Fund Description

The fund seeks to achieve its objective by investing, under normal conditions, at least 80% of its investable assets in equity and equity-related securities of companies located in, or economically tied to, emerging markets countries, defined as those classified by MSCI as emerging or frontier markets. It may invest across any market-cap size, allocate a large portion of assets to a single country or region, and at times have significant exposure to one economic sector. It may invest in China A-Shares via Stock Connect and similar programs. The subadviser uses a growth style focused on early accelerating growth, competitive advantages, structural growth drivers, attractive cash flow returns on invested capital, and management teams focused on creating long-term value for shareholders, and may sell or reduce holdings based on fundamental changes or more attractive opportunities.