Average Annual Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/03/1996
Fund without Sales Charge (%) (NAV) -21.28 -5.62 -3.36 2.51 8.57
Fund with Sales Charge (%) (POP) -21.28 -5.62 -3.36 2.51 8.57
MSCI Europe Local Index-NR (%) -12.16 -1.38 0.71 4.99 5.85
MSCI Europe Index-NR (%) -13.58 -1.59 -1.01 3.34 5.26
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/03/1996
Fund without Sales Charge (%) (NAV) -24.01 -7.81 -4.90 1.68 8.22
Fund with Sales Charge (%) (POP) -24.01 -7.81 -4.90 1.68 8.22
MSCI Europe Local Index-NR (%) -13.27 -2.64 -0.28 4.24 5.63
MSCI Europe Index-NR (%) -15.50 -2.34 -1.31 2.46 5.02

After-Tax Average Annual Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -21.61 -6.00 -4.05 1.53
Fund without Sales Charge (%) (NAV) After Shares Sold -11.78 -3.83 -2.18 2.32
Fund with Sales Charge (%) (POP) Before Shares Sold -21.61 -6.00 -4.05 1.53
Fund with Sales Charge (%) (POP) After Shares Sold -11.78 -3.83 -2.18 2.32
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -24.32 -8.18 -5.58 0.71
Fund without Sales Charge (%) (NAV) After Shares Sold -13.33 -5.39 -3.24 1.75
Fund with Sales Charge (%) (POP) Before Shares Sold -24.32 -8.18 -5.58 0.71
Fund with Sales Charge (%) (POP) After Shares Sold -13.33 -5.39 -3.24 1.75

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013
Fund without Sales Charge (%) (NAV) 22.35 -10.94 10.63 2.53 0.98 -3.88 26.93
Fund with Sales Charge (%) (POP) 22.35 -10.94 10.63 2.53 0.98 -3.88 26.93
MSCI Europe Local Index-NR (%) 23.75 -10.59 13.06 7.23 4.91 4.67 21.55
MSCI Europe Index-NR (%) 23.77 -14.86 25.51 -0.40 -2.84 -6.18 25.23

Cumulative Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/03/1996
Fund without Sales Charge (%) (NAV) -23.05 -26.60 -21.28 -15.94 -15.71 28.10 609.66
Fund with Sales Charge (%) (POP) -23.05 -26.60 -21.28 -15.94 -15.71 28.10 609.66
MSCI Europe Local Index-NR (%) -16.19 -17.54 -12.16 -4.10 3.59 62.68 287.48
MSCI Europe Index-NR (%) -17.78 -19.84 -13.58 -4.70 -4.97 38.85 238.88
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/03/1996
Fund without Sales Charge (%) (NAV) -32.47 -32.47 -24.01 -21.66 -22.21 18.13 552.87
Fund with Sales Charge (%) (POP) -32.47 -32.47 -24.01 -21.66 -22.21 18.13 552.87
MSCI Europe Local Index-NR (%) -21.80 -21.80 -13.27 -7.72 -1.40 51.45 267.45
MSCI Europe Index-NR (%) -24.33 -24.33 -15.50 -6.86 -6.39 27.53 219.90

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 04/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 18.71 16.54 14.63
Standard Deviation (MSCI Europe Local Index-NR) 13.59 13.05 12.61
Beta 1.31 1.19
Sharpe Ratio -0.39 -0.27 0.13
Information Ratio -0.60 -0.66
Tracking Error 7.05 6.21

ADDITIONAL RISK STATISTICSAs of 04/30/2020 (updated monthly)

3 YR 5 YR 10 YR
% of Positive Months 52.78 58.33 59.17
Gains/Losses 0.84 0.91 1.21
Maximum Drawdown
32.47 32.47 32.47

SALES CHARGE, EXPENSES & FEES As of 05/01/2020 (updated annually)

Gross Expense Ratio 0.94%
Net Expense Ratio [further-information] 0.93%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 04/30/2020 Updated Monthly, based on a 3-year period

Beta 1.31
Sharpe Ratio -0.39
Standard Deviation 18.71

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