Average Annual Total Returns [further-information] As of 02/29/2020

Month EndAs of 02/29/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/03/1996
Fund without Sales Charge (%) (NAV) -1.97 1.41 0.44 4.98 9.46
Fund with Sales Charge (%) (POP) -1.97 1.41 0.44 4.98 9.46
MSCI Europe Local Index-NR (%) 2.34 3.40 2.93 6.48 6.31
MSCI Europe Index-NR (%) -0.64 4.23 1.27 4.73 5.73
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 07/03/1996
Fund without Sales Charge (%) (NAV) 22.35 6.43 4.53 6.06 10.14
Fund with Sales Charge (%) (POP) 22.35 6.43 4.53 6.06 10.14
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 02/29/2020

Month EndAs of 02/29/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -2.38 1.01 -0.28 3.98
Fund without Sales Charge (%) (NAV) After Shares Sold -0.35 1.37 0.54 4.16
Fund with Sales Charge (%) (POP) Before Shares Sold -2.38 1.01 -0.28 3.98
Fund with Sales Charge (%) (POP) After Shares Sold -0.35 1.37 0.54 4.16
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 21.85 6.01 3.78 5.05
Fund without Sales Charge (%) (NAV) After Shares Sold 14.09 5.19 3.63 4.94
Fund with Sales Charge (%) (POP) Before Shares Sold 21.85 6.01 3.78 5.05
Fund with Sales Charge (%) (POP) After Shares Sold 14.09 5.19 3.63 4.94

Calendar Year Returns

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 Local Index-NR (%) 23.75 -10.59 13.06 7.23 4.91 4.67 21.55
MSCI Europe Index-NR (%) 23.77 -14.86 25.51 -0.40 -2.84 -6.18 25.23

Cumulative Total Returns [further-information] As of 02/29/2020

Month EndAs of 02/29/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/03/1996
Fund without Sales Charge (%) (NAV) -10.32 -12.22 -1.97 4.30 2.20 62.60 748.68
Fund with Sales Charge (%) (POP) -10.32 -12.22 -1.97 4.30 2.20 62.60 748.68
MSCI Europe Local Index-NR (%) -7.98 -9.50 2.34 10.55 15.55 87.34 325.27
MSCI Europe Index-NR (%) -8.10 -11.56 -0.64 13.23 6.50 58.72 273.90
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) 6.98 22.35 22.35 20.55 24.80 80.11 866.80
Fund with Sales Charge (%) (POP) 6.98 22.35 22.35 20.55 24.80 80.11 866.80
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 02/29/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 12.28 12.35 12.45
Standard Deviation (MSCI Europe Local Index-NR) 10.80 11.27 11.89
Beta 1.07 1.03
Sharpe Ratio -0.02 -0.05 0.35
Information Ratio -0.48 -0.57
Tracking Error 4.16 4.36

ADDITIONAL RISK STATISTICSAs of 02/29/2020 (updated monthly)

3 YR 5 YR 10 YR
% of Positive Months 55.56 60.00 60.00
Gains/Losses 1.13 1.07 1.37
Maximum Drawdown
13.71 17.15 20.62

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

Gross Expense Ratio 0.92%
Net Expense Ratio [further-information] 0.91%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 02/29/2020 Updated Monthly, based on a 3-year period

Beta 1.07
Sharpe Ratio -0.02
Standard Deviation 12.28

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