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Global and International Equity

International Core

Strategy Goal

The strategy seeks to deliver long-term growth of capital by investing primarily in stocks of international companies.

Inception Date

January 2004

Benchmark

MSCI ACWI ex USA Index (Net)

Strategy AUM as of 04/30/2025

$387.20 M

eVestment Universe

ACWI ex-US Large Cap Core Equity

Summary

Strategy Details

Strategy Highlights

Experienced Investment Team

Deep, tenured team with an established track record of strong relative performance, managing international equities for over 25 years.

High Quality

The strategy seeks to identify quality businesses which are growing, consistently deliver high returns and gross margins, with lower leverage relative to our benchmark.

Flexible Approach

Active positioning across sectors, regions, and market caps to balance opportunity and risk in changing market environments.

Portfolio Highlights

Seeks to invest in quality companies with sustainable competitive advantages, at reasonable valuations, across three areas: Innovative Growth, Durable Core, Quality Value.
This strategy seeks to offer balanced exposure across the style spectrum, which we believe may enable the portfolio to benefit from opportunities presented by a diverse range of stocks, while avoiding any specific biases that could result in prolonged headwinds.

Vehicles Offered

Separate Account

Portfolio managed directly on behalf of an institutional client.

Mutual Fund

Pooled investment vehicle available to individual and institutional investors.

Variable Insurance Portfolio

Pooled investment vehicle available only to separate accounts of certain insurance companies.

Collective Investment Trust (CIT)*

Pooled investment vehicle offered by Wilmington Trust and sub-advised by Lord Abbett with daily liquidity available to certain pension investors.

The Investment Team

Matthias A. Knerr, CFA

Managing Director, Portfolio Manager

30 Years of Experience

Sue Kim

Partner, Director of Global and Emerging Market Equities

25 Years of Experience

By The Numbers

Investment Professionals

Years Avg. Industry Experience

Years of industry experience as of 01/01/2025.

Portfolio

Performance

International Core Equity – EAFE Plus Institutional Composite

Important Information

Click Here for The Global Investment Performance Standards (GIPS®) Composite Report.

THIS WEBSITE IS FOR THE USE OF INSTITUTIONS, INSTITUTIONAL CONSULTANTS, AND FINANCIAL PROFESSIONALS. IT IS NOT INTENDED FOR, AND SHOULD NOT BE USED WITH, RETAIL INVESTORS.

Risks to Consider: The value of investments in equity securities will fluctuate in response to general economic conditions and to changes in the prospects of particular companies, including market, liquidity, currency, and political risks. The strategy may invest in foreign or emerging market securities, which may be adversely affected by economic, political, or regulatory factors and subject to currency volatility and greater liquidity risk.

MSCI Index Information:

Source: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, reviewed or produced by MSCI.

*Collective Funds:
Wilmington Trust, N.A. (the “Trustee”) serves as the Trustee of the Fund and maintains ultimate fiduciary authority over the management of, and investments made, in the Fund. The Fund is part of the Wilmington Trust Collective Investment Trust (the “Trust”) operated by the Trustee.

Wilmington Trust, N.A. Collective Investment Funds (“WTNA Funds”) are bank collective investment funds; they are not mutual funds. Wilmington Trust, N.A. serves as the Trustee of the Wilmington Trust Collective Investment Trust and maintains ultimate fiduciary authority over the management of, and investments made in, the WTNA Funds. The WTNA Funds and units therein are exempt from registration under the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended. Investments in the WTNA Funds are not deposits or obligations of or guaranteed by Wilmington Trust, and are not insured by the FDIC, the Federal Reserve, or any other governmental agency. The WTNA Funds are commingled investment vehicles, and as such, the values of the underlying investments will rise and fall according to market activity; it is possible to lose money by investing in the WTNA Funds.

Participation in Collective Investment Trust Funds is limited primarily to qualified defined contribution plans and certain state or local government plans and is not available to IRAs, health and welfare plans and, in certain cases, Keogh (H.R. 10) plans. Collective Investment Trust Funds may be suitable investments for participants seeking to construct a well-diversified retirement savings program. Investors should consider the investment objectives, risks, charges and expenses of any pooled investment company carefully before investing. The Additional Fund Information and Principal Risk Definitions (PRD) contains this and other information about a Collective Investment Trust Fund and is available at www.wilmingtontrust.com/PrincipalRiskDefinitions or ask for a copy by contacting Wilmington Trust, N.A. at (866)427-6885.

Wilmington Trust is a registered service mark, used in connection with various fiduciary and financial services, including trustee, custodial, agency, and investment management services, offered to trust, individual, and institutional clients by certain subsidiaries of M&T Bank Corporation. Such subsidiaries include, but are not limited to, Manufacturers & Traders Trust Company (M&T Bank), Wilmington Trust Company (operating in Delaware only), Wilmington Trust, N.A., Wilmington Trust Investment Advisors, Inc., Wilmington Funds Management Corporation, and Wilmington Trust Investment Management, LLC. International corporate and institutional services are offered through M&T Bank Corporation’s international subsidiaries. Loans, credit cards, retail and business deposits, and other business and personal banking services and products are offered by M&T Bank, member FDIC. Wilmington Trust traces its roots to the founding of Wilmington Trust Company in 1903.

THIS WEBSITE IS FOR THE USE OF INSTITUTIONS, INSTITUTIONAL CONSULTANTS, AND FINANCIAL PROFESSIONALS. IT IS NOT INTENDED FOR, AND SHOULD NOT BE USED WITH, RETAIL INVESTORS.

Neither this website nor any of its content take into account individual client circumstances, objectives, or needs. No determination has been made regarding the suitability of any securities, financial instruments, or strategies for particular clients or prospects.

This website does not purport to provide any legal, tax, or accounting advice, and the information provided is not intended to be relied upon as a forecast or research regarding a particular asset class, sector, or the markets in general.

The information provided is not directed at any investor or category of investors and is provided solely as general information about Lord Abbett's products and services and to otherwise provide general investment education. None of the information provided should be regarded as a suggestion to engage in or refrain from any investment-related course of action as neither Lord Abbett nor its affiliates are undertaking to provide impartial investment advice, act as an impartial adviser, or give advice in a fiduciary capacity. If you are an individual retirement investor, contact your financial advisor or other fiduciary about whether any given investment idea, strategy, product or service may be appropriate for your circumstances.