Our Multi-Factor® investment approach is designed to offer core asset class representation plus the potential for strong, consistent results for investors with a long-term investment horizon. This approach can leverage market-based information to help identify securities with the potential for higher expected returns. Key investment factors include those that are:

  • Firm-level characteristics based on prices or fundamental information from financial statements
  • Well-documented in academic research
  • Relevant to the explanation of differences in average stock returns within industries and countries, as well as across time periods
  • Based on financial market theory and related to a firm’s cost of capital