Nuance Mid Cap Value Fund Institutional Class 

Under typical market conditions, the fund commits at least 80% of its net assets, along with any capital acquired through borrowing for investment, to securities issued by companies with a medium market capitalization. The portfolio usually consists of investments in 50 to 90 distinct businesses. While its main focus is on U.S.-based companies, the fund is permitted to allocate up to 15% of its assets to non-U.S. entities that MSCI, Inc. (MSCI) classifies as 'developed'.