The fund seeks capital appreciation in the long term by investing in mega-and large-size companies in the United States.

The sub-adviser follows a sustainable investing approach, combining financial analysis with environmental, social and governance analysis in order to identify potential investments.

Then the research team focuses on higher quality companies that have superior environmental, social and governance profiles and reasonable valuations.

The team favors securities with stronger ESG scores, higher pro

The fund seeks capital appreciation in the long term by investing in mega-and large-size companies in the United States.

The sub-adviser follows a sustainable investing approach, combining financial analysis with environmental, social and governance analysis in order to identify potential investments.

Then the research team focuses on higher quality companies that have superior environmental, social and governance profiles and reasonable valuations.

The team favors securities with stronger ESG scores, higher profitability, higher earnings quality, lower risk and lower valuations relative to the benchmark index.

ESG scores are calculated based on the manager’s assessment of an issuer’s ESG profile. The scores emphasize management of ESG-related risks, incorporate ESG trends and adjust for involvement in significant ESG-related controversies.

Additionally, the research team utilizes a quantitative process, optimizing ESG, quality factors and valuation factors relative to benchmark constraints.

Quality factors include but are not limited to quantitative determinations of profitability and earnings quality. Valuation is determined by considering a combination of earnings-based valuation measures.

Then the manager constructs a diversified portfolio from a list of companies favored by the research team and allocates capital based on its conviction level.

The managers may take significant positions in companies in the information technology sector, which could lead to increased volatility.

The fund excludes companies that are significantly involved in the extraction and/or refining of fossil fuels. However, the fund has the flexibility wherein energy company holdings are replaced with energy efficiency stocks.

The fund may invest a portion of its assets in securities of non-U.S. issuers, including emerging market investments and American Depositary Receipts, but may invest no more than 25% of its assets in securities of non-U.S. issuers other than ADRs.