Pear Tree Polaris Foreign Value Fund

This fund typically allocates a significant portion—at least 80%—of its total investment capital (encompassing both its net assets and any borrowed funds) to equity securities. These investments specifically target companies classified as "foreign markets value issuers." A company earns this designation if it operates in any industry sector and generates 50% or more of its total income or profits from either producing goods/services or making sales in regions outside of the United States. Additionally, it's important to note that this investment vehicle is considered non-diversified.