Fund Description

The fund invests mainly in common stocks of U.S. and foreign companies, with no limit on foreign securities and the ability to invest in any country, including developing or emerging markets. It normally invests in at least three countries without set country weightings and primarily targets mid- and large-cap companies. It may also invest in preferred stocks and buy ADS as part of ADR issuances. The manager seeks quality companies with sustainable growth using thematic idea generation and bottom-up fundamental analysis guided by MANTRA themes, applying a three- to five-year horizon and a contrarian buy discipline based on valuation versus long-term earnings potential.