Undiscovered Managers Behavioral Value Fund

The fund aims to achieve its investment goals by primarily allocating capital to equity securities of American companies that its sub-adviser identifies as possessing strong value characteristics. The portfolio's potential holdings are broad, often including, but not restricted to, smaller capitalization firms—similar to those tracked by the Russell 2000 Value Index—and real estate investment trusts (REITs). Crucially, the sub-adviser's stock selection process is deeply rooted in principles derived from behavioral finance.