The Fund combines top-down analysis to identify global long-term themes with bottom-up analysis to identify securities positioned to profit from these trends.

The investment management team has conducted extensive research focused on investment opportunities in the following global themes:

The rise of an Asian consumer class

• The urbanization of Asia is expected to drive a multi-decade growth in commodities, telecommunications and capital equipment expenditures.

The aging North American boomer

• The population of aging baby boomers in North America should lead to accelerated spending in the healthcare and leisure sectors.
• To meet financial retirement needs, an anticipated increase in savings rates should result boost profit potential in the wealth management industry.

The environment and sustainable growth

• Global efforts to reduce greenhouse gas emissions will increase the need for cleaner fuels driving a new era in nuclear power and renewable energy.

Mobile workforce and virtual corporations

• Wireless communication and advancements in online capabilities will be a driving force towards an efficient workforce.