Average Annual Total Returns [further-information] As of 10/31/2019

Month EndAs of 10/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 07/03/1996
Fund without Sales Charge (%) (NAV) 8.80 6.09 3.34 5.53 9.36
Fund with Sales Charge (%) (POP) 2.82 4.12 2.18 4.93 9.10
MSCI Europe (Net Returns) Local Index (%) 11.57 8.13 6.56 7.49 6.68
MSCI Europe (Net Returns) Index (%) 10.90 8.90 3.58 5.07 6.13
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 07/03/1996
Fund without Sales Charge (%) (NAV) 1.22 5.71 2.50 4.95 9.31
Fund with Sales Charge (%) (POP) -4.33 3.73 1.35 4.36 9.04
MSCI Europe (Net Returns) Local Index (%) 5.12 8.08 6.14 7.15 6.68
MSCI Europe (Net Returns) Index (%) -0.75 6.57 2.38 4.61 6.01

After-Tax Average Annual Total Returns [further-information] As of 10/31/2019

Month EndAs of 10/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 8.45 5.77 2.18 4.64
Fund without Sales Charge (%) (NAV) After Shares Sold 5.94 4.89 2.65 4.56
Fund with Sales Charge (%) (POP) Before Shares Sold 2.49 3.80 1.03 4.05
Fund with Sales Charge (%) (POP) After Shares Sold 2.36 3.34 1.74 4.07
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 0.68 5.39 1.36 4.07
Fund without Sales Charge (%) (NAV) After Shares Sold 1.57 4.60 2.01 4.10
Fund with Sales Charge (%) (POP) Before Shares Sold -4.84 3.42 0.22 3.48
Fund with Sales Charge (%) (POP) After Shares Sold -1.76 3.05 1.12 3.61

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -11.29 10.14 2.12 0.57 -4.31 26.30 17.37 -8.27 8.25 22.67
Fund with Sales Charge (%) (POP) -16.16 3.80 -3.77 -5.21 -9.82 19.06 10.64 -13.52 2.03 15.62
MSCI Europe (Net Returns) Local Index (%) -10.59 13.06 7.23 4.91 4.67 21.55 15.61 -9.34 6.83 27.70
MSCI Europe (Net Returns) Index (%) -14.86 25.51 -0.40 -2.84 -6.18 25.23 19.12 -11.06 3.88 35.83

Cumulative Total Returns [further-information] As of 10/31/2019

Month EndAs of 10/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/03/1996
Fund without Sales Charge (%) (NAV) 3.50 16.25 8.80 19.42 17.85 71.29 706.50
Fund with Sales Charge (%) (POP) -2.21 9.86 2.82 12.88 11.38 61.84 662.33
MSCI Europe (Net Returns) Local Index (%) 1.81 18.96 11.57 26.40 37.40 105.92 351.71
MSCI Europe (Net Returns) Index (%) 3.35 17.37 10.90 29.11 19.21 63.92 300.88
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 07/03/1996
Fund without Sales Charge (%) (NAV) 2.01 14.10 1.22 18.13 13.15 62.10 691.61
Fund with Sales Charge (%) (POP) -3.60 7.83 -4.33 11.61 6.94 53.17 648.26
MSCI Europe (Net Returns) Local Index (%) 2.03 18.44 5.12 26.24 34.68 99.46 349.72
MSCI Europe (Net Returns) Index (%) -1.80 13.72 -0.75 21.02 12.46 56.98 288.41

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 10/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 11.23 11.87 12.10
Standard Deviation (MSCI Europe (Net Returns) Local Index) 10.05 11.09 11.70
Beta 1.05 1.00 0.98
Sharpe Ratio 0.40 0.20 0.41
Information Ratio -0.52 -0.75 -0.51
Tracking Error 3.91 4.29 3.84

ADDITIONAL RISK STATISTICSAs of 10/31/2019 (updated monthly)

3 YR 5 YR 10 YR
% of Positive Months 58.33 61.67 60.00
Gains/Losses 1.51 1.27 1.43
Maximum Drawdown
13.96 17.39 20.79

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

Gross Expense Ratio 1.29%
Net Expense Ratio [further-information] 1.29%
Max Initial Sales Charge 5.50%
CDSC 1.00%

Volatility Measures [further-information] As of 10/31/2019 Updated Monthly, based on a 3-year period

Beta 1.05
Sharpe Ratio 0.40
Standard Deviation 11.23

Benchmarks

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

  • MSCI Europe (Net Returns) Local Index
  • MSCI Europe (Net Returns) Index