INTERNATIONAL EQUITY FUND (IEF)
International Equity Fund is a broadly diversified portfolio of non-U.S. common stocks. Like the Domestic Equity Fund, it seeks to add value primarily through stock selection. The fund is diversified across economic sectors and market capitalizations and has stocks domiciled in both developed and emerging market countries. IEF may employ limited currency hedging on an opportunistic basis to protect the fund's value in U.S. dollars. The fund seeks to outperform the MSCI All Country World Index ex-U.S. over full market cycles.