Average Annual Total Returns [further-information] As of 11/30/2019

Month EndAs of 11/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/31/1996
Fund without Sales Charge (%) (NAV) 11.21 10.45 6.38 8.20 6.67
Fund with Sales Charge (%) (POP) 5.09 8.38 5.18 7.59 6.41
Blended Benchmark (%) 13.33 10.92 6.95 9.13 6.96
MSCI All Country World Index (%) 14.31 12.56 7.83 9.22 6.88
Bloomberg Barclays Multiverse Index (%) 8.41 4.06 2.20 2.23
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/31/1996
Fund without Sales Charge (%) (NAV) 2.15 8.67 6.26 8.02 6.57
Fund with Sales Charge (%) (POP) -3.48 6.64 5.06 7.41 6.30
Blended Benchmark (%) 3.27 8.67 6.74 8.97 6.81
MSCI All Country World Index (%) 1.95 10.31 7.23 8.93 6.69
Bloomberg Barclays Multiverse Index (%) 7.54 1.81 2.14 2.55

After-Tax Average Annual Total Returns [further-information] As of 11/30/2019

Month EndAs of 11/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 9.06 8.90 4.92 7.21
Fund without Sales Charge (%) (NAV) After Shares Sold 7.68 7.89 4.73 6.50
Fund with Sales Charge (%) (POP) Before Shares Sold 3.06 6.86 3.73 6.61
Fund with Sales Charge (%) (POP) After Shares Sold 4.00 6.26 3.81 5.98
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 0.17 7.14 4.79 7.03
Fund without Sales Charge (%) (NAV) After Shares Sold 2.30 6.53 4.67 6.37
Fund with Sales Charge (%) (POP) Before Shares Sold -5.35 5.15 3.61 6.43
Fund with Sales Charge (%) (POP) After Shares Sold -1.09 4.94 3.74 5.85

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -6.45 19.45 5.36 -1.66 4.95 20.98 10.52 -3.15 14.31 31.08
Fund with Sales Charge (%) (POP) -11.62 12.60 -0.71 -7.30 -1.07 14.06 4.14 -8.71 7.76 23.54
Blended Benchmark (%) -7.36 21.09 7.49 -2.00 7.61 22.74 13.98 -0.41 11.76 23.62
MSCI All Country World Index (%) -8.93 24.62 8.49 -1.84 4.71 23.44 16.80 -6.86 13.21 35.41
Bloomberg Barclays Multiverse Index (%) -1.36 7.69 2.84 -3.29 0.47 -2.19 4.84 5.55 5.84 8.04

Cumulative Total Returns [further-information] As of 11/30/2019

Month EndAs of 11/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/31/1996
Fund without Sales Charge (%) (NAV) 4.61 18.88 11.21 34.73 36.25 119.95 339.48
Fund with Sales Charge (%) (POP) -1.16 12.36 5.09 27.30 28.74 107.87 315.39
Blended Benchmark (%) 5.83 19.58 13.33 36.44 39.94 139.54 366.79
MSCI All Country World Index (%) 7.58 22.92 14.31 42.58 45.75 141.44 359.57
Bloomberg Barclays Multiverse Index (%) -1.00 6.39 8.41 12.66 11.48 24.73
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/31/1996
Fund without Sales Charge (%) (NAV) 0.27 14.92 2.15 28.31 35.45 116.39 324.84
Fund with Sales Charge (%) (POP) -5.27 8.62 -3.48 21.28 27.98 104.45 301.55
Blended Benchmark (%) 0.23 14.72 3.27 28.29 38.56 136.06 347.80
MSCI All Country World Index (%) 0.10 16.71 1.95 34.19 41.79 135.15 336.37
Bloomberg Barclays Multiverse Index (%) 0.63 6.45 7.54 5.52 11.15 28.58

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 11/30/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 9.12 9.27 9.99
Standard Deviation (Blended Benchmark) 9.05 9.52 10.18
Alpha -0.34 -0.27 -0.53
Beta 0.99 0.95 0.96
Sharpe Ratio 0.97 0.58 0.77
Information Ratio -0.29 -0.29 -0.44
Tracking Error 1.61 1.95 2.09
R-Squared 0.97 0.96 0.96

ADDITIONAL RISK STATISTICSAs of 11/30/2019 (updated monthly)

3 YR 5 YR 10 YR
Correlation Coefficient 0.98 0.98 0.98
Beta Bull 0.95 0.91 0.96
Beta Bear 1.15 1.14 1.09
Bull Bear Capture Ratio 0.98 0.98 0.96
Gains/Losses 2.36 1.73 1.87

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

Gross Expense Ratio 1.21%
Net Expense Ratio [further-information] 1.18%
Max Initial Sales Charge 5.50%
CDSC

Volatility Measures [further-information] As of 11/30/2019 Updated Monthly, based on a 3-year period

Beta 0.99
Alpha -0.34
Sharpe Ratio 0.97
R-Squared 0.97
Standard Deviation 9.12

Benchmarks

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

  • Blended Benchmark
  • MSCI All Country World Index
  • Bloomberg Barclays Multiverse Index