The fund’s investment objective is to grow capital in the long-term through investing in companies outside the United States.
The investment process starts with a list of companies and countries in the benchmark Morgan Stanley Capital International EAFE (Europe, Australia, and Far East) Index. The research team then looks for financially strong companies with established market leadership and high return on capital. The team then also looks at the sustainability of the earnings growth and competitive outlook.
The fund allocates capital to a select list of stocks and industries considering macro-economic factors, regulatory trends and local or regional political climate.