FEOE is designed to provide exposure to a wide range of non-US equities, capturing opportunities in both developed markets and emerging economies. The fund follows a value-oriented investment approach, identifying stocks that are trading below their intrinsic value, which aims to protect against permanent capital loss. FEOEs investment process involves careful analysis of financial stability, growth potential, and market conditions, aiming for a well-rounded portfolio that encompasses various sectors and sizes of companies. This strategic selection helps mitigate risks while pursuing growth opportunities across global markets. Actively managed, FEOE focuses on achieving long-term capital appreciation while also qualifying as a regulated investment company, potentially offering investors favorable tax benefits.