The fund seeks investment results that correspond to the investment performance of the Wilshire 5000 Index before fees and expenses by investing in mega-and large-size companies in the United States.

The fund manages assets with the help of four sub-advisers namely Barrow, Hanley, Mewhinney & Strauss, LLC, Los Angeles Capital Management and Equity Research, Inc., Pzena Investment Management, LLC, and Voya Investment Management Co LLC.

The fund prefers a multi-manager investing approach with the aim of reducing volatil

The fund seeks investment results that correspond to the investment performance of the Wilshire 5000 Index before fees and expenses by investing in mega-and large-size companies in the United States.

The fund manages assets with the help of four sub-advisers namely Barrow, Hanley, Mewhinney & Strauss, LLC, Los Angeles Capital Management and Equity Research, Inc., Pzena Investment Management, LLC, and Voya Investment Management Co LLC.

The fund prefers a multi-manager investing approach with the aim of reducing volatility and downside risk. The multiple sub-advisers employ different strategies to identify investment opportunities from the list of companies in the benchmark index.

Barrow, Hanley employs a bottom-up, fundamentally driven investment process that emphasizes total return produced from a combination of cash dividends, growth of dividends and capital appreciation.

The sub-adviser looks to generate current income in declining markets and to produce attractive capital appreciation in robust market environments.

Los Angeles Capital uses its proprietary model to identify businesses that generate returns above the benchmark index.

Pzena employs an investment process to highlight companies that are underperforming their historically demonstrated earnings power.

The sub-adviser employs intensive fundamental research to such companies to determine whether the problems that caused the earnings shortfalls are temporary or permanent.

Then the sub-adviser invests in companies where the management has a viable strategy to generate earnings recovery and meaningful downside protection in case the earnings recovery does not materialize.

Voya believes that a disciplined investment process with macro-theme analysis will lead to value opportunities not yet recognized by the market.

The sub-adviser’s investment process includes a balanced emphasis on quantitative and qualitative inputs that foster strong checks and balances and validation for its investment themes.

The fund generally invests in companies with valuation multiples such as relatively low book value and earnings, and higher-than-average dividend yields.