Average Annual Total Returns [further-information] As of 07/31/2020

Month EndAs of 07/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/03/1996
Fund without Sales Charge (%) (NAV) -15.84 -5.46 -2.99 2.62 7.73
Fund with Sales Charge (%) (POP) -15.84 -5.46 -2.99 2.62 7.73
MSCI Europe Local Index-NR (%) -7.69 0.14 1.84 5.87 6.03
MSCI Europe Index-NR (%) -1.29 0.27 1.60 4.89 5.73
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/03/1996
Fund without Sales Charge (%) (NAV) -13.65 -4.28 -1.94 3.32 7.85
Fund with Sales Charge (%) (POP) -13.65 -4.28 -1.94 3.32 7.85
MSCI Europe Local Index-NR (%) -5.71 0.84 3.02 6.63 6.12
MSCI Europe Index-NR (%) -6.78 0.00 1.46 5.65 5.59

After-Tax Average Annual Total Returns [further-information] As of 07/31/2020

Month EndAs of 07/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -16.09 -5.72 -3.57 1.72
Fund without Sales Charge (%) (NAV) After Shares Sold -8.63 -3.75 -1.94 2.38
Fund with Sales Charge (%) (POP) Before Shares Sold -16.09 -5.72 -3.57 1.72
Fund with Sales Charge (%) (POP) After Shares Sold -8.63 -3.75 -1.94 2.38
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -13.91 -4.54 -2.52 2.41
Fund without Sales Charge (%) (NAV) After Shares Sold -7.34 -2.89 -1.17 2.93
Fund with Sales Charge (%) (POP) Before Shares Sold -13.91 -4.54 -2.52 2.41
Fund with Sales Charge (%) (POP) After Shares Sold -7.34 -2.89 -1.17 2.93

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 07/31/2020

Month EndAs of 07/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/03/1996
Fund without Sales Charge (%) (NAV) 5.93 -22.45 -15.84 -15.50 -14.07 29.48 500.23
Fund with Sales Charge (%) (POP) 5.93 -22.45 -15.84 -15.50 -14.07 29.48 500.23
MSCI Europe Local Index-NR (%) 5.70 -12.84 -7.69 0.42 9.53 76.91 309.55
MSCI Europe Index-NR (%) 12.99 -9.43 -1.29 0.82 8.26 61.20 282.88
Quarter EndAs of 06/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/03/1996
Fund without Sales Charge (%) (NAV) 17.57 -20.77 -13.65 -12.31 -9.31 38.59 513.21
Fund with Sales Charge (%) (POP) 17.57 -20.77 -13.65 -12.31 -9.31 38.59 513.21
MSCI Europe Local Index-NR (%) 13.10 -11.56 -5.71 2.53 16.05 90.04 315.59
MSCI Europe Index-NR (%) 15.26 -12.78 -6.78 -0.01 7.51 73.31 268.72

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 07/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 18.90 16.63 14.52
Sharpe Ratio -0.37 -0.25 0.14

ADDITIONAL RISK STATISTICSAs of 07/31/2020 (updated monthly)

3 YR 5 YR 10 YR
% of Positive Months 50.00 56.67 59.17
Gains/Losses 0.85 0.93 1.21
Maximum Drawdown
32.61 32.61 32.61

SALES CHARGE, EXPENSES & FEES As of 05/01/2020 (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 07/31/2020 Updated Monthly, based on a 3-year period

Beta
Sharpe Ratio -0.37
Standard Deviation 18.90

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