The fund seeks capital appreciation in the long term 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 focuses on securities of companies that are tied economically to emerging market coun More

The fund seeks capital appreciation in the long term 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 focuses on securities of companies that are tied economically to emerging market countries.

The team considers companies that are listed on an exchange in an emerging market country, or that have at least 50% of their assets in an emerging market country.

Also, the team considers companies that derive at least 50% of their revenues or profits from goods produced or sold, investments made, or services performed in an emerging market country.

In addition, the team relies on fundamental analysis to identify the highest-quality growth companies in emerging market countries.

As part of the analysis, the team reviews a company’s financial statements, visits company facilities, and meets with executive management, suppliers and customers.

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 holds approximately 30 to 50 companies.

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

The fund may also invest in companies domiciled in developed and frontier markets.

Also, the fund may invest a large percentage of its assets in a particular region or market, including India and China.

The fund is non-diversified, which means that it may invest a larger percentage of its assets in the securities of a small number of issuers than a diversified fund.

The fund may invest in initial public offerings and early stage companies.