Fund Description

The fund invests at least 80% of net assets in securities of smaller companies worldwide, defined at purchase as companies with market capitalizations not exceeding the lesser of the highest float-adjusted market capitalization in its benchmark or $10 billion. Investments are primarily common stocks and may include significant exposure to emerging markets. It invests in issuers in at least three countries (including the U.S.) and holds at least 40% in foreign securities. The manager uses a bottom-up, value-oriented, long-term approach and may use equity-related derivatives, including equity and equity index futures.