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) 9.82 4.00 2.57 5.16 8.84
Fund with Sales Charge (%) (POP) 9.82 4.00 2.57 5.16 8.84
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) 21.70 5.77 3.88 5.37 9.10
Fund with Sales Charge (%) (POP) 21.70 5.77 3.88 5.37 9.10
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 9.49 3.72 1.96 4.24
Fund without Sales Charge (%) (NAV) After Shares Sold 6.56 3.34 2.16 4.27
Fund with Sales Charge (%) (POP) Before Shares Sold 9.49 3.72 1.96 4.24
Fund with Sales Charge (%) (POP) After Shares Sold 6.56 3.34 2.16 4.27
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 21.33 5.49 3.26 4.44
Fund without Sales Charge (%) (NAV) After Shares Sold 13.63 4.70 3.15 4.40
Fund with Sales Charge (%) (POP) Before Shares Sold 21.33 5.49 3.26 4.44
Fund with Sales Charge (%) (POP) After Shares Sold 13.63 4.70 3.15 4.40

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 21.70 -11.54 9.92 1.86 0.37 -4.52 26.05 17.16 -8.45 8.02
Fund with Sales Charge (%) (POP) 21.70 -11.54 9.92 1.86 0.37 -4.52 26.05 17.16 -8.45 8.02
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) -0.08 -4.74 9.82 12.49 13.55 65.44 637.30
Fund with Sales Charge (%) (POP) -0.08 -4.74 9.82 12.49 13.55 65.44 637.30
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 21.70 21.70 18.34 20.98 68.71 673.96
Fund with Sales Charge (%) (POP) 6.90 21.70 21.70 18.34 20.98 68.71 673.96
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) 11.32 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 0.21 0.13 0.38
Information Ratio -0.77 -0.76 -0.58
Tracking Error 4.26 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 1.32 1.21 1.40
Maximum Drawdown
14.08 17.54 20.84

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

Gross Expense Ratio 1.54%
Net Expense Ratio [further-information] 1.54%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 01/31/2020 Updated Monthly, based on a 3-year period

Beta 1.08
Sharpe Ratio 0.21
Standard Deviation 11.32

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