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) -21.57 -5.96 -3.74 2.07 7.96
Fund with Sales Charge (%) (POP) -25.87 -7.72 -4.82 1.49 7.71
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) -24.27 -8.16 -5.28 1.24 7.61
Fund with Sales Charge (%) (POP) -28.44 -9.88 -6.34 0.67 7.36
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 -21.83 -6.25 -4.35 1.16
Fund without Sales Charge (%) (NAV) After Shares Sold -12.00 -4.09 -2.46 1.98
Fund with Sales Charge (%) (POP) Before Shares Sold -26.12 -8.00 -5.43 0.59
Fund with Sales Charge (%) (POP) After Shares Sold -14.59 -5.39 -3.25 1.52
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -24.53 -8.44 -5.88 0.34
Fund without Sales Charge (%) (NAV) After Shares Sold -13.55 -5.66 -3.52 1.41
Fund with Sales Charge (%) (POP) Before Shares Sold -28.69 -10.16 -6.94 -0.23
Fund with Sales Charge (%) (POP) After Shares Sold -16.07 -6.92 -4.29 0.96

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 21.98 -11.29 10.14 2.12 0.57 -4.31 26.30 17.37 -8.27 8.25
Fund with Sales Charge (%) (POP) 15.28 -16.16 3.80 -3.77 -5.21 -9.82 19.06 10.64 -13.52 2.03
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 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) -23.10 -26.71 -21.57 -16.83 -17.36 22.70 520.27
Fund with Sales Charge (%) (POP) -27.34 -30.73 -25.87 -21.41 -21.89 15.95 486.30
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) -32.56 -32.56 -24.27 -22.53 -23.75 13.12 470.73
Fund with Sales Charge (%) (POP) -36.26 -36.26 -28.44 -26.80 -27.94 6.88 439.47
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) 18.72 16.54 14.63
Standard Deviation (MSCI Europe Local Index-NR) 13.59 13.05 12.61
Beta 1.31 1.19 1.10
Sharpe Ratio -0.41 -0.29 0.10
Information Ratio -0.65 -0.71 -0.59
Tracking Error 7.06 6.23 4.96

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 0.83 0.89 1.18
Maximum Drawdown
32.56 32.56 32.56

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

Gross Expense Ratio 1.29%
Net Expense Ratio [further-information] 1.29%
Max Initial Sales Charge 5.50%
CDSC 1.00%

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

Beta 1.31
Sharpe Ratio -0.41
Standard Deviation 18.72

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