The fund seeks capital appreciation in the long term by investing in small-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 relies on a proprietary strategy to identify companies that will increase in value over time.

The research process is driven by fundamental analysis of one stock at a time. When evaluating individual securities, the team emphasizes companies whose earnings and revenues are not only growing, but growing at an accelerating pace.

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 by investing in small-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 relies on a proprietary strategy to identify companies that will increase in value over time.

The research process is driven by fundamental analysis of one stock at a time. When evaluating individual securities, the team emphasizes companies whose earnings and revenues are not only growing, but growing at an accelerating pace.

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 by investing in small-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 relies on a proprietary strategy to identify companies that will increase in value over time.

The research process is driven by fundamental analysis of one stock at a time. When evaluating individual securities, the team emphasizes companies whose earnings and revenues are not only growing, but growing at an accelerating pace.

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 by investing in small-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 relies on a proprietary strategy to identify companies that will increase in value over time.

The research process is driven by fundamental analysis of one stock at a time. When evaluating individual securities, the team emphasizes companies whose earnings and revenues are not only growing, but growing at an accelerating pace.

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 by investing in small-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 relies on a proprietary strategy to identify companies that will increase in value over time.

The research process is driven by fundamental analysis of one stock at a time. When evaluating individual securities, the team emphasizes companies whose earnings and revenues are not only growing, but growing at an accelerating pace.

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 to invest in international companies outside the United States with market capitalization of less than $5 billion.

The investment process relies on stock selection based on fundamental criteria and industry research in local markets. Investment decisions are driven by the belief in the philosophy that companies undergoing positive change generally lasts longer than the market estimate. This longer than expected positive business environment are likely to generate larger than expected increase in earnings over a longer period of time.

The fund primarily invests in developed markets but the fund may invest as much as 30% of its assets in emerging markets.

The fund seeks to invest in international companies outside the United States with market capitalization of less than $5 billion.

The investment process relies on stock selection based on fundamental criteria and industry research in local markets. Investment decisions are driven by the belief in the philosophy that companies undergoing positive change generally lasts longer than the market estimate. This longer than expected positive business environment are likely to generate larger than expected increase in earnings over a longer period of time.

The fund primarily invests in developed markets but the fund may invest as much as 30% of its assets in emerging markets.

The fund seeks to invest in international companies outside the United States with market capitalization of less than $5 billion.

The investment process relies on stock selection based on fundamental criteria and industry research in local markets. Investment decisions are driven by the belief in the philosophy that companies undergoing positive change generally lasts longer than the market estimate. This longer than expected positive business environment are likely to generate larger than expected increase in earnings over a longer period of time.

The fund primarily invests in developed markets but the fund may invest as much as 30% of its assets in emerging markets.

The fund seeks to invest in international companies outside the United States with market capitalization of less than $5 billion.

The investment process relies on stock selection based on fundamental criteria and industry research in local markets. Investment decisions are driven by the belief in the philosophy that companies undergoing positive change generally lasts longer than the market estimate. This longer than expected positive business environment are likely to generate larger than expected increase in earnings over a longer period of time.

The fund primarily invests in developed markets but the fund may invest as much as 30% of its assets in emerging markets.

The fund seeks to invest in international companies outside the United States with market capitalization of less than $5 billion.

The investment process relies on stock selection based on fundamental criteria and industry research in local markets. Investment decisions are driven by the belief in the philosophy that companies undergoing positive change generally lasts longer than the market estimate. This longer than expected positive business environment are likely to generate larger than expected increase in earnings over a longer period of time.

The fund primarily invests in developed markets but the fund may invest as much as 30% of its assets in emerging markets.

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

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 employs a market capitalization weighted approach to focus on non-U.S. companies in countries with developed markets.

So, the higher the relative market capitalization of the company within an eligible country, the greater will be its representation in the fund’s portfolio.

Also, the team evaluates companies on factors such as free float, momentum, trading strategies, liquidity, relative price, profitability, and investment characteristics.

In assessing relative price, the team relies on valuation multiples such as cash flow or earnings, as well as economic conditions and developments in the issuer’s industry.

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

Additionally, in assessing a company’s investment characteristics, the team considers ratios such as recent changes in assets divided by total 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 fund may lend its portfolio securities to generate additional income.

The fund seeks to maximize capital appreciation by investing in small-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 non-U.S. companies.

In addition, the team evaluates a company’s business model, the competitive landscape, upcoming product introductions and recent and projected financial metrics.

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

The team assesses a company’s technical or market factors, including price and volume trends, relative strength and institutional interest.

As part of the process, the team also utilizes macroeconomic or country-specific analyses to evaluate the sustainability of a company’s growth rate.

Then the 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 looks to purchase companies regardless of geographic location and, therefore, at certain times, the fund could have sizeable positions in either developed countries or emerging markets.

The fund is not limited to a specific percentage of assets that may be invested in a single emerging market country, although at all times the fund must be invested in at least three countries (not limited to emerging markets countries).

In addition, the fund may also from time to time invest up to a maximum of 20% of its net assets in the securities of U.S. companies.

The fund may invest in companies with limited operating histories.
 

The fund seeks capital appreciation by investing in small-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 non-U.S. securities, including securities of issuers located in emerging markets and other investments that are tied economically to emerging markets.

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 emerging market countries.

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

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

Next, the research team focuses on international companies that have the potential to generate attractive returns with lower downside risk.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team favors quality companies 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 focused portfolio holds approximately 25 to 45 securities of exceptional companies operating in sectors that offer attractive potential.

The fund may invest a portion of its net assets in emerging markets securities and may, from time to time, have significant investments in a particular sector or country.

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

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

Next, the research team focuses on international companies that have the potential to generate attractive returns with lower downside risk.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team favors quality companies 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 focused portfolio holds approximately 25 to 45 securities of exceptional companies operating in sectors that offer attractive potential.

The fund may invest a portion of its net assets in emerging markets securities and may, from time to time, have significant investments in a particular sector or country.

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

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

Next, the research team focuses on international companies that have the potential to generate attractive returns with lower downside risk.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team favors quality companies 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 focused portfolio holds approximately 25 to 45 securities of exceptional companies operating in sectors that offer attractive potential.

The fund may invest a portion of its net assets in emerging markets securities and may, from time to time, have significant investments in a particular sector or country.

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

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

Next, the research team focuses on international companies that have the potential to generate attractive returns with lower downside risk.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team favors quality companies 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 focused portfolio holds approximately 25 to 45 securities of exceptional companies operating in sectors that offer attractive potential.

The fund may invest a portion of its net assets in emerging markets securities and may, from time to time, have significant investments in a particular sector or country.

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

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

Next, the research team focuses on international companies that have the potential to generate attractive returns with lower downside risk.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team favors quality companies 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 focused portfolio holds approximately 25 to 45 securities of exceptional companies operating in sectors that offer attractive potential.

The fund may invest a portion of its net assets in emerging markets securities and may, from time to time, have significant investments in a particular sector or country.

The fund seeks capital appreciation in the long term by investing in small-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 looks to invest in foreign small/micro cap companies, and will invest in at least five of the countries included in the benchmark index.

The team favors companies not yet recognized by investors, and believes that these companies have greater growth potential.

Additionally, the team categorizes companies as best-in-class growth, fallen angels, and stalwarts.

According to the team, best-in-class growth refers to high-quality companies with stable growth and having lots of undiscovered opportunities.

In fallen angels, the team looks for growth companies whose future earnings power is not reflected in their current valuations.

As far as stalwarts are concerned, the team focuses on companies trading at reasonable valuations which have good growth prospects.

Then the 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 by investing in small-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 looks to invest in foreign small/micro cap companies, and will invest in at least five of the countries included in the benchmark index.

The team favors companies not yet recognized by investors, and believes that these companies have greater growth potential.

Additionally, the team categorizes companies as best-in-class growth, fallen angels, and stalwarts.

According to the team, best-in-class growth refers to high-quality companies with stable growth and having lots of undiscovered opportunities.

In fallen angels, the team looks for growth companies whose future earnings power is not reflected in their current valuations.

As far as stalwarts are concerned, the team focuses on companies trading at reasonable valuations which have good growth prospects.

Then the 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 by investing in small-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 and depositary receipts of foreign issuers.

Then the team favors companies that demonstrate earnings or revenue 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 quality growth companies that have durable earnings growth, efficient capital allocation, and attractive prices.

Then the 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 35% of its net assets in securities of European issuers located in emerging markets countries.

Also, the fund provides exposure to investments that are economically tied to at least three different countries outside of the U.S.

In addition, the fund invests in China-A shares.

Also, the fund may at times invest a significant amount of its net assets in cash and cash equivalents, including money market funds.

The fund seeks capital appreciation in the long term by investing in small-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 and depositary receipts of foreign issuers.

Then the team favors companies that demonstrate earnings or revenue 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 quality growth companies that have durable earnings growth, efficient capital allocation, and attractive prices.

Then the 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 35% of its net assets in securities of European issuers located in emerging markets countries.

Also, the fund provides exposure to investments that are economically tied to at least three different countries outside of the U.S.

In addition, the fund invests in China-A shares.

Also, the fund may at times invest a significant amount of its net assets in cash and cash equivalents, including money market funds.

The fund seeks capital appreciation in the long term by investing in small-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 and depositary receipts of foreign issuers.

Then the team favors companies that demonstrate earnings or revenue 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 quality growth companies that have durable earnings growth, efficient capital allocation, and attractive prices.

Then the 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 35% of its net assets in securities of European issuers located in emerging markets countries.

Also, the fund provides exposure to investments that are economically tied to at least three different countries outside of the U.S.

In addition, the fund invests in China-A shares.

Also, the fund may at times invest a significant amount of its net assets in cash and cash equivalents, including money market funds.

The fund seeks capital appreciation in the long term by investing in small-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 and depositary receipts of foreign issuers.

Then the team favors companies that demonstrate earnings or revenue 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 quality growth companies that have durable earnings growth, efficient capital allocation, and attractive prices.

Then the 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 35% of its net assets in securities of European issuers located in emerging markets countries.

Also, the fund provides exposure to investments that are economically tied to at least three different countries outside of the U.S.

In addition, the fund invests in China-A shares.

Also, the fund may at times invest a significant amount of its net assets in cash and cash equivalents, including money market funds.

The fund seeks capital appreciation in the long term by investing in small-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 and depositary receipts of foreign issuers.

Then the team favors companies that demonstrate earnings or revenue 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 quality growth companies that have durable earnings growth, efficient capital allocation, and attractive prices.

Then the 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 35% of its net assets in securities of European issuers located in emerging markets countries.

Also, the fund provides exposure to investments that are economically tied to at least three different countries outside of the U.S.

In addition, the fund invests in China-A shares.

Also, the fund may at times invest a significant amount of its net assets in cash and cash equivalents, including money market funds.

The fund’s objective is to grow capital in the long-term through investing in international small-size companies outside the United States.

The investment process starts with a list of companies in the benchmark MSCI World Ex USA Small Cap Index. The research team then narrows the list using quantitative screens focused on size, growth and quality of earnings. The team then looks to identify regional peers and focuses more on market leaders. The team then with the help of regular review and qualitative research looks for sustainability of business model, management track record in allocating capital and long term outlook for the business.

The fund generally invests in companies between the market capitalization range of $500 million and $8 billion.

The fund’s objective is to grow capital in the long-term through investing in international small-size companies outside the United States.

The investment process starts with a list of companies in the benchmark MSCI World Ex USA Small Cap Index. The research team then narrows the list using quantitative screens focused on size, growth and quality of earnings. The team then looks to identify regional peers and focuses more on market leaders. The team then with the help of regular review and qualitative research looks for sustainability of business model, management track record in allocating capital and long term outlook for the business.

The fund generally invests in companies between the market capitalization range of $500 million and $8 billion.

The fund’s objective is to grow capital in the long-term through investing in international small-size companies outside the United States.

The investment process starts with a list of companies in the benchmark MSCI World Ex USA Small Cap Index. The research team then narrows the list using quantitative screens focused on size, growth and quality of earnings. The team then looks to identify regional peers and focuses more on market leaders. The team then with the help of regular review and qualitative research looks for sustainability of business model, management track record in allocating capital and long term outlook for the business.

The fund generally invests in companies between the market capitalization range of $500 million and $8 billion.

The fund’s objective is to grow capital in the long-term through investing in international small-size companies outside the United States.

The investment process starts with a list of companies in the benchmark MSCI World Ex USA Small Cap Index. The research team then narrows the list using quantitative screens focused on size, growth and quality of earnings. The team then looks to identify regional peers and focuses more on market leaders. The team then with the help of regular review and qualitative research looks for sustainability of business model, management track record in allocating capital and long term outlook for the business.

The fund generally invests in companies between the market capitalization range of $500 million and $8 billion.

The fund invests in small companies around the world including the United States.

The fundamental research driven investment process looks for companies with durable earnings profile, strong balance sheet and management with a successful track record of reinvestment in business growth. The fund prefers to invest in companies with market cap of less than $5 billion.  

The fund allocates about 45% of its investment in Europe, 15% in North America, 15% in Asia Pacific ex Japan, 10% in Latin America and 5% in Japan.

The fund invests in small companies around the world including the United States.

The fundamental research driven investment process looks for companies with durable earnings profile, strong balance sheet and management with a successful track record of reinvestment in business growth. The fund prefers to invest in companies with market cap of less than $5 billion.  

The fund allocates about 45% of its investment in Europe, 15% in North America, 15% in Asia Pacific ex Japan, 10% in Latin America and 5% in Japan.

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

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

Next, the research team looks for high-quality companies demonstrating superior returns potential with reasonable risk.

In addition, the team considers anticipated economic growth rate, political outlook, current and forecasted inflation rates, currency outlook and interest rate environment to help identify countries and regions that are likely to offer the best investment opportunities.

The research process is driven by fundamental analysis of one stock at a time. When evaluating individual securities, the team prefers companies with above-average growth and superior capital appreciation potential; substantial capacity for growth in revenue through either an expanding market or market share.

Other metrics the team focuses on are a company’s balance sheet strength, quality of management; and differentiated or superior products and services or a steady stream of new products and services.

Then the 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 allocates its investments among at least eight different countries that spans developed and emerging markets outside of the U.S.

Also, the fund may invest up to 30% of its net assets in emerging market securities, but no more than 10% in any one emerging market country.

The fund also relies on regional portfolio managers based in Europe, Japan and Asia (outside Japan) for the best available investment opportunities from each of those three regions.
 

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

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

Next, the research team looks for high-quality companies demonstrating superior returns potential with reasonable risk.

In addition, the team considers anticipated economic growth rate, political outlook, current and forecasted inflation rates, currency outlook and interest rate environment to help identify countries and regions that are likely to offer the best investment opportunities.

The research process is driven by fundamental analysis of one stock at a time. When evaluating individual securities, the team prefers companies with above-average growth and superior capital appreciation potential; substantial capacity for growth in revenue through either an expanding market or market share.

Other metrics the team focuses on are a company’s balance sheet strength, quality of management; and differentiated or superior products and services or a steady stream of new products and services.

Then the 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 allocates its investments among at least eight different countries that spans developed and emerging markets outside of the U.S.

Also, the fund may invest up to 30% of its net assets in emerging market securities, but no more than 10% in any one emerging market country.

The fund also relies on regional portfolio managers based in Europe, Japan and Asia (outside Japan) for the best available investment opportunities from each of those three regions.
 

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

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

Next, the research team looks for high-quality companies demonstrating superior returns potential with reasonable risk.

In addition, the team considers anticipated economic growth rate, political outlook, current and forecasted inflation rates, currency outlook and interest rate environment to help identify countries and regions that are likely to offer the best investment opportunities.

The research process is driven by fundamental analysis of one stock at a time. When evaluating individual securities, the team prefers companies with above-average growth and superior capital appreciation potential; substantial capacity for growth in revenue through either an expanding market or market share.

Other metrics the team focuses on are a company’s balance sheet strength, quality of management; and differentiated or superior products and services or a steady stream of new products and services.

Then the 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 allocates its investments among at least eight different countries that spans developed and emerging markets outside of the U.S.

Also, the fund may invest up to 30% of its net assets in emerging market securities, but no more than 10% in any one emerging market country.

The fund also relies on regional portfolio managers based in Europe, Japan and Asia (outside Japan) for the best available investment opportunities from each of those three regions.
 

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

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

Next, the research team looks for high-quality companies demonstrating superior returns potential with reasonable risk.

In addition, the team considers anticipated economic growth rate, political outlook, current and forecasted inflation rates, currency outlook and interest rate environment to help identify countries and regions that are likely to offer the best investment opportunities.

The research process is driven by fundamental analysis of one stock at a time. When evaluating individual securities, the team prefers companies with above-average growth and superior capital appreciation potential; substantial capacity for growth in revenue through either an expanding market or market share.

Other metrics the team focuses on are a company’s balance sheet strength, quality of management; and differentiated or superior products and services or a steady stream of new products and services.

Then the 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 allocates its investments among at least eight different countries that spans developed and emerging markets outside of the U.S.

Also, the fund may invest up to 30% of its net assets in emerging market securities, but no more than 10% in any one emerging market country.

The fund also relies on regional portfolio managers based in Europe, Japan and Asia (outside Japan) for the best available investment opportunities from each of those three regions.
 

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

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

Next, the research team looks for high-quality companies demonstrating superior returns potential with reasonable risk.

In addition, the team considers anticipated economic growth rate, political outlook, current and forecasted inflation rates, currency outlook and interest rate environment to help identify countries and regions that are likely to offer the best investment opportunities.

The research process is driven by fundamental analysis of one stock at a time. When evaluating individual securities, the team prefers companies with above-average growth and superior capital appreciation potential; substantial capacity for growth in revenue through either an expanding market or market share.

Other metrics the team focuses on are a company’s balance sheet strength, quality of management; and differentiated or superior products and services or a steady stream of new products and services.

Then the 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 allocates its investments among at least eight different countries that spans developed and emerging markets outside of the U.S.

Also, the fund may invest up to 30% of its net assets in emerging market securities, but no more than 10% in any one emerging market country.

The fund also relies on regional portfolio managers based in Europe, Japan and Asia (outside Japan) for the best available investment opportunities from each of those three 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 focuses on foreign micro-capitalization companies.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team focuses on companies that exhibit above-average potential for growth in revenue and earnings.

The team also visits companies to meet with senior 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.

Additionally, the fund may invest a significant amount of its net assets in securities issued by companies domiciled in emerging markets and frontier markets.

These companies typically are located in the Asia-Pacific region, Eastern Europe, the Middle East, Central and South America, and Africa.

The fund will invest in at least five of the countries included in the benchmark index.

In addition, the fund may invest in early stage companies that exhibit excellent long-term growth potential.

Also, the fund may invest a large percentage of its net assets in a particular region or market, including Asia, India, Japan, Europe, and the United Kingdom.

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

The fund may also invest in initial public offerings.

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 focuses on foreign micro-capitalization companies.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team focuses on companies that exhibit above-average potential for growth in revenue and earnings.

The team also visits companies to meet with senior 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.

Additionally, the fund may invest a significant amount of its net assets in securities issued by companies domiciled in emerging markets and frontier markets.

These companies typically are located in the Asia-Pacific region, Eastern Europe, the Middle East, Central and South America, and Africa.

The fund will invest in at least five of the countries included in the benchmark index.

In addition, the fund may invest in early stage companies that exhibit excellent long-term growth potential.

Also, the fund may invest a large percentage of its net assets in a particular region or market, including Asia, India, Japan, Europe, and the United Kingdom.

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

The fund may also invest in initial public offerings.

The fund seeks capital appreciation in the long term by investing in small-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 or depository receipts of companies domiciled outside of the United States, including in emerging and frontier market countries. 

The team considers a company to be in an emerging or frontier country or market if the company has been organized under the laws of, has its principal offices in, or has its securities principally traded in, the emerging or frontier country or market.

Other considerations would be if the company derives at least 50% of its revenues, net profits or incremental revenue growth (typically over the past five years) from, or has at least 50% of assets or production capacities in, the emerging or frontier country or market.

The research process is driven by fundamental analysis of one stock at a time. In selecting securities for the portfolio, the research team focuses on companies that exhibit above-average potential for growth in revenue and earnings.

Also, the team prefers companies that are industry leaders with durable competitive advantages, proven management teams, little or no debt; and attractive relative valuations.

In selecting securities, the team also considers factors such as political risk, monetary policy risk, and regulatory risk specific to an issuer’s country of domicile.

Then the 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 generally will invest in the securities of companies domiciled in at least three different countries.

However, from time to time, the fund may invest a significant portion of its net assets in the securities of companies domiciled in one or a few countries.

The fund may make significant investments in certain sectors or group of sectors from time to time.

Also, the fund’s investments in depository receipts may include American, European, Canadian and Global Depository Receipts.

The fund seeks capital appreciation in the long term by investing in small-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 foreign companies that demonstrate above-average growth, profitability and quality characteristics.

The team believes these companies exhibit superior business fundamentals, including market leadership, quality products or services, distinctive marketing and distribution, pricing flexibility and revenue from products or services consumed on a steady, recurring basis.

In addition, the team prefers companies with management teams aligned with shareholders’ interests and that utilize conservative accounting policies.

However, the team favors companies with above-average returns on equity, balance sheet strength and durable above-average earnings growth.

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

The manager allocates the fund’s investments among at least six different countries.

Additionally, no more than 50% of the fund’s holdings may be invested in securities of issuers in one country at any given time.

With regards to country allocation, the manager considers factors such as the conditions and growth potential of various economies and securities markets, currency exchange rates, technological developments in the various countries and other pertinent financial, social, national and political factors.

The fund’s investments will be divided among Continental Europe, the United Kingdom, Canada, Japan and the markets of the Pacific Basin.

Also, the fund may invest in emerging markets, which include every country in the world except the United States, Canada, Japan, Australia, New Zealand, Hong Kong, Singapore and most Western European countries.

The fund seeks capital appreciation in the long term by investing in small-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 foreign companies that demonstrate above-average growth, profitability and quality characteristics.

The team believes these companies exhibit superior business fundamentals, including market leadership, quality products or services, distinctive marketing and distribution, pricing flexibility and revenue from products or services consumed on a steady, recurring basis.

In addition, the team prefers companies with management teams aligned with shareholders’ interests and that utilize conservative accounting policies.

However, the team favors companies with above-average returns on equity, balance sheet strength and durable above-average earnings growth.

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

The manager allocates the fund’s investments among at least six different countries.

Additionally, no more than 50% of the fund’s holdings may be invested in securities of issuers in one country at any given time.

With regards to country allocation, the manager considers factors such as the conditions and growth potential of various economies and securities markets, currency exchange rates, technological developments in the various countries and other pertinent financial, social, national and political factors.

The fund’s investments will be divided among Continental Europe, the United Kingdom, Canada, Japan and the markets of the Pacific Basin.

Also, the fund may invest in emerging markets, which include every country in the world except the United States, Canada, Japan, Australia, New Zealand, Hong Kong, Singapore and most Western European countries.

The fund seeks capital appreciation in the long term by investing in small-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 foreign companies that demonstrate above-average growth, profitability and quality characteristics.

The team believes these companies exhibit superior business fundamentals, including market leadership, quality products or services, distinctive marketing and distribution, pricing flexibility and revenue from products or services consumed on a steady, recurring basis.

In addition, the team prefers companies with management teams aligned with shareholders’ interests and that utilize conservative accounting policies.

However, the team favors companies with above-average returns on equity, balance sheet strength and durable above-average earnings growth.

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

The manager allocates the fund’s investments among at least six different countries.

Additionally, no more than 50% of the fund’s holdings may be invested in securities of issuers in one country at any given time.

With regards to country allocation, the manager considers factors such as the conditions and growth potential of various economies and securities markets, currency exchange rates, technological developments in the various countries and other pertinent financial, social, national and political factors.

The fund’s investments will be divided among Continental Europe, the United Kingdom, Canada, Japan and the markets of the Pacific Basin.

Also, the fund may invest in emerging markets, which include every country in the world except the United States, Canada, Japan, Australia, New Zealand, Hong Kong, Singapore and most Western European countries.