| NASDAQ Exchange | United States Country |
The fund focuses on investing in a diverse array of securities including common stocks, American Depositary Receipts (ADRs), European Depositary Receipts (EDRs), and Global Depositary Receipts (GDRs) of companies across the globe. Guided by a belief in high-quality investments, the fund selects companies that exhibit characteristics such as low debt to total capital ratio, earnings stability, and stable cash flows. Additionally, the company places a strong emphasis on sustainability and undervaluation as key criteria for their investment selections. The fund is committed to investing at least 80% of its net assets, in addition to any borrowings for investment purposes, in non-U.S. companies that align with the Adviser’s Environmental, Social, and Governance (ESG) criteria, reflecting a dedicated approach towards responsible investing.
Investment in shares of publicly traded companies around the globe that are identified as being high quality and undervalued by the fund’s management. These are selected based on a rigorous analysis of the company’s financial health, including its debt-to-capital ratio and the stability of its earnings and cash flow.
ADRs allow the fund to invest in non-U.S. companies by purchasing shares that are traded on U.S. stock exchanges. This enables easier access to foreign markets while applying the fund’s criteria for high-quality, sustainable, and undervalued investments.
Similar to ADRs, EDRs enable the fund to participate in European markets by investing in shares of European companies through securities traded on exchanges outside of Europe. This aligns with the fund’s strategy to diversify its investment portfolio across different regions while adhering to its ESG criteria.
GDRs represent a basket of shares of a foreign company and are traded on international stock exchanges. By investing in GDRs, the fund can gain exposure to a wider range of non-U.S. companies, leveraging their potential for high quality, sustainability, and undervaluation according to the fund’s targeted investment philosophy.