Fund Description

The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in stocks, including derivatives providing relevant exposure, and typically invests in at least five countries, including the U.S. It typically invests at least 25% of net assets in securities of foreign issuers, with non-U.S. exposure varying based on the adviser's outlook. It generally focuses on large-cap stocks and uses bottom-up, growth-oriented selection supported by in-depth fundamental research to identify high-quality companies with above-average long-term earnings growth, seeking reasonable valuations versus earnings, cash flow, or book value. It may concentrate in a sector.