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) 9.25 3.49 2.06 4.64 8.53
Fund with Sales Charge (%) (POP) 8.25 3.49 2.06 4.64 8.53
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) 21.01 5.23 3.34 4.84 8.79
Fund with Sales Charge (%) (POP) 20.01 5.23 3.34 4.84 8.79
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 9.11 3.43 1.64 3.89
Fund without Sales Charge (%) (NAV) After Shares Sold 6.06 2.94 1.77 3.86
Fund with Sales Charge (%) (POP) Before Shares Sold 8.11 3.43 1.64 3.89
Fund with Sales Charge (%) (POP) After Shares Sold 5.47 2.94 1.77 3.86
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 20.85 5.17 2.92 4.09
Fund without Sales Charge (%) (NAV) After Shares Sold 13.05 4.29 2.75 3.99
Fund with Sales Charge (%) (POP) Before Shares Sold 19.85 5.17 2.92 4.09
Fund with Sales Charge (%) (POP) After Shares Sold 12.46 4.29 2.75 3.99

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 21.01 -11.96 9.37 1.32 -0.16 -4.97 25.44 16.54 -8.90 7.52
Fund with Sales Charge (%) (POP) 20.01 -12.82 8.37 0.34 -1.09 -5.81 24.44 15.54 -9.79 6.52
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) -0.19 -4.73 9.25 10.83 10.72 57.35 589.44
Fund with Sales Charge (%) (POP) -1.17 -5.68 8.25 10.83 10.72 57.35 589.44
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) 6.68 21.01 21.01 16.51 17.87 60.39 623.67
Fund with Sales Charge (%) (POP) 5.68 20.01 20.01 16.51 17.87 60.39 623.67
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) 11.31 12.04 12.15
Standard Deviation (MSCI Europe Local Index-NR) 9.71 10.92 11.57
Beta 1.08 1.03 1.00
Sharpe Ratio 0.16 0.08 0.33
Information Ratio -0.90 -0.88 -0.72
Tracking Error 4.23 4.37 3.90

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

3 YR 5 YR 10 YR
% of Positive Months 55.56 60.00 59.17
Gains/Losses 1.28 1.17 1.36
Maximum Drawdown
14.35 17.89 21.02

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

Gross Expense Ratio 2.04%
Net Expense Ratio [further-information] 2.04%
Max Initial Sales Charge 0.00%
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 0.16
Standard Deviation 11.31

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