Investing in Undervalued Stocks with TIIV

This is a launch that we've been really excited for because we're really grateful for the team at Todd Asset Management. They are the subadvisor for this strategy, and in fact, the strategy that underpins this ETF has been in existence for close to two decades now with a very successful track record. We're really excited about what Todd brings to the table in the international equity space because of their process, their intrinsic value investing process using their proprietary multifactor ranking model.

Essentially, what this multifactor ranking model is, is a bottoms up process where Todd targets undervalued stocks with attractive fundamental strength. In order to find those types of stocks for a portfolio, they feel that a quantitative approach through that bottoms up process helps them find well-valued stocks that are high quality, not just in developed markets, but also emerging markets as well.

A lot of international strategies tend to only concentrate on developed markets, but TIIV concentrates on the full PI. From a portfolio application standpoint, we feel it's very easy for TIIV to slip right into a core equity portfolio because most US investors already have that US bucket chosen. TIIV could be a great complement to those types of strategies in order to get that full global diversification as far as the equity sleeve goes.