PF International Large-Cap Fund Class P (0P0000P0TB)

Overview

The fund is an investment vehicle focusing on capitalizing on global market opportunities. It strategically invests in foreign companies that are determined to surpass average growth expectations and are valued below what the sub-adviser estimates to be their true worth. By employing a discerning approach to select stocks of companies located worldwide, regardless of their market size and whether they are denominated in U.S. or foreign currency, the fund seeks to generate significant returns for its investors. It utilizes both direct investments and depositary receipts as means to achieve its investment objectives, thereby providing a diversified international exposure.

Products and Services

• Investment in Common Stocks of Foreign Companies:

  The fund's primary offering revolves around investing in the common stocks of foreign companies. By targeting entities that show potential for above-average growth and whose stocks are trading at prices lower than their intrinsic value, the fund aims to maximize returns for its investors. This approach helps in identifying undervalued stocks that can contribute to the growth of the investment portfolio.

• Usage of Depositary Receipts:

  Another key component of the fund's investment strategy is leveraging depositary receipts. These financial instruments allow the fund to gain exposure to foreign companies' stocks without the complexities involved in direct purchases on foreign stock exchanges. Depositary receipts provide a more accessible path to diversifying the investment portfolio across global markets, mitigating certain risks associated with direct foreign investments.