• The management team employs a bottom-up investment process, utilizing proprietary Fundamental and Grassroots Research to affirm company analysis or macroeconomic trends.
• Analysts are assigned by sector rather than by region, as cross border transactions and global macroeconomic events broaden sector scope.
• Emphasizes U.S. companies with superior management, strong balance sheets, differentiated products or services, substantial unit growth, strong commitments to research and developments, and a steady stream of new products or services.

• Actively managed institutional investment process
• Managed by a seasoned team of portfolio managers
• Adheres to a strict growth style discipline
• Primarily invests in high-quality U.S. companies with above average growth rates

RCM Is an Experienced, Informed Manager

• RCM places a unique emphasis on global information and information flow. By generating and capitalizing on this “information advantage,” RCM seeks to deliver superior and consistent investment results for the Fund’s shareholders.
• RCM is a truly global firm. In lieu of a central headquarters, their offices are strategically located in key financial centers around the world—including San Francisco, London, Frankfurt, Hong Kong, Sydney and Tokyo.
• RCM uses a distinctive dual research platform—consisting of their sector-based fundamental global research platform and unique Grassroots^SM Research division—to provide deep, bottom-up insight into a company’s fundamentals from a country, regional and global perspective.

RCM is a fundamental, bottom-up, research-driven organization focused on identifying the best risk adjusted investments. The manager places substantial emphasis on original research developed through its Fundamental and GrassrootsSM Research efforts. Stock ideas are generated internally, through several resources including the research platform, as well as external research sources. Potential investments must meet rigorous growth, quality, and valuation criteria. RCM purchases securities whose growth in earnings, dividends and/or cash flow are expected to provide a total return in excess of the market. Sector/industry selection, as well as capitalization range decisions are primarily a result of identifying superior securities. However, RCM does monitor allocations to ensure they are only taking measured positions away from the benchmark.

Raphael Edelman is Director and Co-Chief Investment Officer of the U.S. Large-Cap Core Growth Equity Portfolio Management Team. He began his investment career in 1984 and has an MBA in Finance from New York University.

Peter Goetz, Director and Portfolio Manager on the U.S. Large Cap Core Growth Equity Portfolio Management Team , joined RCM in 1999. Earlier he worked as a vice president and senior portfolio manager at Bank of America Private Asset Management in Newport Beach, Calif. He received a B.A. in Economics from the University of California, Irvine and an M.B.A. from the University of Southern California. Peter is a member of the Security Analysts Society of San Francisco and CFAI.

Joanne Howard, a CFA charterholder, is Co-CIO of the U.S. Large-Cap Core Equity Portfolio Management Team.

Scott T. Migliori, a CFA charter-holder, is a Senior Portfolio Manager on the U.S. Large Cap Equity Portfolio Management Team. Mr. Migliori joined RCM in 2003 and is a Chartered Financial Analyst.

San Francisco, California

RCM is a truly global asset manager and a company of Allianz Global Investors. The firm operates across three continents and five time zones from six international offices- San Francisco, London, Frankfurt, Hong Kong, Tokyo and Sydney. RCM's range of investment solutions spans the market cap and style spectrum and reaches from regional and global strategies to multi-asset and structured products.