INTL provides a dynamic asset allocation approach to global equities outside of the US, including emerging markets. The fund manager employs a top down assessment to identify undervalued economic regions, countries and sectors. Then utilizing fundamental analysis and a proprietary weighting methodology, actively selects between 5-20 index or actively managed ETFs to allocate to those areas perceived to provide the best opportunity for capital appreciation. The manager also employs covered calls and cash securitized put writing strategies. The overall approach combines strategic and tactical strategies. Underlying securities may be involved with securities lending to potentially generate additional income.