Description

This fund utilizes an active investment strategy, aiming to achieve its objective by employing a proprietary quantitative model. This model assesses a diverse universe of large, mid, and small-capitalization equity securities originating from developed markets worldwide, covering a wide spectrum of companies, industries, and sectors. The foundation of this investment universe is primarily built upon equity securities found within the FTSE Developed All Cap Index and the Russell 3000 Index. The manager's quantitative model applies a systematic, rules-based methodology designed to identify factor exposures in securities. It prioritizes those equities that demonstrate strong relative historical performance compared to others in the investment universe. This past performance is evaluated based on both unadjusted and risk-adjusted returns over both shorter (around 6-month) and intermediate (approximately 12-month) periods immediately prior to their purchase by the Fund. This method, focusing on momentum, is recognized as a significant contributor to long-term stock market returns.