Fund Description

The fund normally invests at least 80% of its assets in non-U.S. securities, including investments tied economically to a country or region outside the U.S. It generally invests primarily in common stocks and allocates investments across different countries and regions. In determining an issuer's country or regional ties, the adviser may consider third-party classifications or index inclusion, domicile and incorporation, asset location, revenue or asset concentration, sources of any government guarantees, and primary trading market or listing exchange. Derivatives providing exposure to these investments or related market risk factors are included in the 80% policy. Security selection is based on fundamental analysis of each issuer's financial condition and industry position, as well as market and economic conditions.