Description

The fund's primary objective is to invest in the common shares of international companies. These are typically non-U.S. firms operating in developed nations, as defined by the MSCI EAFE Index. The Investment Manager specifically targets companies deemed undervalued, assessing them by their profitability (earnings), cash generation, or underlying asset base. A modest portion, up to 15% of its assets, may also be allocated to companies primarily engaged in business within emerging market countries. Under normal market conditions, a minimum of 80% of the fund's capital will be deployed in equity securities.