinsic value.

The team looks to capitalize on pricing anomalies in markets.

In selecting securities for the portfolio, the team employs both a positive and negative screening process.

The negative screening process will exclude from the fund’s portfolio securities with more than 5% of sales in industries such as alcohol, tobacco, defense, nuclear, Genetically Modified Organisms, water bottles, gambling and pornography.

The positive screening process identifies securities of companies that are fundamentally attractive with superior valuation characteristics.

In addition, the positive screening process also includes evaluating material, fundamental sustainability factors such as environmental, social, and governance performance of companies.

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 its assets in investments that are tied economically to a number of countries throughout the world, including the United States.

An investment will be deemed to be tied economically to a particular country, including the United States, if its issuer is organized in the particular country, has its principal place of business in such country, or generates more than 50% of its revenues from business in that country.

The fund also may invest in currency futures and forward foreign currency exchange contracts, which are derivatives, in order to hedge against international currency exposure.

The fund seeks capital appreciation in the long term through investing in the U.S. based large-size companies.

The investment process uses quantitative techniques and fundamental research to identify stocks that are lagging to their long term valuation. The team of analysts research one company at a time and understand risk and return profile and develop a deeper understanding of the company’s business model, market position and free cash flow generation.

Then the team looks for near term catalysts in place for revaluation of stock price such as management or financial restructuring, innovative product launches or new markets.

The fund holds between 80 and 100 stocks and allocates about 35% of total assets to top 10 holdings.

The fund seeks capital appreciation in the long term through investing in the U.S. based large-size companies.

The investment process uses quantitative techniques and fundamental research to identify stocks that are lagging to their long term valuation. The team of analysts research one company at a time and understand risk and return profile and develop a deeper understanding of the company’s business model, market position and free cash flow generation.

Then the team looks for near term catalysts in place for revaluation of stock price such as management or financial restructuring, innovative product launches or new markets.

The fund holds between 80 and 100 stocks and allocates about 35% of total assets to top 10 holdings.

The fund seeks capital appreciation in the long term through investing in the U.S. based large-size companies.

The investment process uses quantitative techniques and fundamental research to identify stocks that are lagging to their long term valuation. The team of analysts research one company at a time and understand risk and return profile and develop a deeper understanding of the company’s business model, market position and free cash flow generation.

Then the team looks for near term catalysts in place for revaluation of stock price such as management or financial restructuring, innovative product launches or new markets.

The fund holds between 80 and 100 stocks and allocates about 35% of total assets to top 10 holdings.

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

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

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 equity securities.

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 seeks capital appreciation in the long term and income by investing in companies across any size outside the United States.

The fund utilizes a screening process to identify sub-advisers that satisfy its Diversity and Inclusion Criteria.

The Diversity and Inclusion Criteria are based on factors such as employee composition, ownership composition, community engagement and supplier diversity.

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

The sub-advisers are Janus Ariel Investments, LLC, Aristotle Capital Management, LLC, ARK Investment Management, LLC, EARNEST Partners, LLC, Mar Vista Investment Partners, LLC, and Strategic Global Advisors, LLC.

Each sub-adviser acts independently from the others and utilizes its own distinct investment style in selecting securities. However, each sub-adviser must operate within the constraints of the fund’s investment objective, strategies and restrictions.

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 focuses on securities of companies listed on a domestic or foreign exchange.

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 at least 40%, and may invest up to 100%, of its net assets in the securities of companies economically tied to a foreign (non-U.S.) country, including emerging and frontier market countries.

Additionally, the fund will not focus on a particular investment style, and will be invested across investment styles.

Also, the fund may invest in derivatives for hedging purposes or to gain exposure to certain countries.

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 focuses on securities of U.S. and non-U.S. companies.

Then the team prefers companies that are trading at discounts to their estimated intrinsic value.

In addition, the team looks for companies with free cash flows and that invest excess cash prudently.

Also, the team visits companies and conducts other research on the companies and their industries.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team utilizes independent, in-house research to analyze each company.

Also, the team visit companies and conduct other research on the companies and their industries.

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 holds 30 to 60 stocks, and as a result, a higher percentage of the fund’s net assets may at times be invested in a particular region, sector or industry.

Generally, the fund will invest in the securities of companies located in at least three countries. However, there are no geographic limits on the fund’s non-U.S. investments.

Typically, the fund invests between 25% and 75% of its net assets in securities of U.S. companies and between 25% and 75% of its net assets in securities of non-U.S. companies.

The fund may invest in securities of companies located in developed or emerging markets, such as the Asia-Pacific region, Eastern Europe, the Middle East, Central and South America, and Africa.

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 focuses on securities of U.S. and non-U.S. companies.

Then the team prefers companies that are trading at discounts to their estimated intrinsic value.

In addition, the team looks for companies with free cash flows and that invest excess cash prudently.

Also, the team visits companies and conducts other research on the companies and their industries.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team utilizes independent, in-house research to analyze each company.

Also, the team visit companies and conduct other research on the companies and their industries.

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 holds 30 to 60 stocks, and as a result, a higher percentage of the fund’s net assets may at times be invested in a particular region, sector or industry.

Generally, the fund will invest in the securities of companies located in at least three countries. However, there are no geographic limits on the fund’s non-U.S. investments.

Typically, the fund invests between 25% and 75% of its net assets in securities of U.S. companies and between 25% and 75% of its net assets in securities of non-U.S. companies.

The fund may invest in securities of companies located in developed or emerging markets, such as the Asia-Pacific region, Eastern Europe, the Middle East, Central and South America, and Africa.

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 focuses on securities of U.S. and non-U.S. companies.

Then the team prefers companies that are trading at discounts to their estimated intrinsic value.

In addition, the team looks for companies with free cash flows and that invest excess cash prudently.

Also, the team visits companies and conducts other research on the companies and their industries.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team utilizes independent, in-house research to analyze each company.

Also, the team visit companies and conduct other research on the companies and their industries.

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 holds 30 to 60 stocks, and as a result, a higher percentage of the fund’s net assets may at times be invested in a particular region, sector or industry.

Generally, the fund will invest in the securities of companies located in at least three countries. However, there are no geographic limits on the fund’s non-U.S. investments.

Typically, the fund invests between 25% and 75% of its net assets in securities of U.S. companies and between 25% and 75% of its net assets in securities of non-U.S. companies.

The fund may invest in securities of companies located in developed or emerging markets, such as the Asia-Pacific region, Eastern Europe, the Middle East, Central and South America, and Africa.

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 focuses on securities of U.S. and non-U.S. companies.

Then the team prefers companies that are trading at discounts to their estimated intrinsic value.

In addition, the team looks for companies with free cash flows and that invest excess cash prudently.

Also, the team visits companies and conducts other research on the companies and their industries.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team utilizes independent, in-house research to analyze each company.

Also, the team visit companies and conduct other research on the companies and their industries.

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 holds 30 to 60 stocks, and as a result, a higher percentage of the fund’s net assets may at times be invested in a particular region, sector or industry.

Generally, the fund will invest in the securities of companies located in at least three countries. However, there are no geographic limits on the fund’s non-U.S. investments.

Typically, the fund invests between 25% and 75% of its net assets in securities of U.S. companies and between 25% and 75% of its net assets in securities of non-U.S. companies.

The fund may invest in securities of companies located in developed or emerging markets, such as the Asia-Pacific region, Eastern Europe, the Middle East, Central and South America, and Africa.

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 focuses on securities of U.S. and non-U.S. companies.

Then the team prefers companies that are trading at discounts to their estimated intrinsic value.

In addition, the team looks for companies with free cash flows and that invest excess cash prudently.

Also, the team favors companies whose earnings are growing and having high level of company management ownership.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team utilizes independent, in-house research to analyze each company.

In addition, the team visits companies and conducts other research on the companies and their industries.

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

The portfolio holds approximately 20 stocks, and as a result, a higher percentage of the fund’s net assets may at times be invested in a particular region, sector or industry.

Also, the fund invests at least 40% (or, if the manager deems market conditions and/or company valuations less favorable, at least 30%) of its net assets in securities of non-U.S. companies.

Generally, the fund will invest in the securities of companies located in at least three countries. However, there are no geographic limits on the fund’s non-U.S. investments.

The fund may invest in securities of companies located in developed or emerging markets, such as the Asia-Pacific region, Eastern Europe, the Middle East, Central and South America, and Africa.

The fund is non-diversified, which means that it may invest a greater portion of its assets in a more limited number of issuers than a diversified fund.

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 focuses on securities of U.S. and non-U.S. companies.

Then the team prefers companies that are trading at discounts to their estimated intrinsic value.

In addition, the team looks for companies with free cash flows and that invest excess cash prudently.

Also, the team favors companies whose earnings are growing and having high level of company management ownership.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team utilizes independent, in-house research to analyze each company.

In addition, the team visits companies and conducts other research on the companies and their industries.

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

The portfolio holds approximately 20 stocks, and as a result, a higher percentage of the fund’s net assets may at times be invested in a particular region, sector or industry.

Also, the fund invests at least 40% (or, if the manager deems market conditions and/or company valuations less favorable, at least 30%) of its net assets in securities of non-U.S. companies.

Generally, the fund will invest in the securities of companies located in at least three countries. However, there are no geographic limits on the fund’s non-U.S. investments.

The fund may invest in securities of companies located in developed or emerging markets, such as the Asia-Pacific region, Eastern Europe, the Middle East, Central and South America, and Africa.

The fund is non-diversified, which means that it may invest a greater portion of its assets in a more limited number of issuers than a diversified fund.

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 focuses on securities of U.S. and non-U.S. companies.

Then the team prefers companies that are trading at discounts to their estimated intrinsic value.

In addition, the team looks for companies with free cash flows and that invest excess cash prudently.

Also, the team favors companies whose earnings are growing and having high level of company management ownership.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team utilizes independent, in-house research to analyze each company.

In addition, the team visits companies and conducts other research on the companies and their industries.

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

The portfolio holds approximately 20 stocks, and as a result, a higher percentage of the fund’s net assets may at times be invested in a particular region, sector or industry.

Also, the fund invests at least 40% (or, if the manager deems market conditions and/or company valuations less favorable, at least 30%) of its net assets in securities of non-U.S. companies.

Generally, the fund will invest in the securities of companies located in at least three countries. However, there are no geographic limits on the fund’s non-U.S. investments.

The fund may invest in securities of companies located in developed or emerging markets, such as the Asia-Pacific region, Eastern Europe, the Middle East, Central and South America, and Africa.

The fund is non-diversified, which means that it may invest a greater portion of its assets in a more limited number of issuers than a diversified fund.

The fund seeks to provide total return that replicate the price and yield performance of the benchmark index before fees and expenses by investing in companies across any size outside the United States.

The fund utilizes a representative sampling strategy to weight companies with more favorable characteristics with respect to women’s leadership (e.g., number of women in executive positions or on the board of directors).

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 the component securities of the Impax Global Women’s Leadership Index (Women’s Index) and in American Depositary Receipts, Global Depositary Receipts and Euro Depositary Receipts representing the component securities of the Women’s Index.

Additionally, the 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.

In addition, the fund invests at least 40% (or, if the manager deems market conditions are not favorable, at least 30%) of its net assets in securities of companies organized or located outside the United States or doing a substantial amount of business outside the United States.

The fund has the flexibility to invest in growth and value securities.

Also, the fund may invest up to 20% of its net assets in certain futures, options and swap contracts, cash and cash equivalents.

The fund may invest in emerging markets and generally will be diversified across multiple countries or geographic regions.

Additionally, the fund may take significant positions in one or more sectors, including the financial services sector and the information technology sector.

The fund avoids companies that derive revenues or profits from exploration, production, refining or processing of thermal coal, oil or gas, or significant revenues or profits from storage, distribution or power generation from the same.

The fund seeks to provide total return that replicate the price and yield performance of the benchmark index before fees and expenses by investing in companies across any size outside the United States.

The fund utilizes a representative sampling strategy to weight companies with more favorable characteristics with respect to women’s leadership (e.g., number of women in executive positions or on the board of directors).

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 the component securities of the Impax Global Women’s Leadership Index (Women’s Index) and in American Depositary Receipts, Global Depositary Receipts and Euro Depositary Receipts representing the component securities of the Women’s Index.

Additionally, the 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.

In addition, the fund invests at least 40% (or, if the manager deems market conditions are not favorable, at least 30%) of its net assets in securities of companies organized or located outside the United States or doing a substantial amount of business outside the United States.

The fund has the flexibility to invest in growth and value securities.

Also, the fund may invest up to 20% of its net assets in certain futures, options and swap contracts, cash and cash equivalents.

The fund may invest in emerging markets and generally will be diversified across multiple countries or geographic regions.

Additionally, the fund may take significant positions in one or more sectors, including the financial services sector and the information technology sector.

The fund avoids companies that derive revenues or profits from exploration, production, refining or processing of thermal coal, oil or gas, or significant revenues or profits from storage, distribution or power generation from the same.

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

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

Next, the research team focuses on companies whose businesses and technologies focus on environmental markets, including alternative energy and energy efficiency; water infrastructure technologies and pollution control; environmental support services and waste management technologies; and sustainable food, agriculture and forestry.

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 with positive overall environmental performance.

The team also prefers companies whose products or services help other companies and countries improve their environmental performance.

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 has the flexibility to invest in growth or value stocks or a combination of both.

The fund will invest in securities of companies located around the world, including at least 40% of its net assets in securities of non-U.S. issuers, including those located in emerging markets.

In addition, the fund’s investments may be diversified across multiple countries or geographic regions, or may be focused on a select geographic region, although the fund will normally have investments in a minimum of three countries other than the United States.

Also, the fund seeks to avoid investing in companies with significant environmental problems or worsening environmental profiles.

The fund avoids companies that derive revenues or profits from exploration, production, refining or processing of thermal coal, oil or gas, or significant revenues or profits from storage, distribution or power generation from the same.

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

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

Next, the research team focuses on companies whose businesses and technologies focus on environmental markets, including alternative energy and energy efficiency; water infrastructure technologies and pollution control; environmental support services and waste management technologies; and sustainable food, agriculture and forestry.

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 with positive overall environmental performance.

The team also prefers companies whose products or services help other companies and countries improve their environmental performance.

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 has the flexibility to invest in growth or value stocks or a combination of both.

The fund will invest in securities of companies located around the world, including at least 40% of its net assets in securities of non-U.S. issuers, including those located in emerging markets.

In addition, the fund’s investments may be diversified across multiple countries or geographic regions, or may be focused on a select geographic region, although the fund will normally have investments in a minimum of three countries other than the United States.

Also, the fund seeks to avoid investing in companies with significant environmental problems or worsening environmental profiles.

The fund avoids companies that derive revenues or profits from exploration, production, refining or processing of thermal coal, oil or gas, or significant revenues or profits from storage, distribution or power generation from the same.

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

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

Next, the research team focuses on companies whose businesses and technologies focus on environmental markets, including alternative energy and energy efficiency; water infrastructure technologies and pollution control; environmental support services and waste management technologies; and sustainable food, agriculture and forestry.

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 with positive overall environmental performance.

The team also prefers companies whose products or services help other companies and countries improve their environmental performance.

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 has the flexibility to invest in growth or value stocks or a combination of both.

The fund will invest in securities of companies located around the world, including at least 40% of its net assets in securities of non-U.S. issuers, including those located in emerging markets.

In addition, the fund’s investments may be diversified across multiple countries or geographic regions, or may be focused on a select geographic region, although the fund will normally have investments in a minimum of three countries other than the United States.

Also, the fund seeks to avoid investing in companies with significant environmental problems or worsening environmental profiles.

The fund avoids companies that derive revenues or profits from exploration, production, refining or processing of thermal coal, oil or gas, or significant revenues or profits from storage, distribution or power generation from the same.

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

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

Next, the research team focuses on companies that will benefit from the transition to a more sustainable global economy, which seeks to preserves ecological and societal balance for the benefit of future generations.

The team seeks to invest in companies with durable business models that are well positioned to benefit from or avoid the risks associated with this transition.

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 with durable competitive advantages, track records of consistent returns on investment, and whose future earnings power is not reflected in their current valuations.

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 typically will hold between 35 and 45 securities position.

Also, the fund has the flexibility to invest in growth or value stocks or a combination of both.

The fund will invest in securities of companies located around the world, including at least 40% of its net assets in securities of companies organized or located outside the United States or doing a substantial amount of business outside the United States, including those located in emerging markets.

In addition, the fund’s investments may be diversified across multiple countries or geographic regions, or may be focused on a select geographic region, although the fund will normally have investments in a minimum of three countries other than the United States.

The fund avoids companies that derive revenues or profits from exploration, production, refining or processing of thermal coal, oil or gas, or significant revenues or profits from storage, distribution or power generation from the same.

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

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

Next, the research team focuses on companies that will benefit from the transition to a more sustainable global economy, which seeks to preserves ecological and societal balance for the benefit of future generations.

The team seeks to invest in companies with durable business models that are well positioned to benefit from or avoid the risks associated with this transition.

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 with durable competitive advantages, track records of consistent returns on investment, and whose future earnings power is not reflected in their current valuations.

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 typically will hold between 35 and 45 securities position.

Also, the fund has the flexibility to invest in growth or value stocks or a combination of both.

The fund will invest in securities of companies located around the world, including at least 40% of its net assets in securities of companies organized or located outside the United States or doing a substantial amount of business outside the United States, including those located in emerging markets.

In addition, the fund’s investments may be diversified across multiple countries or geographic regions, or may be focused on a select geographic region, although the fund will normally have investments in a minimum of three countries other than the United States.

The fund avoids companies that derive revenues or profits from exploration, production, refining or processing of thermal coal, oil or gas, or significant revenues or profits from storage, distribution or power generation from the same.

The fund seeks aggressive growth 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 mutual funds and exchange-traded funds (Underlying Funds), with each Underlying Fund investing in foreign equity securities.

Then the research team utilizes a proprietary investment analysis called Rational Analysis to integrate elements of fundamental analysis, technical analysis and quantitative analysis into a rational decision-making model, in selecting Underlying Funds for the fund.

Technical analysis involves evaluating securities by analyzing statistics generated by market activity, such as past prices and volume.

Fundamental analysis involves evaluating intrinsic value of securities by examining economic, financial and other qualitative and quantitative factors.

Fundamental analysis attempts to examine all of the factors that can affect the value of securities of an Underlying Fund, including macroeconomic factors like the overall economy and industry conditions and factors specific to an individual security such as the financial condition and management of a company.

In the quantitative analysis the investment team utilizes mathematical and statistical calculations for an analysis of Beta, standard deviation, and Sharpe ratios.

The research team then seeks to blend together information from each approach depending on a particular security, or a specific portfolio of securities into a rational approach to investment decision making.

Further, the team utilizes RiskPro which provides an estimate of the range of gain or loss of a portfolio of securities over a forward-looking rolling twelve-month period.

RiskPro’s algorithms take into account the volatility of the portfolio over the prior twelve months; a comparison of the portfolio’s volatility over the prior twelve-month period to the volatility of the S&P 500 Index, and the long-term volatility of the S&P 500 Index.

Depending on market conditions, the fund’s potential gain or loss, as estimated by RiskPro may be below 30% from time to time.

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 at least 40% of its net assets (or 30% of its net assets if conditions are not favorable) in Underlying Funds that invest in foreign equity securities.

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 substantially all of its assets in Institutional Class shares of the PIMCO RAE US Fund, the PIMCO RAE International Fund, and the PIMCO RAE Emerging Markets Fund known as the Underlying Funds and also, securities that are eligible investments for the Underlying Funds.

Then each of the Underlying Funds obtains exposure through investment in the securities that comprise the RAE Portfolio.

The stocks are selected from a broad universe of companies which satisfy certain liquidity and capacity requirements.

Then the team employs the RAE methodology for portfolio construction which is a rules-based model to select stocks that indicate higher estimated returns on the basis of value, quality and momentum characteristics.

Next, the model weights selected stocks by evaluating a company’s sales, cash flow, dividends and book value.

The RAE methodology’s systematic portfolio rebalancing reflects a value orientation.

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

Also, the fund’s portfolio, either directly or indirectly (through funds), will be economically tied to at least three countries (one of which may be the U.S.).

Additionally, the fund may invest in derivative instruments, such as options, forwards, futures contracts, options on futures and swap agreements.

The fund may also invest in real estate investment trusts.

In addition, the fund may also enter into reverse repurchase agreements and lend portfolio securities.

Additionally, the fund may invest, without limitation, in securities and instruments denominated in foreign currencies and may also invest, without limitation, in securities of foreign issuers.

The fund may invest, without limitation, in securities and instruments that are economically tied to emerging 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 substantially all of its assets in Institutional Class shares of the PIMCO RAE US Fund, the PIMCO RAE International Fund, and the PIMCO RAE Emerging Markets Fund known as the Underlying Funds and also, securities that are eligible investments for the Underlying Funds.

Then each of the Underlying Funds obtains exposure through investment in the securities that comprise the RAE Portfolio.

The stocks are selected from a broad universe of companies which satisfy certain liquidity and capacity requirements.

Then the team employs the RAE methodology for portfolio construction which is a rules-based model to select stocks that indicate higher estimated returns on the basis of value, quality and momentum characteristics.

Next, the model weights selected stocks by evaluating a company’s sales, cash flow, dividends and book value.

The RAE methodology’s systematic portfolio rebalancing reflects a value orientation.

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

Also, the fund’s portfolio, either directly or indirectly (through funds), will be economically tied to at least three countries (one of which may be the U.S.).

Additionally, the fund may invest in derivative instruments, such as options, forwards, futures contracts, options on futures and swap agreements.

The fund may also invest in real estate investment trusts.

In addition, the fund may also enter into reverse repurchase agreements and lend portfolio securities.

Additionally, the fund may invest, without limitation, in securities and instruments denominated in foreign currencies and may also invest, without limitation, in securities of foreign issuers.

The fund may invest, without limitation, in securities and instruments that are economically tied to emerging 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 substantially all of its assets in Institutional Class shares of the PIMCO RAE US Fund, the PIMCO RAE International Fund, and the PIMCO RAE Emerging Markets Fund known as the Underlying Funds and also, securities that are eligible investments for the Underlying Funds.

Then each of the Underlying Funds obtains exposure through investment in the securities that comprise the RAE Portfolio.

The stocks are selected from a broad universe of companies which satisfy certain liquidity and capacity requirements.

Then the team employs the RAE methodology for portfolio construction which is a rules-based model to select stocks that indicate higher estimated returns on the basis of value, quality and momentum characteristics.

Next, the model weights selected stocks by evaluating a company’s sales, cash flow, dividends and book value.

The RAE methodology’s systematic portfolio rebalancing reflects a value orientation.

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

Also, the fund’s portfolio, either directly or indirectly (through funds), will be economically tied to at least three countries (one of which may be the U.S.).

Additionally, the fund may invest in derivative instruments, such as options, forwards, futures contracts, options on futures and swap agreements.

The fund may also invest in real estate investment trusts.

In addition, the fund may also enter into reverse repurchase agreements and lend portfolio securities.

Additionally, the fund may invest, without limitation, in securities and instruments denominated in foreign currencies and may also invest, without limitation, in securities of foreign issuers.

The fund may invest, without limitation, in securities and instruments that are economically tied to emerging market countries.

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 in securities of issuers located throughout the world.

The team focuses on underappreciated companies that exhibit superior fundamental characteristics.

As part of the process, the team integrates a top-down view of the global macro-economic landscape with bottom up equity analysis.

The research process is driven by fundamental analysis of one stock at a time. The team favors companies that are demonstrating above average potential for sales and earnings growth and also, that are also trading at attractive valuations.

In selecting securities for the portfolio, the research team also reviews a company’s financial statements and operations.

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

Also, the fund may invest in both developed and emerging markets without limit.

The fund may invest in securities in any industry or market sector.

Additionally, the fund may invest up to 20% of its net assets in debt securities, including up to 5% of its net assets in below investment grade debt securities, and cash and cash equivalents.

The fund may invest in initial public offerings of equity securities.

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 in securities of issuers located throughout the world.

The team focuses on underappreciated companies that exhibit superior fundamental characteristics.

As part of the process, the team integrates a top-down view of the global macro-economic landscape with bottom up equity analysis.

The research process is driven by fundamental analysis of one stock at a time. The team favors companies that are demonstrating above average potential for sales and earnings growth and also, that are also trading at attractive valuations.

In selecting securities for the portfolio, the research team also reviews a company’s financial statements and operations.

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

Also, the fund may invest in both developed and emerging markets without limit.

The fund may invest in securities in any industry or market sector.

Additionally, the fund may invest up to 20% of its net assets in debt securities, including up to 5% of its net assets in below investment grade debt securities, and cash and cash equivalents.

The fund may invest in initial public offerings of equity securities.

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 in securities of issuers located throughout the world.

The team focuses on underappreciated companies that exhibit superior fundamental characteristics.

As part of the process, the team integrates a top-down view of the global macro-economic landscape with bottom up equity analysis.

The research process is driven by fundamental analysis of one stock at a time. The team favors companies that are demonstrating above average potential for sales and earnings growth and also, that are also trading at attractive valuations.

In selecting securities for the portfolio, the research team also reviews a company’s financial statements and operations.

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

Also, the fund may invest in both developed and emerging markets without limit.

The fund may invest in securities in any industry or market sector.

Additionally, the fund may invest up to 20% of its net assets in debt securities, including up to 5% of its net assets in below investment grade debt securities, and cash and cash equivalents.

The fund may invest in initial public offerings of equity securities.

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 in securities of issuers located throughout the world.

The team focuses on underappreciated companies that exhibit superior fundamental characteristics.

As part of the process, the team integrates a top-down view of the global macro-economic landscape with bottom up equity analysis.

The research process is driven by fundamental analysis of one stock at a time. The team favors companies that are demonstrating above average potential for sales and earnings growth and also, that are also trading at attractive valuations.

In selecting securities for the portfolio, the research team also reviews a company’s financial statements and operations.

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

Also, the fund may invest in both developed and emerging markets without limit.

The fund may invest in securities in any industry or market sector.

Additionally, the fund may invest up to 20% of its net assets in debt securities, including up to 5% of its net assets in below investment grade debt securities, and cash and cash equivalents.

The fund may invest in initial public offerings of equity securities.

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 in securities of U.S. and non-U.S. companies.

The team prefers companies that demonstrate potential for capital growth.

In selecting securities for the portfolio, the research team focuses on companies exhibiting characteristics such as above average earnings growth and attractive relative valuation.

The team also looks at the quality of the securities and whether the issuer has any proprietary advantages.

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 50% of its net assets in foreign securities, including American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts.

Also, the fund may invest up to 10% of its net assets in the securities of companies located in countries considered to have emerging market economies.

The fund seeks capital appreciation by investing in large- and mid-size companies around the world including the United States.

The fund pursues a flexible investment strategy and invests in companies that may be trading cheaper than the broader market or peers and companies that are growing at a faster rate.

The investment process is driven by fundamental analysis and quantitative tools guide the research team in stock analysis and looks for multiple sources of return. The team also looks for companies that offer attractive relative values based on the long-term growth.

The fund practices strong sell discipline and control risk with position sizes and diversification across sectors, industries and regions.

The fund seeks capital appreciation by investing in large- and mid-size companies around the world including the United States.

The fund pursues a flexible investment strategy and invests in companies that may be trading cheaper than the broader market or peers and companies that are growing at a faster rate.

The investment process is driven by fundamental analysis and quantitative tools guide the research team in stock analysis and looks for multiple sources of return. The team also looks for companies that offer attractive relative values based on the long-term growth.

The fund practices strong sell discipline and control risk with position sizes and diversification across sectors, industries and regions.

The fund seeks capital appreciation by investing in large- and mid-size companies around the world including the United States.

The fund pursues a flexible investment strategy and invests in companies that may be trading cheaper than the broader market or peers and companies that are growing at a faster rate.

The investment process is driven by fundamental analysis and quantitative tools guide the research team in stock analysis and looks for multiple sources of return. The team also looks for companies that offer attractive relative values based on the long-term growth.

The fund practices strong sell discipline and control risk with position sizes and diversification across sectors, industries and regions.

The fund seeks capital appreciation by investing in large- and mid-size companies around the world including the United States.

The fund pursues a flexible investment strategy and invests in companies that may be trading cheaper than the broader market or peers and companies that are growing at a faster rate.

The investment process is driven by fundamental analysis and quantitative tools guide the research team in stock analysis and looks for multiple sources of return. The team also looks for companies that offer attractive relative values based on the long-term growth.

The fund practices strong sell discipline and control risk with position sizes and diversification across sectors, industries and regions.

The fund seeks capital appreciation by investing in large- and mid-size companies around the world including the United States.

The fund pursues a flexible investment strategy and invests in companies that may be trading cheaper than the broader market or peers and companies that are growing at a faster rate.

The investment process is driven by fundamental analysis and quantitative tools guide the research team in stock analysis and looks for multiple sources of return. The team also looks for companies that offer attractive relative values based on the long-term growth.

The fund practices strong sell discipline and control risk with position sizes and diversification across sectors, industries and regions.

The fund seeks capital appreciation by investing in large- and mid-size companies around the world including the United States.

The fund pursues a flexible investment strategy and invests in companies that may be trading cheaper than the broader market or peers and companies that are growing at a faster rate.

The investment process is driven by fundamental analysis and quantitative tools guide the research team in stock analysis and looks for multiple sources of return. The team also looks for companies that offer attractive relative values based on the long-term growth.

The fund practices strong sell discipline and control risk with position sizes and diversification across sectors, industries and regions.

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

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

Next, the research team invests in equity and equity-related securities.

The team evaluates companies on the basis of factors such as value, cash flow, earnings growth and sentiment.

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.

Region, country and sector allocations are based on rankings generated by the proprietary models.

Additionally, the fund seeks investment opportunities anywhere in the world, and invests in at least three countries, which may include the United States.

The fund may invest up to 25% of its net assets in emerging market issuers.

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

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

Next, the research team invests in equity and equity-related securities.

The team evaluates companies on the basis of factors such as value, cash flow, earnings growth and sentiment.

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.

Region, country and sector allocations are based on rankings generated by the proprietary models.

Additionally, the fund seeks investment opportunities anywhere in the world, and invests in at least three countries, which may include the United States.

The fund may invest up to 25% of its net assets in emerging market issuers.

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

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

Next, the research team invests in equity and equity-related securities.

The team evaluates companies on the basis of factors such as value, cash flow, earnings growth and sentiment.

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.

Region, country and sector allocations are based on rankings generated by the proprietary models.

Additionally, the fund seeks investment opportunities anywhere in the world, and invests in at least three countries, which may include the United States.

The fund may invest up to 25% of its net assets in emerging market issuers.

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

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

Next, the research team invests in equity and equity-related securities.

The team evaluates companies on the basis of factors such as value, cash flow, earnings growth and sentiment.

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.

Region, country and sector allocations are based on rankings generated by the proprietary models.

Additionally, the fund seeks investment opportunities anywhere in the world, and invests in at least three countries, which may include the United States.

The fund may invest up to 25% of its net assets in emerging market issuers.

The fund seeks total return in the long term by investing in companies outside the United States.

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

Next, the research team invests the fund’s assets globally in a range of equity asset classes and in fixed income securities, real estate equities and commodity linked equities.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team focuses on companies that have high or improving returns on capital, barriers to competition and compelling valuations.

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

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

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

The fund manages assets with the help of three money managers namely Intermede Investment Partners Limited and Intermede Global Partners Inc., Wellington Management Company LLP, and 
Sanders Capital, LLC.

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

The multi-manager fund also pursues multi-style investment including growth, value, market-oriented, and defensive investing styles.

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 economically tied to a number of countries around the world, including the U.S., and in depositary receipts.

The team considers emerging market countries to include every country in the world except Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Luxembourg, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom and the United States.

The fund’s money managers provide a model portfolio to Russell Investment Management representing their investment recommendations, based upon which RIM purchases and sells securities for the fund.

RIM manages the fund’s assets not allocated to money manager strategies and invests in securities and instruments which provide the desired exposures.

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, including stock options, country index futures and swaps or currency forwards.

Also, the fund may utilize derivatives to take both long and short positions.

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 non-U.S. equity securities.

As part of its company research process, the team relies on five key elements such as low valuation, discount to fair value, investment flexibility, focus and long-term perspective.

The team employs a proprietary screening process to identify companies with low valuations combined with earnings growth, cash flow and/or book value.

Foreign securities in which the fund may invest may be domiciled in countries outside of the U.S. and may be securities listed on foreign exchanges as well as in the form of depositary receipts, such as American Depositary Receipts, European Depositary Receipts and Global Depositary Receipts.

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 without limit in securities of companies located both in the U.S. and abroad and in developed or emerging markets.

However, the fund will invest in the securities of companies located in at least four different countries.

The fund may also invest In companies experiencing special situations such as hidden assets, spinoffs, liquidations, reorganizations, recapitalizations, mergers, management changes and technological changes.

In addition, the fund may invest up to 30% of its net assets in fixed-income securities.

The fund may also invest up to 30% of its net assets in non-money market investment companies, including mutual funds and exchange-traded funds.

Additionally, the fund may invest up to 100% of its net assets in cash, cash equivalents, and high-quality, short-term debt securities, money market mutual funds and money market instruments for temporary defensive purposes.

The fund seeks to manage stock market volatility by adjusting exposure to stocks and hedging instruments including options and cash position.

Through exchange trade funds, the fund invests in stocks and the investment team increases or decreases exposure to stocks depending on the market conditions. The equity exposure can range as low as 10% to as high as 100% depending on market volatility.

The fund targets to achieve an average annualized volatility of 10% or less over a longer period of time.  

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

The fund manages assets with the help of seven sub-advisers namely Brandywine Global Investment Management, LLC, Coho Partners, Ltd., Copeland Capital Management, LLC, EARNEST Partners LLC, Fred Alger Management, LLC, Parametric Portfolio Associates LLC, and Snow Capital Management, L.P.

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

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 securities of companies demonstrating long-term growth potential.

The team seeks to make investment decisions consistent with the principles of the Catholic Church with respect to a range of social and moral concerns.

These social and moral concerns may include protecting human life, promoting human dignity, reducing arms production, pursuing economic justice, protecting the environment, and encouraging corporate responsibility. This will be accomplished through the reliance on the principles contained in the United States Conference of Catholic Bishops' Socially Responsible Investing Guidelines.

In selecting potential investments, the team prefers companies with financial strength and then evaluated according to the fund's social criteria.

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.

Next, the overlay manager constructs a portfolio that represents the aggregation of the model portfolios of the sub-advisers.

The fund invests in securities of domestic companies, but may also; invest in securities of foreign companies, which may include companies in emerging markets.

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

The fund manages assets with the help of seven sub-advisers namely Brandywine Global Investment Management, LLC, Coho Partners, Ltd., Copeland Capital Management, LLC, EARNEST Partners LLC, Fred Alger Management, LLC, Parametric Portfolio Associates LLC, and Snow Capital Management, L.P.

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

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 securities of companies demonstrating long-term growth potential.

The team seeks to make investment decisions consistent with the principles of the Catholic Church with respect to a range of social and moral concerns.

These social and moral concerns may include protecting human life, promoting human dignity, reducing arms production, pursuing economic justice, protecting the environment, and encouraging corporate responsibility. This will be accomplished through the reliance on the principles contained in the United States Conference of Catholic Bishops' Socially Responsible Investing Guidelines.

In selecting potential investments, the team prefers companies with financial strength and then evaluated according to the fund's social criteria.

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.

Next, the overlay manager constructs a portfolio that represents the aggregation of the model portfolios of the sub-advisers.

The fund invests in securities of domestic companies, but may also; invest in securities of foreign companies, which may include companies in emerging markets.

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

The fund manages assets with the help of two sub-advisers namely Acadian Asset Management LLC, and Wells Capital Management Incorporated.

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

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 securities of U.S. and foreign companies.

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

The fund seeks to achieve lower volatility by constructing a portfolio of securities that will produce a less volatile return than the market over time.

The fund will invest in at least three countries outside of the U.S. and is estimated that at least 40% of the fund's net assets will be invested in non-U.S. securities.

Also, the fund will invest in companies located in developed countries, but may also invest in companies located in emerging markets.

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

The fund manages assets with the help of two sub-advisers namely Acadian Asset Management LLC, and Wells Capital Management Incorporated.

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

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 securities of U.S. and foreign companies.

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

The fund seeks to achieve lower volatility by constructing a portfolio of securities that will produce a less volatile return than the market over time.

The fund will invest in at least three countries outside of the U.S. and is estimated that at least 40% of the fund's net assets will be invested in non-U.S. securities.

Also, the fund will invest in companies located in developed countries, but may also invest in companies located in emerging markets.

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

The fund manages assets with the help of two sub-advisers namely Acadian Asset Management LLC, and Wells Capital Management Incorporated.

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

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 securities of U.S. and foreign companies.

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

The fund seeks to achieve lower volatility by constructing a portfolio of securities that will produce a less volatile return than the market over time.

The fund will invest in at least three countries outside of the U.S. and is estimated that at least 40% of the fund's net assets will be invested in non-U.S. securities.

Also, the fund will invest in companies located in developed countries, but may also invest in companies located in emerging markets.

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

The fund manages assets with the help of two sub-advisers namely Acadian Asset Management LLC, and Wells Capital Management Incorporated.

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

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 securities of U.S. and foreign companies.

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

The fund seeks to achieve lower volatility by constructing a portfolio of securities that will produce a less volatile return than the market over time.

The fund will invest in at least three countries outside of the U.S. and is estimated that at least 40% of the fund's net assets will be invested in non-U.S. securities.

Also, the fund will invest in companies located in developed countries, but may also invest in companies located in emerging markets.

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

The fund utilizes a multi-manager approach, relying on a number of sub-advisers with differing investment strategies to manage portions of the fund’s portfolio.

The fund manages assets with the help of 11 sub-advisers namely AS Trigon Asset Management, Fiera Capital Inc, Fondsmæglerselskabet Maj Invest A/S, Intech Investment Management LLC,LSV Asset Management, Mackenzie Investments Corporation, Metropole Gestion SA, Poplar Forest Capital LLC, Rhicon Currency Management Pte Ltd, Sompo Asset Management Co., Ltd., and Towle & Co.

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

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 securities of U.S. and foreign companies.

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 of foreign issuers located in developed or emerging market countries, including frontier markets.

Also, the fund may invest in securities denominated in U.S. dollars or foreign currency.

The manager may attempt to take advantage of certain inefficiencies in the currency exchange market, to increase the fund’s exposure to a foreign currency or to shift exposure to foreign currency fluctuations from one currency to another.

The fund estimates to invest at least 40% of its assets in the securities of companies that are tied economically to at least three countries outside the U.S.

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 in equity securities.

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 portfolio holds securities that demonstrate less volatility, but with more capital protection and consistent returns characteristics.

The fund invests at least 40% of its net assets (or 30% of its net assets if market conditions are not deemed favorable) in non-U.S. companies.

The fund defines non-U.S. companies as companies that are organized under the laws of a foreign country, or whose principal trading market is in a foreign country.

Also, the fund considers non-U.S. companies as companies that have a majority of their assets or derive a significant portion of their revenue or profits from businesses, investments or sales, outside of the United States.

The fund may invest in securities of foreign issuers either directly or through depository receipts, including American Depository Receipts.

Additionally, the fund may also invest in other registered investment companies, including exchange-traded funds.

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 established companies throughout the world, including the U.S.

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

The team emphasizes companies exhibiting durable above-average earnings growth over the long term.

In addition, the team favors companies that are trading at reasonable prices in relation to present or anticipated earnings, cash flow, or book value.

Additionally, the team prefers companies with leading or improving market position, attractive business niche, attractive or improving franchise or industry position, and proven management teams.

The team also seeks companies with consistent or improving earnings and/or cash flow, and sound or improving balance sheet.

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 across industries in developed and, emerging markets.

Also, the fund invests in at least five countries, one of which is the U.S.

The fund invests at least 40% of its net assets in companies outside the U.S. (at least 30% if foreign market conditions are not favorable).

While the fund has the flexibility to invest in stocks of companies across market capitalizations, it will typically focus on large- and mid-cap growth stocks.

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 established companies throughout the world, including the U.S.

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

The team emphasizes companies exhibiting durable above-average earnings growth over the long term.

In addition, the team favors companies that are trading at reasonable prices in relation to present or anticipated earnings, cash flow, or book value.

Additionally, the team prefers companies with leading or improving market position, attractive business niche, attractive or improving franchise or industry position, and proven management teams.

The team also seeks companies with consistent or improving earnings and/or cash flow, and sound or improving balance sheet.

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 across industries in developed and, emerging markets.

Also, the fund invests in at least five countries, one of which is the U.S.

The fund invests at least 40% of its net assets in companies outside the U.S. (at least 30% if foreign market conditions are not favorable).

While the fund has the flexibility to invest in stocks of companies across market capitalizations, it will typically focus on large- and mid-cap growth stocks.

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 established companies throughout the world, including the U.S.

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

The team emphasizes companies exhibiting durable above-average earnings growth over the long term.

In addition, the team favors companies that are trading at reasonable prices in relation to present or anticipated earnings, cash flow, or book value.

Additionally, the team prefers companies with leading or improving market position, attractive business niche, attractive or improving franchise or industry position, and proven management teams.

The team also seeks companies with consistent or improving earnings and/or cash flow, and sound or improving balance sheet.

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 across industries in developed and, emerging markets.

Also, the fund invests in at least five countries, one of which is the U.S.

The fund invests at least 40% of its net assets in companies outside the U.S. (at least 30% if foreign market conditions are not favorable).

While the fund has the flexibility to invest in stocks of companies across market capitalizations, it will typically focus on large- and mid-cap growth stocks.

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 in equity securities.

Then the research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team employs a quantitative management strategy.

The team focuses on companies on the basis of returns on equity, capital expenditure, and projected growth rates.

In addition, the team also focuses on valuation multiples such as earnings, cash flows, and book value.

The team ranks stocks on the basis of their relative valuation, profitability, stability, earnings quality, management capital allocations actions, and indicators of near term appreciation 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 at least 40% of its net assets (or 30% of its net assets if foreign market conditions are not favorable) in companies outside the U.S., including securities of emerging market issuers.

While the fund has the flexibility to invest in stocks of companies across market capitalizations, it will typically focus on large- and mid-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 in equity securities.

Then the research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team employs a quantitative management strategy.

The team focuses on companies on the basis of returns on equity, capital expenditure, and projected growth rates.

In addition, the team also focuses on valuation multiples such as earnings, cash flows, and book value.

The team ranks stocks on the basis of their relative valuation, profitability, stability, earnings quality, management capital allocations actions, and indicators of near term appreciation 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 at least 40% of its net assets (or 30% of its net assets if foreign market conditions are not favorable) in companies outside the U.S., including securities of emerging market issuers.

While the fund has the flexibility to invest in stocks of companies across market capitalizations, it will typically focus on large- and mid-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 in equity securities.

Then the research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team employs a quantitative management strategy.

The team focuses on companies on the basis of returns on equity, capital expenditure, and projected growth rates.

In addition, the team also focuses on valuation multiples such as earnings, cash flows, and book value.

The team ranks stocks on the basis of their relative valuation, profitability, stability, earnings quality, management capital allocations actions, and indicators of near term appreciation 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 at least 40% of its net assets (or 30% of its net assets if foreign market conditions are not favorable) in companies outside the U.S., including securities of emerging market issuers.

While the fund has the flexibility to invest in stocks of companies across market capitalizations, it will typically focus on large- and mid-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 in companies located anywhere in the world, including developing markets.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team relies on fundamental analysis to focus on the market price of a company’s securities relative to its long-term earnings, asset value and cash flow potential.

In addition, the team considers a company’s valuation multiple such as earnings and cash flow, as well as profit margins and liquidation 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.

From time to time, based on economic conditions, the fund may have significant positions in particular regions, countries or sectors.

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 in companies located anywhere in the world, including developing markets.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team relies on fundamental analysis to focus on the market price of a company’s securities relative to its long-term earnings, asset value and cash flow potential.

In addition, the team considers a company’s valuation multiple such as earnings and cash flow, as well as profit margins and liquidation 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.

From time to time, based on economic conditions, the fund may have significant positions in particular regions, countries or sectors.

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 in companies located anywhere in the world, including developing markets.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team relies on fundamental analysis to focus on the market price of a company’s securities relative to its long-term earnings, asset value and cash flow potential.

In addition, the team considers a company’s valuation multiple such as earnings and cash flow, as well as profit margins and liquidation 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.

From time to time, based on economic conditions, the fund may have significant positions in particular regions, countries or sectors.

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 in equity securities globally.

The team focuses on securities that exhibit low volatility returns.

In addition, the team reviews a company’s track record of earnings growth and estimated future growth, valuation, and price momentum.

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 securities denominated in U.S. dollars and the currencies of the foreign countries in which it may invest.
 

The fund seeks to appreciate capital through investing in large-size companies around the world including the United States.

The fund is sub-advised by Rockefeller & Co. LLC.

The investment process starts with companies in the MSCI All Country World Index and narrows down the list using fundamental analysis, sector research, quantitative metrics and valuation guidelines. The team then looks for companies with high and/or improving margins, strong competitive advantage and sector or market leaders.

The team favors companies with attractive valuation and companies with high barriers to competitions.

The fund has the flexibility to invest across all market capitalizations but prefers to invest in larger size and more established companies. In addition, the fund can invest up to 30% of its assets in emerging and frontier markets.

Geographically, the fund allocates about 50% of its assets in the U.S. and Japan, France, U.K., and Germany account for 35%.  

The fund seeks to appreciate capital through investing in large-size companies around the world including the United States.

The fund is sub-advised by Rockefeller & Co. LLC.

The investment process starts with companies in the MSCI All Country World Index and narrows down the list using fundamental analysis, sector research, quantitative metrics and valuation guidelines. The team then looks for companies with high and/or improving margins, strong competitive advantage and sector or market leaders.

The team favors companies with attractive valuation and companies with high barriers to competitions.

The fund has the flexibility to invest across all market capitalizations but prefers to invest in larger size and more established companies. In addition, the fund can invest up to 30% of its assets in emerging and frontier markets.

Geographically, the fund allocates about 50% of its assets in the U.S. and Japan, France, U.K., and Germany account for 35%.  

The fund seeks to appreciate capital through investing in large-size companies around the world including the United States.

The fund is sub-advised by Rockefeller & Co. LLC.

The investment process starts with companies in the MSCI All Country World Index and narrows down the list using fundamental analysis, sector research, quantitative metrics and valuation guidelines. The team then looks for companies with high and/or improving margins, strong competitive advantage and sector or market leaders.

The team favors companies with attractive valuation and companies with high barriers to competitions.

The fund has the flexibility to invest across all market capitalizations but prefers to invest in larger size and more established companies. In addition, the fund can invest up to 30% of its assets in emerging and frontier markets.

Geographically, the fund allocates about 50% of its assets in the U.S. and Japan, France, U.K., and Germany account for 35%.  

The fund seeks to appreciate capital through investing in large-size companies around the world including the United States.

The fund is sub-advised by Rockefeller & Co. LLC.

The investment process starts with companies in the MSCI All Country World Index and narrows down the list using fundamental analysis, sector research, quantitative metrics and valuation guidelines. The team then looks for companies with high and/or improving margins, strong competitive advantage and sector or market leaders.

The team favors companies with attractive valuation and companies with high barriers to competitions.

The fund has the flexibility to invest across all market capitalizations but prefers to invest in larger size and more established companies. In addition, the fund can invest up to 30% of its assets in emerging and frontier markets.

Geographically, the fund allocates about 50% of its assets in the U.S. and Japan, France, U.K., and Germany account for 35%.  

The fund seeks long-term capital appreciation by investing in companies around the world including the United States.

The fund starts with a list of companies in the benchmark index and then the research team with the help of quantitative research narrows the investable universe to include companies that meet hurdles on debt, earnings, cash flow, and growth.

The team then conducts a detailed review of financial statements including a broad set of sustainability ESG issues including board diversity, climate change policies, and supply chain and human rights policies.

ESG criteria vary from industry by industry and the fund prefers to invest in companies with a proven track record of financial success and are leaders in implementing ESG policies and offer above-average growth potential.

The fund generally invests 50%, and at least 40% of its total assets in securities issued by foreign companies.

The fund seeks long-term capital appreciation by investing in companies around the world including the United States.

The fund starts with a list of companies in the benchmark index and then the research team with the help of quantitative research narrows the investable universe to include companies that meet hurdles on debt, earnings, cash flow, and growth.

The team then conducts a detailed review of financial statements including a broad set of sustainability ESG issues including board diversity, climate change policies, and supply chain and human rights policies.

ESG criteria vary from industry by industry and the fund prefers to invest in companies with a proven track record of financial success and are leaders in implementing ESG policies and offer above-average growth potential.

The fund generally invests 50%, and at least 40% of its total assets in securities issued by foreign companies.

The fund seeks to maximize total return 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 equity securities.

The team focuses on attractively-valued companies that integrate sustainability factors into the business model to build a competitive advantage.

Also, the team prefers companies whose products and services can create meaningful, intentional, verifiable and measurable impact on the society and the environment.

Next, the team favors companies that are aligned with the United Nations Sustainable Development Goals.

In selecting securities for the portfolio, the team employs both a positive and negative screening process.

The negative screening process will exclude from the fund’s portfolio securities with more than 5% of sales in industries such as alcohol, tobacco, defense, nuclear, gambling, and pornography.

The positive screening process identifies securities of companies that are fundamentally attractive with superior valuation characteristics.

In addition, the positive screening process focuses on companies that provide solutions to significant global challenges through the impact of their products and services.

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 issuers from both developed markets (including the United States) and emerging markets.

Also, the derivatives may invest in futures, forward currency agreements and equity participation notes.

The fund also may use futures contracts on equity securities and indices to gain market exposure on its uninvested cash.
 

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.

The process employs a fund of funds strategy.

Next, the research team invests in a selection of affiliated mutual funds and exchange-traded funds (underlying affiliated 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 underlying affiliated funds focus on investing in equity securities over the long-term.
 

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

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk.

The fund relies on two investment advisors that follow distinct investment approaches. Each advisor independently selects and maintains a portfolio of common stocks and other investments for the fund.

The two advisors are namely Marathon Asset Management LLP and Baillie Gifford Overseas Ltd.

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

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 is a mix of value and growth stocks, as well as developed and emerging markets stocks.

Also, the portfolio holds up to 500-plus stocks from more than 30 countries.

In addition, the fund invests across a wide range of industries.

The fund invests in companies of various sizes from all over the globe, with the United States representing about 50% of its net assets.
 

The fund seeks capital appreciation by investing in companies across all market capitalizations in the U.S. and outside.

The fund combines top-down research, macro-economic views and bottom-up stock picking. The fund considers investment climate for each region and country, regulatory developments and sector dynamics across several industries.

The investment process is designed to highlight companies that can sustain growth in the long-term. The quantitative part of the process screens for companies with an attractive track record of earnings, revenues and return on capital. Qualitative part of the research focuses on understanding primary drivers and quality of earnings.

Understanding company valuation is an important part of the investment process.

Generally the fund has about 50% of its total investments in the U.S. and 15% in the U.K., France, Italy and Switzerland and 8% in Japan.

The fund seeks capital appreciation by investing in companies across all market capitalizations in the U.S. and outside.

The fund combines top-down research, macro-economic views and bottom-up stock picking. The fund considers investment climate for each region and country, regulatory developments and sector dynamics across several industries.

The investment process is designed to highlight companies that can sustain growth in the long-term. The quantitative part of the process screens for companies with an attractive track record of earnings, revenues and return on capital. Qualitative part of the research focuses on understanding primary drivers and quality of earnings.

Understanding company valuation is an important part of the investment process.

Generally the fund has about 50% of its total investments in the U.S. and 15% in the U.K., France, Italy and Switzerland and 8% in Japan.

The fund seeks capital appreciation by investing in companies across all market capitalizations in the U.S. and outside.

The fund combines top-down research, macro-economic views and bottom-up stock picking. The fund considers investment climate for each region and country, regulatory developments and sector dynamics across several industries.

The investment process is designed to highlight companies that can sustain growth in the long-term. The quantitative part of the process screens for companies with an attractive track record of earnings, revenues and return on capital. Qualitative part of the research focuses on understanding primary drivers and quality of earnings.

Understanding company valuation is an important part of the investment process.

Generally the fund has about 50% of its total investments in the U.S. and 15% in the U.K., France, Italy and Switzerland and 8% in Japan.

The fund seeks capital appreciation by investing in companies across all market capitalizations in the U.S. and outside.

The fund combines top-down research, macro-economic views and bottom-up stock picking. The fund considers investment climate for each region and country, regulatory developments and sector dynamics across several industries.

The investment process is designed to highlight companies that can sustain growth in the long-term. The quantitative part of the process screens for companies with an attractive track record of earnings, revenues and return on capital. Qualitative part of the research focuses on understanding primary drivers and quality of earnings.

Understanding company valuation is an important part of the investment process.

Generally the fund has about 50% of its total investments in the U.S. and 15% in the U.K., France, Italy and Switzerland and 8% in Japan.