Average Annual Total Returns [further-information] As of 06/30/2020

Month EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/03/1996
Fund without Sales Charge (%) (NAV) -13.23 -3.80 -1.44 3.84 8.62
Fund with Sales Charge (%) (POP) -13.23 -3.80 -1.44 3.84 8.62
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
Quarter EndAs of 06/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/03/1996
Fund without Sales Charge (%) (NAV) -13.23 -3.80 -1.44 3.84 8.62
Fund with Sales Charge (%) (POP) -13.23 -3.80 -1.44 3.84 8.62
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 06/30/2020

Month EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -13.57 -4.15 -2.12 2.87
Fund without Sales Charge (%) (NAV) After Shares Sold -7.03 -2.53 -0.81 3.32
Fund with Sales Charge (%) (POP) Before Shares Sold -13.57 -4.15 -2.12 2.87
Fund with Sales Charge (%) (POP) After Shares Sold -7.03 -2.53 -0.81 3.32
Quarter EndAs of 06/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -13.57 -4.15 -2.12 2.87
Fund without Sales Charge (%) (NAV) After Shares Sold -7.03 -2.53 -0.81 3.32
Fund with Sales Charge (%) (POP) Before Shares Sold -13.57 -4.15 -2.12 2.87
Fund with Sales Charge (%) (POP) After Shares Sold -7.03 -2.53 -0.81 3.32

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 22.28 -11.12 10.45 2.40 0.82 -4.00 26.68 17.73 -8.01 8.61
Fund with Sales Charge (%) (POP) 22.28 -11.12 10.45 2.40 0.82 -4.00 26.68 17.73 -8.01 8.61
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 06/30/2020

Month 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) 17.73 -20.52 -13.23 -10.98 -7.01 45.76 626.77
Fund with Sales Charge (%) (POP) 17.73 -20.52 -13.23 -10.98 -7.01 45.76 626.77
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
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) 17.73 -20.52 -13.23 -10.98 -7.01 45.76 626.77
Fund with Sales Charge (%) (POP) 17.73 -20.52 -13.23 -10.98 -7.01 45.76 626.77
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 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 18.90 16.67 14.58
Standard Deviation (MSCI Europe Local Index-NR) 13.74 13.02 12.49
Beta 1.32 1.21 1.11
Sharpe Ratio -0.29 -0.15 0.22
Information Ratio -0.66 -0.72 -0.57
Tracking Error 7.01 6.16 4.89

ADDITIONAL RISK STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
% of Positive Months 55.56 60.00 60.83
Gains/Losses 0.92 1.00 1.29
Maximum Drawdown
32.49 32.49 32.49

SALES CHARGE, EXPENSES & FEES As of 05/01/2020 (updated annually)

Gross Expense Ratio 1.04%
Net Expense Ratio [further-information] 1.04%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 06/30/2020 Updated Monthly, based on a 3-year period

Beta 1.32
Sharpe Ratio -0.29
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