The fund primarily invests in companies of emerging market countries while taking multiple factors into consideration. Constituents are both selected and weighted on an adjusted-market-cap basis. Starting with the market-cap of each eligible security, the funds index makes adjustments to emphasize smaller size, lower valuation, and higher profitability. The end result tilts the portfolios to smaller companies with lower relative price and higher profitability. The fund selects stocks in the top 80% of cumulative adjusted value within each country, or in the top 85% of cumulative adjusted value for all countries. The funds index is rebalanced and reconstituted semi-annually with issuers capped at 4% each.