CIOF seeks long-term growth of capital by investing in underlying Causeway funds that invest in both developed international markets, excluding the US and emerging markets.
To construct the portfolio, the Causeway team allocates almost all of the fund’s assets between Causeway international value fund and Causeway emerging markets fund using a proprietary asset allocation model.
COIF will be managed by a team comprised of Sarah Ketterer, CEO of CCM, Harry Hartford, president of CCM and portfolio managers James Doyle, Jonathan Eng, Kevin Durkin, Arjun Jayaraman and MacDuff Kuhnert.
Ms Ketterer said: “Causeway International Opportunities Fund offers investors a blend of our best skill sets. For investing in the developed world, this means intensive fundamental research implemented via a disciplined value approach. For investing in the emerging world, this translates to a quantitative strategy tailored to the unique growth, momentum, and risk characteristics of developing markets.
“With access to timely data, we use quantitative analysis that is designed to gauge the relative attractiveness of developed versus emerging markets and assist the portfolio management team to make the appropriate allocation decision for the fund.”
