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) 11.45 10.72 6.66 8.48 6.84
Fund with Sales Charge (%) (POP) 11.45 10.72 6.66 8.48 6.84
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) 2.32 8.93 6.51 8.30 6.73
Fund with Sales Charge (%) (POP) 2.32 8.93 6.51 8.30 6.73
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 9.23 9.11 5.13 7.44
Fund without Sales Charge (%) (NAV) After Shares Sold 7.83 8.09 4.93 6.72
Fund with Sales Charge (%) (POP) Before Shares Sold 9.23 9.11 5.13 7.44
Fund with Sales Charge (%) (POP) After Shares Sold 7.83 8.09 4.93 6.72
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 0.28 7.35 4.99 7.26
Fund without Sales Charge (%) (NAV) After Shares Sold 2.42 6.73 4.85 6.59
Fund with Sales Charge (%) (POP) Before Shares Sold 0.28 7.35 4.99 7.26
Fund with Sales Charge (%) (POP) After Shares Sold 2.42 6.73 4.85 6.59

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -6.23 19.77 5.60 -1.41 5.23 21.26 10.84 -2.90 14.61 31.43
Fund with Sales Charge (%) (POP) -6.23 19.77 5.60 -1.41 5.23 21.26 10.84 -2.90 14.61 31.43
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) 4.69 19.17 11.45 35.74 38.03 125.69 355.46
Fund with Sales Charge (%) (POP) 4.69 19.17 11.45 35.74 38.03 125.69 355.46
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) 0.32 15.10 2.32 29.26 37.09 122.02 339.93
Fund with Sales Charge (%) (POP) 0.32 15.10 2.32 29.26 37.09 122.02 339.93
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 9.29 10.02
Standard Deviation (Blended Benchmark) 9.05 9.52 10.18
Alpha -0.09 -0.02 -0.29
Beta 0.99 0.96 0.96
Sharpe Ratio 1.00 0.61 0.79
Information Ratio -0.12 -0.15 -0.31
Tracking Error 1.63 1.93 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 0.94 0.91 0.96
Beta Bear 1.16 1.14 1.09
Bull Bear Capture Ratio 1.00 1.00 0.98
Gains/Losses 2.40 1.76 1.90

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

Gross Expense Ratio 0.96%
Net Expense Ratio [further-information] 0.93%
Max Initial Sales Charge 0.00%
CDSC

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

Beta 0.99
Alpha -0.09
Sharpe Ratio 1.00
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