Strategy

Seeks to provide long-term capital growth with positive total returns that are generally uncorrelated to the equity market beta by:

Investing in a portfolio of global equity securities that offer compelling long-term return potential, while seeking to limit volatility and emphasize downside mitigation
Employing a disciplined, bottom-up approach that combines fundamental research with proprietary quantitative tools to select stocks that are attractive based on quality, stability and price
Hedging the overall portfolio equity market exposure close to zero to isolate alpha
Focusing on absolute risk and return above cash

Portfolio Management Team

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Investment Risks to Consider

These and other risks are described in the Fund's prospectus

Investment returns and principal value of the Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Some of the principal risks of investing in the Fund include:

Derivatives risk
Emerging-markets risk
Equity securities risk
OTC derivatives counterparty risk
Portfolio turnover risk
Smaller capitalization companies risk

Fund Literature

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