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) 10.54 4.66 3.24 5.86 9.88
Fund with Sales Charge (%) (POP) 10.54 4.66 3.24 5.86 9.88
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) 22.35 6.43 4.53 6.06 10.14
Fund with Sales Charge (%) (POP) 22.35 6.43 4.53 6.06 10.14
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 10.08 4.24 2.51 4.85
Fund without Sales Charge (%) (NAV) After Shares Sold 7.06 3.83 2.66 4.82
Fund with Sales Charge (%) (POP) Before Shares Sold 10.08 4.24 2.51 4.85
Fund with Sales Charge (%) (POP) After Shares Sold 7.06 3.83 2.66 4.82
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 21.85 6.01 3.78 5.05
Fund without Sales Charge (%) (NAV) After Shares Sold 14.09 5.19 3.63 4.94
Fund with Sales Charge (%) (POP) Before Shares Sold 21.85 6.01 3.78 5.05
Fund with Sales Charge (%) (POP) After Shares Sold 14.09 5.19 3.63 4.94

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 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) 0.13 -4.61 10.54 14.64 17.31 76.79 822.28
Fund with Sales Charge (%) (POP) 0.13 -4.61 10.54 14.64 17.31 76.79 822.28
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 22.35 22.35 20.55 24.80 80.11 866.80
Fund with Sales Charge (%) (POP) 6.98 22.35 22.35 20.55 24.80 80.11 866.80
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
Sharpe Ratio 0.27 0.18 0.44
Information Ratio -0.62 -0.61
Tracking Error 4.24 4.36

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 1.37 1.25 1.45
Maximum Drawdown
13.71 17.15 20.62

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

Gross Expense Ratio 0.92%
Net Expense Ratio [further-information] 0.91%
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 0.27
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