Acadian Emerging Markets (AEMGX)

The investment seeks long-term capital appreciation. The fund invests at least 80% of net assets in equity securities of issuers that have their principal securities trading market in an emerging country; alone or on a consolidated basis derive 50% or more of annual revenue from goods produced, sales made or services performed in emerging countries; or are organized under the laws of, and have a principal office in, an emerging country. It invests primarily in common stocks but also may invest in other types of equity securities, including preferred stock.