Fund Description

The fund invests primarily in common stock of U.S. and non-U.S. issuers and, under normal circumstances, invests at least 80% of its assets in equity and equity-related securities, including exchange-traded and OTC common and preferred stocks, warrants and rights, convertible securities, and securities of other investment companies and REITs. It can seek opportunities worldwide and, under normal circumstances, the fund invests in at least three countries, which may include the United States. It focuses on large caps but may invest across market capitalizations and may invest up to 25% of net assets in emerging market issuers. The portfolio managers use a quantitative process that assesses stocks by relative attractiveness, and region, country and sector allocations are based on rankings generated by the subadviser's proprietary models.