Investment Objective

Seeks long-term capital appreciation.

Investment Approach

Develop a ranking for each stock in the investable universe using a disciplined, systematic approach to analyze a wide variety of factors based on the underlying philosophy of value and momentum.

Develop an independent view of the attractiveness of countries and currencies as an overlay to the selection of individual stocks.

Combine these rankings into a portfolio that takes into account trading costs and liquidity considerations. Rebalance the portfolio in a manner that seeks to create a balance between keeping the portfolio in line with the ideal desired portfolio and the need to minimize trading costs.

Execute trades primarily in a highly automated and liquidity-providing manner to seek to reduce the total cost of trading.

Performance Summary