Six Circles International Unconstrained Equity Fund (CIUEX)

Overview

The fund described focuses on investment predominantly in equity securities, including common stock, preferred stock, and other instruments that mirror the economic characteristics of equity. It aims at allocating at least 80% of its net assets, in addition to borrowings, towards such investments. Primarily targeting the equity securities of non-U.S. companies, the fund adopts a global approach without being constrained by capitalization, style, sector, or geographical limits. It is characterized as non-diversified, implying it may invest more significantly in fewer issuers than a diversified fund.

Products and Services

• Equity Securities Investment

Central to the fund's strategy is its investment in equity securities. This includes a broad range of instruments like common stocks, which represent ownership shares in corporations, and preferred stocks, which typically offer dividends before common stocks and have priority in the event of a liquidation. The fund's equity focus is global, targeting non-U.S. companies across various capitalizations, styles, and sectors, providing investors exposure to international markets.

• Economic Characteristic-Mimicking Instruments

Aside from direct equity securities, the fund diversifies its portfolio with instruments that have similar economic characteristics to equity securities. This may include derivatives or other financial instruments whose value is linked to the performance of underlying stocks, thereby offering additional avenues for growth and risk management. This strategy allows for flexibility in responding to global market conditions and enhancing potential returns.