Investment objective & strategy
As of April 29, 2025 · prospectusObjective. The Fund seeks to maximize long-term capital appreciation.
Strategy. The Fund seeks to achieve its investment objective by investing primarily in equity securities of non-U.S. companies. The Fund invests under normal circumstances at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. These equity securities primarily consist of common stocks, preferred stocks, American Depositary Receipts (ADRs), and real estate investment trusts (REITs). In determining the origin of a company, the Fund primarily relies on the country where the company is incorporated, headquartered or has its principal place of business. The Fund may consider a company to be from a particular country even if it is not incorporated or headquartered in, or does not have its principal place of business in, that country if … The Fund seeks to achieve its investment objective by investing primarily in equity securities of non-U.S. companies. The Fund invests under normal circumstances at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. These equity securities primarily consist of common stocks, preferred stocks, American Depositary Receipts (ADRs), and real estate investment trusts (REITs). In determining the origin of a company, the Fund primarily relies on the country where the company is incorporated, headquartered or has its principal place of business. The Fund may consider a company to be from a particular country even if it is not incorporated or headquartered in, or does not have its principal place of business in, that country if a majority of its assets are located in, or it derives a majority of its total revenues or profits from, goods or services produced or sales made in that country. The Fund generally invests in companies from developed markets, though it may invest to a lesser extent in companies from emerging markets. The Fund may focus its investments in companies located in or economically tied to particular countries or geographic regions. The Fund focuses its investments in issuers that are incorporated in, headquartered in, or have their principal place of business in, European countries, including the United Kingdom. To a limited degree, the Fund may also invest in companies based in the U.S. The Fund may also purchase or sell futures contracts and options on futures contracts for foreign or U.S. equity securities, indices or currencies, may purchase foreign currency forward contracts, including non-deliverable forwards, for hedging purposes, and may hold foreign currencies. From time to time, in pursuing its investment strategies, the Fund may hold a significant percentage of its investments in specific sectors of the economy. The Fund seeks to invest in the equity securities of high quality companies, as determined by the Adviser, that typically exhibit certain characteristics, including high profitability levels, strong balance sheet quality, competitive advantages, ability to generate excess cash flows, meaningful management ownership stakes, attractive reinvestment opportunities, strong market share positions, and/or attractive relative valuation. The Fund may invest in equity securities of small, mid and large capitalization companies, including dividend paying securities.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| MSILF-GOVT-INS | MVRXX | $2.73M | 2.92% |
| Invesco Government & Agency Portfolio, Institutional Class | — | $2.73M | 2.92% |
| MONEYMKT | FIGXX | $2.73M | 2.92% |
| ASML Holding NV | — | $2.54M | 2.71% |
| CAMECO CORP | — | $2.28M | 2.44% |
| TOKIO MARINE HOLDINGS INC COMMON STOCK | 8766 | $2.25M | 2.41% |
| SHELL PLC | — | $2.24M | 2.40% |
| ASTRAZENECA PLC | — | $2.14M | 2.29% |
| CAN NATURAL RES | — | $2.14M | 2.29% |
| TELENOR ASA | TEL | $2.14M | 2.29% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Allspring International Equity Fund · WFEAX, WFEFX, WFEDX, WFENX, WFEHX | 32% | 0.79% |
| RMB International Fund · RMBTX | 27% | 1.00% |
| BNY Mellon International Stock Fund · DISAX, DISCX, DISRX, DISYX | 27% | 0.88% |
Advisers
| Firm | Role |
|---|---|
| LUTHER KING CAPITAL MANAGEMENT CORPORATION | Adviser |
Footnotes
- Expense ratio as of April 29, 2025, from the fund's prospectus.
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
Machine-readable: JSON · Markdown. Programmatic access via the agent surface.