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) 10.11 4.26 2.83 5.40 9.26
Fund with Sales Charge (%) (POP) 4.04 2.31 1.67 4.80 9.00
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) 21.98 6.02 4.13 5.60 9.52
Fund with Sales Charge (%) (POP) 15.28 4.04 2.96 5.00 9.25
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 9.74 3.94 2.17 4.46
Fund without Sales Charge (%) (NAV) After Shares Sold 6.76 3.53 2.35 4.45
Fund with Sales Charge (%) (POP) Before Shares Sold 3.69 2.00 1.02 3.87
Fund with Sales Charge (%) (POP) After Shares Sold 3.12 2.02 1.44 3.96
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 21.57 5.70 3.46 4.66
Fund without Sales Charge (%) (NAV) After Shares Sold 13.82 4.89 3.33 4.58
Fund with Sales Charge (%) (POP) Before Shares Sold 14.89 3.71 2.30 4.06
Fund with Sales Charge (%) (POP) After Shares Sold 9.81 3.33 2.41 4.08

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 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) 0.01 -4.69 10.11 13.35 14.96 69.14 706.55
Fund with Sales Charge (%) (POP) -5.47 -9.92 4.04 7.10 8.64 59.85 662.38
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) 6.90 21.98 21.98 19.18 22.40 72.42 746.27
Fund with Sales Charge (%) (POP) 1.04 15.28 15.28 12.60 15.69 62.90 699.92
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) 11.33 12.04 12.17
Standard Deviation (MSCI Europe Local Index-NR) 9.71 10.92 11.57
Beta 1.08 1.03 1.00
Sharpe Ratio 0.23 0.15 0.40
Information Ratio -0.71 -0.70 -0.52
Tracking Error 4.26 4.38 3.91

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

3 YR 5 YR 10 YR
% of Positive Months 58.33 61.67 60.00
Gains/Losses 1.34 1.23 1.41
Maximum Drawdown
13.96 17.39 20.79

SALES CHARGE, EXPENSES & FEES As of 05/01/2019 (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 01/31/2020 Updated Monthly, based on a 3-year period

Beta 1.08
Sharpe Ratio 0.23
Standard Deviation 11.33

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