MEM

MEM actively invests in a broad portfolio of common and preferred stocks of companies located in emerging market countries. For a stock to be included, it must have substantial ties to emerging market countries or regions with regards to location of headquarters, organized under the laws of such, revenue ties, assets, or operations. The fund adviser invests in companies it perceives to have sustainable growth based on the fundamental characteristics, such as, balance sheet information, company size, cash flows, management's capability, product lines, marketing strategies, corporate governance, and financial health. The fund will substantially invest in large- and mid-cap companies but may also invest in companies of any market-cap. Up to 20% of the fund's assets may be invested in developed market companies.