The fund seeks capital appreciation in the long term by investing in small-size companies 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 four advisors namely Wellington Management Company LLP, Schroder Investment Management North America Inc., Baillie Gifford Overseas Limited, and TimesSquare Capit More

The fund seeks capital appreciation in the long term by investing in small-size companies 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 four advisors namely Wellington Management Company LLP, Schroder Investment Management North America Inc., Baillie Gifford Overseas Limited, and TimesSquare Capital Management, LLC.

Each advisor independently selects and maintains a portfolio of stocks for the fund.

Wellington seeks to identify both growth-oriented and neglected or misunderstood companies that have a well-articulated business model, experienced management, a sustainable competitive advantage, and superior financial characteristics.

Schroder focuses on a company’s long-term growth potential, financial condition, management quality, and sensitivity to cyclical factors, as well as the value of the company’s securities relative to other companies and the market.

Baillie Gifford prefers high-quality growth companies with durable competitive advantages.

TimesSquare Capital aims to generate superior risk-adjusted returns.

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 grow at a faster pace than the overall market.

The team prefers companies that demonstrate above-average earnings growth potential, with attractive valuations and a durable competitive advantage.

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

The manager invests in more than 350 stocks in over 20 countries.

Also, the fund invests in the developed European and Pacific markets, with about 10% of assets invested in emerging markets. 

Additionally, the fund manages a small portion of its net assets in stock index futures and/or exchange-traded funds to facilitate cash flows to and from the fund’s advisors.