Average Annual Total Returns [further-information] As of 01/31/2020

Month EndAs of 01/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/03/1996
Fund without Sales Charge (%) (NAV) 10.37 4.52 3.09 5.69 9.62
Fund with Sales Charge (%) (POP) 10.37 4.52 3.09 5.69 9.62
MSCI Europe Local Index-NR (%) 15.30 7.30 5.92 7.45 6.71
MSCI Europe Index-NR (%) 13.20 8.10 4.52 5.54 6.19
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/03/1996
Fund without Sales Charge (%) (NAV) 22.28 6.28 4.39 5.89 9.88
Fund with Sales Charge (%) (POP) 22.28 6.28 4.39 5.89 9.88
MSCI Europe Local Index-NR (%) 23.75 7.76 7.07 7.20 6.81
MSCI Europe Index-NR (%) 23.77 9.77 5.06 5.17 6.33

After-Tax Average Annual Total Returns [further-information] As of 01/31/2020

Month EndAs of 01/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 9.94 4.14 2.39 4.71
Fund without Sales Charge (%) (NAV) After Shares Sold 6.95 3.72 2.54 4.69
Fund with Sales Charge (%) (POP) Before Shares Sold 9.94 4.14 2.39 4.71
Fund with Sales Charge (%) (POP) After Shares Sold 6.95 3.72 2.54 4.69
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 21.81 5.89 3.67 4.91
Fund without Sales Charge (%) (NAV) After Shares Sold 14.03 5.07 3.53 4.81
Fund with Sales Charge (%) (POP) Before Shares Sold 21.81 5.89 3.67 4.91
Fund with Sales Charge (%) (POP) After Shares Sold 14.03 5.07 3.53 4.81

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 22.28 -11.12 10.45 2.40 0.82 -4.00 26.68 17.73 -8.01 8.61
Fund with Sales Charge (%) (POP) 22.28 -11.12 10.45 2.40 0.82 -4.00 26.68 17.73 -8.01 8.61
MSCI Europe Local Index-NR (%) 23.75 -10.59 13.06 7.23 4.91 4.67 21.55 15.61 -9.34 6.83
MSCI Europe Index-NR (%) 23.77 -14.86 25.51 -0.40 -2.84 -6.18 25.23 19.12 -11.06 3.88

Cumulative Total Returns [further-information] As of 01/31/2020

Month EndAs of 01/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/03/1996
Fund without Sales Charge (%) (NAV) 0.08 -4.65 10.37 14.18 16.45 73.98 771.87
Fund with Sales Charge (%) (POP) 0.08 -4.65 10.37 14.18 16.45 73.98 771.87
MSCI Europe Local Index-NR (%) 2.36 -1.61 15.30 23.51 33.30 105.04 362.35
MSCI Europe Index-NR (%) 2.81 -2.51 13.20 26.30 24.76 71.46 312.13
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/03/1996
Fund without Sales Charge (%) (NAV) 6.98 22.28 22.28 20.05 23.94 77.27 814.37
Fund with Sales Charge (%) (POP) 6.98 22.28 22.28 20.05 23.94 77.27 814.37
MSCI Europe Local Index-NR (%) 4.49 23.75 23.75 25.10 40.73 100.48 369.91
MSCI Europe Index-NR (%) 8.84 23.77 23.77 32.25 27.98 65.49 322.76

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 01/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 11.32 12.04 12.16
Standard Deviation (MSCI Europe Local Index-NR) 9.71 10.92 11.57
Beta 1.08 1.03 1.00
Sharpe Ratio 0.25 0.17 0.42
Information Ratio -0.65 -0.65 -0.45
Tracking Error 4.24 4.36 3.90

ADDITIONAL RISK STATISTICSAs of 01/31/2020 (updated monthly)

3 YR 5 YR 10 YR
% of Positive Months 58.33 61.67 60.83
Gains/Losses 1.36 1.24 1.44
Maximum Drawdown
13.83 17.24 20.68

SALES CHARGE, EXPENSES & FEES As of 05/01/2019 (updated annually)

Gross Expense Ratio 1.04%
Net Expense Ratio [further-information] 1.04%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 01/31/2020 Updated Monthly, based on a 3-year period

Beta 1.08
Sharpe Ratio 0.25
Standard Deviation 11.32

Benchmarks

A benchmark is a comparable broad-based index that can be used to evaluate a fund's performance.

  • MSCI Europe Local Index-NR
  • MSCI Europe Index-NR