Average Annual Total Returns [further-information] As of 10/31/2020

Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares.
Month EndAs of 10/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/03/1996
Fund without Sales Charge (%) (NAV) -20.51 -6.38 -1.62 2.45 8.53
Fund with Sales Charge (%) (POP) -20.51 -6.38 -1.62 2.45 8.53
MSCI Europe Value Local Index-NR (%) -24.26 -9.05 -1.67 1.99 5.27
MSCI Europe Value Index-NR (%) -21.81 -9.22 -2.34 0.15 4.73
Quarter EndAs of 09/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/03/1996
Fund without Sales Charge (%) (NAV) -14.29 -4.31 0.57 3.40 8.81
Fund with Sales Charge (%) (POP) -14.29 -4.31 0.57 3.40 8.81
MSCI Europe Local Index-NR (%) -7.33 -0.20 4.58 5.74 6.06
MSCI Europe Index-NR (%) -0.79 -0.61 4.23 4.26 5.72

After-Tax Average Annual Total Returns [further-information] As of 10/31/2020

Month EndAs of 10/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -21.08 -6.83 -2.28 1.46
Fund without Sales Charge (%) (NAV) After Shares Sold -11.34 -4.46 -0.93 2.22
Fund with Sales Charge (%) (POP) Before Shares Sold -21.08 -6.83 -2.28 1.46
Fund with Sales Charge (%) (POP) After Shares Sold -11.34 -4.46 -0.93 2.22
Quarter EndAs of 09/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -14.64 -4.66 -0.03 2.43
Fund without Sales Charge (%) (NAV) After Shares Sold -7.66 -2.92 0.72 2.94
Fund with Sales Charge (%) (POP) Before Shares Sold -14.64 -4.66 -0.03 2.43
Fund with Sales Charge (%) (POP) After Shares Sold -7.66 -2.92 0.72 2.94

Calendar Year Returns

Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares.
2019 2018 2017 2016 2015 2014 2013
Fund without Sales Charge (%) (NAV) 22.35 -10.94 10.63 2.53 0.98 -3.88 26.93
Fund with Sales Charge (%) (POP) 22.35 -10.94 10.63 2.53 0.98 -3.88 26.93
MSCI Europe Value Local Index-NR (%) 17.05 -11.48 10.91 13.29 -1.85 3.23 23.07
MSCI Europe Value Index-NR (%) 17.40 -15.88 23.25 4.29 -9.64 -7.27 26.83

Cumulative Total Returns [further-information] As of 10/31/2020

Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares.
Month EndAs of 10/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/03/1996
Fund without Sales Charge (%) (NAV) -2.80 -24.27 -20.51 -17.95 -7.86 27.41 632.20
Fund with Sales Charge (%) (POP) -2.80 -24.27 -20.51 -17.95 -7.86 27.41 632.20
MSCI Europe Value Local Index-NR (%) -5.34 -26.97 -24.26 -24.76 -8.09 21.78 248.50
MSCI Europe Value Index-NR (%) -6.72 -25.68 -21.81 -25.19 -11.18 1.46 208.11
Quarter EndAs of 09/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/03/1996
Fund without Sales Charge (%) (NAV) 0.77 -19.88 -14.29 -12.37 2.90 39.68 674.63
Fund with Sales Charge (%) (POP) 0.77 -19.88 -14.29 -12.37 2.90 39.68 674.63
MSCI Europe Local Index-NR (%) 0.28 -11.31 -7.33 -0.61 25.13 74.72 316.77
MSCI Europe Index-NR (%) 4.51 -8.85 -0.79 -1.83 23.05 51.76 285.36

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 10/31/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 19.35 16.42 14.60
Standard Deviation (MSCI Europe Value Local Index-NR) 14.06 12.23 12.41
Beta 1.14 1.09 0.98
Sharpe Ratio -0.41 -0.17 0.13
Information Ratio 0.51 0.01 0.10
Tracking Error 5.18 4.99 4.56

ADDITIONAL RISK STATISTICSAs of 10/31/2020 (updated monthly)

3 YR 5 YR 10 YR
% of Positive Months 50.00 58.33 59.17
Gains/Losses 0.83 0.99 1.20
Maximum Drawdown
32.47 32.47 32.47

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

Gross Expense Ratio 0.94%
Net Expense Ratio [further-information] 0.93%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 10/31/2020 Updated Monthly, based on a 3-year period

Beta 1.14
Sharpe Ratio -0.41
Standard Deviation 19.35

Benchmarks

A benchmark is a comparable broad-based index that can be used to evaluate a fund's performance.

  • MSCI Europe Value Local Index-NR
  • MSCI Europe Value Index-NR