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 08/15/2003
Fund without Sales Charge (%) (NAV) 2.57 6.03 4.98 8.61 6.50
Fund with Sales Charge (%) (POP) 1.62 6.03 4.98 8.61 6.50
S&P 500 Index (%) 8.19 9.87 9.23 12.65 9.04
MSCI World Index (%) 5.23 7.84 6.48 9.36 8.10
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 08/15/2003
Fund without Sales Charge (%) (NAV) 24.83 11.13 7.53 9.33 7.09
Fund with Sales Charge (%) (POP) 23.83 11.13 7.53 9.33 7.09
S&P 500 Index (%) 31.49 15.28 11.70 13.56 9.71
MSCI World Index (%) 28.40 13.21 9.36 10.08 8.80

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 0.78 4.77 3.74 7.87
Fund without Sales Charge (%) (NAV) After Shares Sold 2.94 4.67 3.81 7.01
Fund with Sales Charge (%) (POP) Before Shares Sold -0.17 4.77 3.74 7.87
Fund with Sales Charge (%) (POP) After Shares Sold 2.38 4.67 3.81 7.01
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 22.66 9.81 6.27 8.60
Fund without Sales Charge (%) (NAV) After Shares Sold 16.20 8.60 5.77 7.59
Fund with Sales Charge (%) (POP) Before Shares Sold 21.66 9.81 6.27 8.60
Fund with Sales Charge (%) (POP) After Shares Sold 15.61 8.60 5.77 7.59

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 24.83 -7.76 19.20 6.82 -1.92 5.69 30.09 14.04 -3.67 12.39
Fund with Sales Charge (%) (POP) 23.83 -8.64 18.20 5.82 -2.85 4.69 29.09 13.04 -4.63 11.39
S&P 500 Index (%) 31.49 -4.38 21.83 11.96 1.38 13.69 32.39 16.00 2.11 15.06
MSCI World Index (%) 28.40 -8.20 23.07 8.15 -0.32 5.50 27.37 16.54 -5.02 12.34

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 08/15/2003
Fund without Sales Charge (%) (NAV) -5.54 -7.74 2.57 19.19 27.50 128.32 183.38
Fund with Sales Charge (%) (POP) -6.46 -8.67 1.62 19.19 27.50 128.32 183.38
S&P 500 Index (%) -5.50 -8.27 8.19 32.62 55.49 229.18 318.52
MSCI World Index (%) -6.18 -8.94 5.23 25.41 36.91 144.61 262.52
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/15/2003
Fund without Sales Charge (%) (NAV) 7.74 24.83 24.83 37.25 43.79 144.11 207.16
Fund with Sales Charge (%) (POP) 6.74 23.83 23.83 37.25 43.79 144.11 207.16
S&P 500 Index (%) 9.07 31.49 31.49 53.17 73.86 256.66 356.24
MSCI World Index (%) 8.68 28.40 28.40 45.06 56.39 161.31 298.12

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 02/29/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 12.79 12.32 13.09
Standard Deviation (S&P 500 Index) 12.98 12.26 12.65
Alpha -3.31 -3.75 -3.70
Beta 0.97 0.98 1.01
Sharpe Ratio 0.34 0.32 0.61
Information Ratio -1.70 -1.55 -1.45
Tracking Error 2.26 2.75 2.78
R-Squared 0.97 0.95 0.95

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

3 YR 5 YR 10 YR
Correlation Coefficient 0.98 0.98 0.98
Beta Bull 1.01 0.92 1.02
Beta Bear 0.98 0.97 0.99
Bull Bear Capture Ratio 0.82 0.79 0.82
% of Positive Months 75.00 70.00 65.83
Gains/Losses 1.51 1.42 1.69
Maximum Drawdown
15.07 15.07 19.15

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

Gross Expense Ratio 1.79%
Net Expense Ratio [further-information] 1.79%
Max Initial Sales Charge 0.00%
CDSC 1.00%

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

Beta 0.97
Alpha -3.31
Sharpe Ratio 0.34
R-Squared 0.97
Standard Deviation 12.79

Benchmarks

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

  • S&P 500 Index
  • MSCI World Index