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 foreign stocks that are estimated to generate lower volatility relative to the global equity market.
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 companies located in many different countries and representing many different market sectors and industry groups.
The fund will seek to hedge most of its currency exposure back to the U.S. dollar to reduce overall portfolio volatility.