PFM Multi-Manager International Equity Fund Institutional Class (0P0001BIW7)

Overview

This fund is specifically designed for investors aiming for long-term capital growth. It dedicates a substantial portion of its assets—no less than 80%—to equity securities and similar financial instruments, including derivatives. The fund’s strategy is to diversify its investments across a broad range of equity securities, mainly focusing on foreign issuers to capture the growth potential outside of the U.S. A noteworthy portion, up to 45%, of its assets may be allocated to securities from emerging markets, indicating a willingness to embrace the higher risk/reward profile of these regions. Furthermore, the fund also invests in exchange-traded funds (ETFs) that target both U.S. and international equity markets, enhancing its diversity and potential for growth.

Products and Services

• Equity Securities of Foreign Issuers

These are stocks or similar securities from companies based outside of the United States. By investing in foreign issuers, the fund aims to capitalize on global growth opportunities, diversifying beyond the U.S. market to mitigate risk and enhance returns.

• Depositary Receipts

Depositary receipts, such as American Depositary Receipts (ADRs), are a way to invest in foreign companies through U.S. exchanges. They represent ownership in the shares of a foreign company, offering a practical and efficient means for U.S. investors to gain exposure to international markets.

• ETFs Investing in U.S. and International Equity Markets

The fund invests in various ETFs that cover both the U.S. and international equity markets. These ETFs provide diversified exposure to a wide array of sectors and industries, potentially reducing volatility and risk while still aiming for substantial returns.

• Securities of Issuers Located in Emerging Markets Countries

Investment in emerging markets involves buying securities of companies located in countries with economies considered to be in an earlier stage of development. This segment of the fund's portfolio targets higher growth rates and returns, accepting the increased risks associated with such markets, including political instability and currency fluctuations.