Investment objective & strategy
As of Feb. 26, 2025 · prospectusObjective. To seek long-term capital appreciation.
Strategy. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in stocks of foreign companies having a market capitalization of $2 billion or more at the time of purchase that meet the managers sustainability criteria. The manager seeks companies meeting its sustainability criteria with high-quality characteristics, including strong or improving environmental, social, and governance (ESG) records. The fund primarily invests in a diversified portfolio of equity securities of foreign companies in a number of developed and emerging markets outside of the United States. The fund defines foreign companies as companies: (i) that are organized under the laws of a country outside the United States; or (ii) that have a minimum … Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in stocks of foreign companies having a market capitalization of $2 billion or more at the time of purchase that meet the managers sustainability criteria. The manager seeks companies meeting its sustainability criteria with high-quality characteristics, including strong or improving environmental, social, and governance (ESG) records. The fund primarily invests in a diversified portfolio of equity securities of foreign companies in a number of developed and emerging markets outside of the United States. The fund defines foreign companies as companies: (i) that are organized under the laws of a country outside the United States; or (ii) that have a minimum of 50% of their assets, or that derive a minimum of 50% of their revenue or profits, from businesses, investments, or sales outside of the United States. The manager seeks to preserve and build capital over the long term through investing in a diversified portfolio of international-developed and emerging-market stocks of companies it believes are high quality and under-valued. The manager looks for companies with sound governance and a history of responsible financial management that, in its opinion, are capable of consistent profitability over a long time horizon. The manager seeks to fully integrate ESG criteria into the stock selection and portfolio construction process and expresses a preference for best-in-class firms with innovative approaches to the environmental and social challenges their industries, society, and the world face. Best-in-class refers to firms that the manager views as having better records on ESG criteria than other firms in the same industry or sector. The manager seeks to identify companies with a demonstrated overall high level of accountability to all stakeholders, including providing safe, desirable, high-quality products or services and marketing them in responsible ways. ESG criteria reflect a variety of key sustainability issues that can influence company risks and opportunities and span a range of metrics including board diversity, climate change policies, water management policies, and supply chain and human rights policies. The fund may focus its investments in a particular sector or sectors of the economy. The fund will avoid investments that in the judgment of the manager have material direct revenues from production of nuclear power, tobacco, and/or weapons/firearms. The manager selects stocks through bottom-up, fundamental research, while maintaining a disciplined approach to valuation and risk control. The manager may sell a security when its price reaches a set target, if it believes that other investments are more attractive, when in its opinion ESG performance significantly deteriorates, or for other reasons it may determine. The manager employs active shareowner engagement to raise environmental, social, and governance issues with the management of select portfolio companies. Through this effort, the manager seeks to encourage company managements toward greater transparency, accountability, disclosure, and commitment to ESG issues.
Top holdings
As of April 30, 2025 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| TAIWAN SEMIC MFG CO LTD SP ADR | — | $3.29M | 4.29% |
| DEUTSCHE TELEKOM AG REG COMMON STOCK | DTE GR | $2.61M | 3.40% |
| SAP SE COMMON STOCK | SAP GR | $2.23M | 2.90% |
| AXA SA COMMON STOCK EUR2.29 | CS FP | $2.14M | 2.79% |
| OVERSEA-CHINESE BANKING CORP L COMMON STOCK | OCBC SP | $2.08M | 2.71% |
| SINGAPORE TELECOMMUNICATIONS L COMMON STOCK | ST SP | $1.92M | 2.50% |
| SCHNEIDER ELECTRIC SE COMMON STOCK EUR4.0 | SU FP | $1.76M | 2.29% |
| NASPERS LTD N SHS COMMON STOCK ZAR.02 | NPN SJ | $1.76M | 2.29% |
| UNILEVER PLC COMMON STOCK GBP.00031111 | UNA NA | $1.69M | 2.20% |
| BYD CO LTD COMMON STOCK CNY1.0 | 1211 HK | $1.66M | 2.16% |
Portfolio moves
Jan 31, 2025 → Apr 30, 2025How 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. |
|---|---|---|
| Global Thematic Opportunities Fund | 9% | 0.85% |
| Transamerica International Sustainable Equity · TISJX, TISLX, TISKX, TISDX | 8% | 0.70% |
| MML Strategic Emerging Markets Fund | 8% | 1.25% |
Advisers
| Firm | Role |
|---|---|
| Boston Common Asset Management, LLC | Sub-adviser |
| John Hancock Investment Management LLC | Adviser |
Footnotes
- Net assets and holdings count as of April 30, 2025, from the fund's N-PORT filing.
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