International Equity

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Fund Fact Sheets

Fidelity-4

International Equity Fund
(Fidelity)

The Fund seeks capital appreciation in a broad geographic equity mandate. The Fund is managed on the belief that earnings drive stock prices and high-quality growth companies are consistently undervalued by the market due to the common misconception that all companies’ returns on
invested capital, return on investment, or earnings, must “revert to the mean” over time. The sub-advisor to the Fund is Fidelity, which has managed a substantially similar strategy since 2008.

 

The sub-advisor to the Fund also manages a mutual fund that employs a substantially similar strategy.

MFS

International Growth Fund II (MFS)

The Fund seeks well-run non-US businesses capable of generating sustainable growth. Management focuses on businesses with strong fundamentals, superior management, and a sustainable competitive advantage The sub-advisor to the Fund is MFS, which has managed a substantially similar strategy since 2008.

 

The sub-advisor to the Fund also manages a mutual fund that employs a substantially similar strategy.

Pimco

International Stock Fund (PIMCO)

The Fund’s objective is to achieve the highest possible total return over a full market cycle consistent with the investment constraints of investing under normal circumstances at least 80% of its assets in investments that are economically tied to foreign (non-U.S.) countries The sub-advisor to the Fund is PIMCO since 2020 for International Stock Fund.

 

The sub-advisor to the Fund also manages a mutual fund that employs a substantially similar strategy.

AF - EuroPac

GG EuroPacific Growth Trust (American Funds)

This fund is managed by a team of portfolio managers that each individual portions of the portfolio. The portfolio managers are backed by a world-class research organization that also has responsibility for managing a portion of the portfolio. The team uses a fundamental, bottom-up and research-driven investment process to invest in attractively valued companies in developed and emerging markets to provide long-term growth of capital.

 

The sub-advisor to the Fund also manages a mutual fund that employs a substantially similar strategy.

Invesco

Emerging Markets Fund (Invesco)

The Emerging Markets Fund seeks to outperform the MSCI Emerging Markets Index on an absolute and risk-adjusted basis over a three- to five-year period on a cumulative basis by employing a bottom-up, benchmark agnostic approach. The sub-advisor to the Fund is Invesco, which has managed a substantially similar strategy since 1996.

 

The sub-advisor to the Fund also manages a mutual fund that employs a substantially similar strategy.

Emerging Markets II Fund (BlackRock)

The Emerging Markets II Fund employs a style-agnostic strategy, blending top-down macroeconomic views with bottom-up fundamental research. This approach aims to capture the intricacies of investing across different countries and their respective economies. The subadvisor to the fund is BlackRock, which has managed a similar strategy since 2006.

 

The sub-advisor to the Fund also manages a mutual fund that employs a substantially similar strategy.

Fund Fact Sheets

International Equity Fund (Fidelity) Class I1 Class I2 Class I3 Class R1 Class R2  
International Growth Fund II (MFS) Class I1 Class I2   Class R1 Class R2  
   International Stock Fund (PIMCO) Class I1 Class I2 Class I3 Class R1   Class R3
  GG EuroPacific Growth Trust (American Funds) Class I1  Class I2   Class R1 Class R2  
   Emerging Markets Fund (Invesco) Class I1  Class I2   Class R1    
  Emerging Markets Fund II (BlackRock)        Class R1