Average Annual Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/03/1996
Fund without Sales Charge (%) (NAV) -21.77 -6.21 -3.98 1.84 7.55
Fund with Sales Charge (%) (POP) -21.77 -6.21 -3.98 1.84 7.55
MSCI Europe Local Index-NR (%) -12.16 -1.38 0.71 4.99 5.85
MSCI Europe Index-NR (%) -13.58 -1.59 -1.01 3.34 5.26
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/03/1996
Fund without Sales Charge (%) (NAV) -24.46 -8.38 -5.51 1.02 7.20
Fund with Sales Charge (%) (POP) -24.46 -8.38 -5.51 1.02 7.20
MSCI Europe Local Index-NR (%) -13.27 -2.64 -0.28 4.24 5.63
MSCI Europe Index-NR (%) -15.50 -2.34 -1.31 2.46 5.02

After-Tax Average Annual Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -22.01 -6.46 -4.55 0.94
Fund without Sales Charge (%) (NAV) After Shares Sold -12.15 -4.28 -2.63 1.81
Fund with Sales Charge (%) (POP) Before Shares Sold -22.01 -6.46 -4.55 0.94
Fund with Sales Charge (%) (POP) After Shares Sold -12.15 -4.28 -2.63 1.81
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -24.68 -8.63 -6.08 0.13
Fund without Sales Charge (%) (NAV) After Shares Sold -13.69 -5.83 -3.68 1.25
Fund with Sales Charge (%) (POP) Before Shares Sold -24.68 -8.63 -6.08 0.13
Fund with Sales Charge (%) (POP) After Shares Sold -13.69 -5.83 -3.68 1.25

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 04/30/2020

Month EndAs of 04/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/03/1996
Fund without Sales Charge (%) (NAV) -23.15 -26.79 -21.77 -17.50 -18.36 19.97 466.63
Fund with Sales Charge (%) (POP) -23.15 -26.79 -21.77 -17.50 -18.36 19.97 466.63
MSCI Europe Local Index-NR (%) -16.19 -17.54 -12.16 -4.10 3.59 62.68 287.48
MSCI Europe Index-NR (%) -17.78 -19.84 -13.58 -4.70 -4.97 38.85 238.88
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/03/1996
Fund without Sales Charge (%) (NAV) -32.61 -32.61 -24.46 -23.10 -24.68 10.65 421.57
Fund with Sales Charge (%) (POP) -32.61 -32.61 -24.46 -23.10 -24.68 10.65 421.57
MSCI Europe Local Index-NR (%) -21.80 -21.80 -13.27 -7.72 -1.40 51.45 267.45
MSCI Europe Index-NR (%) -24.33 -24.33 -15.50 -6.86 -6.39 27.53 219.90

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 04/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 18.70 16.54 14.62
Standard Deviation (MSCI Europe Local Index-NR) 13.59 13.05 12.61
Beta 1.31 1.19 1.09
Sharpe Ratio -0.42 -0.31 0.09
Information Ratio -0.68 -0.75 -0.64
Tracking Error 7.06 6.21 4.95

ADDITIONAL RISK STATISTICSAs of 04/30/2020 (updated monthly)

3 YR 5 YR 10 YR
% of Positive Months 50.00 56.67 58.33
Gains/Losses 0.82 0.88 1.17
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 04/30/2020 Updated Monthly, based on a 3-year period

Beta 1.31
Sharpe Ratio -0.42
Standard Deviation 18.70

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