Fund Description

The fund invests in securities outside the U.S., seeking broad diversification across industries in developed and emerging market countries worldwide. It normally invests at least 80% of net assets in non-U.S. stocks and, depending on market conditions, the fund's portfolio is normally composed of investments in at least 10 countries and 100 different companies. Country assignment is determined using MSCI Inc. or another unaffiliated data provider. The adviser emphasizes bottom-up, growth-oriented stock selection, focusing on small- and mid-cap companies and in-depth fundamental research. The fund typically has significant investments in Asian and developed European countries and, at times, may invest a significant portion of assets in the same economic sector.