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

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

Next, the research team invests in securities of U.S. and foreign companies, and estimates some of those securities to pay div More

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

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

Next, the research team invests in securities of U.S. and foreign companies, and estimates some of those securities to pay dividends.

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

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

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

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

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

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

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

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

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