International Growth Fund

Investment Objective

Capital Appreciation

Fund Characteristics

The International Growth Fund seeks to invest in foreign companies across the market cap spectrum with superior quality and growth characteristics relative to competitors.

Investment Approach

  • Seeks to invest in stocks of well-managed, quality growth companies expected to maintain superior growth, profitability and quality relative to other companies in the same industry worldwide
  • The selection of individual stocks through in-depth, bottom-up research is the Fund’s primary focus. Industry sector allocation and country selection are the next most important investment criteria
  • Invests primarily in developed market economies, but will generally invest about 10-35% of its assets in emerging markets

Why Consider This Fund?

  • Provides a diversified, all cap portfolio that emphasizes strong corporate performance
  • Offers broad non-U.S. exposure with significant emerging markets and small cap representation
  • Applies comprehensive research systematically in an international peer context

The Fund’s returns will vary, and you could lose money by investing in the Fund.  International investing involves special risk considerations, including currency fluctuations, lower liquidity, economic and political risk. Investing in emerging markets can increase these risks, including higher volatility and lower liquidity.  Investing in smaller and medium capitalization companies involves special risks, including higher volatility and lower liquidity. Small and mid-cap stocks are also more sensitive to purchase/sale transactions and changes in the issuer’s financial condition.  The Fund invests most of its assets in equity securities of international growth companies where the primary risk is that the value of the equity securities it holds might decrease in response to the activities of those companies or market and economic conditions. Diversification does not ensure against loss.