Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 12/31/1996
Fund without Sales Charge (%) (NAV) 3.19 5.47 3.79 5.16 5.65
Fund with Sales Charge (%) (POP) -2.47 3.50 2.62 4.57 5.39
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 12/31/1996
Fund without Sales Charge (%) (NAV) 3.19 5.47 3.79 5.16 5.65
Fund with Sales Charge (%) (POP) -2.47 3.50 2.62 4.57 5.39
Blended Benchmark (%) 5.61 5.29 4.83 5.98 5.70
MSCI All Country World Index (%) 1.95 10.31 7.23 8.93 6.69
Bloomberg Barclays Multiverse Index (%) 7.54 1.81 2.14 2.55

After-Tax Average Annual Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 1.09 4.29 2.50 4.06
Fund without Sales Charge (%) (NAV) After Shares Sold 2.49 3.90 2.58 3.78
Fund with Sales Charge (%) (POP) Before Shares Sold -4.46 2.34 1.35 3.47
Fund with Sales Charge (%) (POP) After Shares Sold -0.90 2.40 1.67 3.29
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 1.09 4.29 2.50 4.06
Fund without Sales Charge (%) (NAV) After Shares Sold 2.49 3.90 2.58 3.78
Fund with Sales Charge (%) (POP) Before Shares Sold -4.46 2.34 1.35 3.47
Fund with Sales Charge (%) (POP) After Shares Sold -0.90 2.40 1.67 3.29

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -3.44 10.58 4.39 -2.26 3.35 10.39 7.99 -0.71 10.00 19.67
Fund with Sales Charge (%) (POP) -8.72 4.21 -1.63 -7.90 -2.57 4.02 1.81 -6.43 3.64 12.75
Blended Benchmark (%) -4.30 14.24 5.29 -2.51 6.83 9.76 8.36 2.52 8.30 13.76
MSCI All Country World Index (%) -8.93 24.62 8.49 -1.84 4.71 23.44 16.80 -6.86 13.21 35.41
Bloomberg Barclays Multiverse Index (%) -1.36 7.69 2.84 -3.29 0.47 -2.19 4.84 5.55 5.84 8.04

Cumulative Total Returns [further-information] As of 09/30/2019

Month EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/31/1996
Fund without Sales Charge (%) (NAV) 0.34 9.75 3.19 17.33 20.47 65.42 249.05
Fund with Sales Charge (%) (POP) -5.18 3.68 -2.47 10.89 13.83 56.27 229.91
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/31/1996
Fund without Sales Charge (%) (NAV) 0.34 9.75 3.19 17.33 20.47 65.42 249.05
Fund with Sales Charge (%) (POP) -5.18 3.68 -2.47 10.89 13.83 56.27 229.91
Blended Benchmark (%) 0.45 10.63 5.61 16.71 26.61 78.68 252.58
MSCI All Country World Index (%) 0.10 16.71 1.95 34.19 41.79 135.15 336.37
Bloomberg Barclays Multiverse Index (%) 0.63 6.45 7.54 5.52 11.15 28.58

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 5.08 5.59 6.06
Standard Deviation (Blended Benchmark) 5.43 5.79 5.62
Alpha 0.12 -0.60 -0.79
Beta 0.85 0.85 1.00
Sharpe Ratio 0.87 0.49 0.79
Information Ratio -0.28 -0.44 -0.38
Tracking Error 2.31 2.75 2.31
R-Squared 0.82 0.78 0.86

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

3 YR 5 YR 10 YR
Correlation Coefficient 0.91 0.88 0.92
Beta Bull 0.79 0.86 0.98
Beta Bear 1.05 1.03 1.16
Bull Bear Capture Ratio 1.05 0.93 0.91
% of Positive Months 77.78 70.00 66.67
Gains/Losses 2.47 1.68 1.93
Maximum Drawdown
5.97 8.70 8.70

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

Gross Expense Ratio 1.13%
Net Expense Ratio [further-information] 1.13%
Max Initial Sales Charge 5.50%
CDSC

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

Beta 0.85
Sharpe Ratio 0.87
Standard Deviation 5.08

Benchmarks

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

  • Blended Benchmark
  • MSCI All Country World Index
  • Bloomberg Barclays Multiverse Index