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 07/03/1996
Fund without Sales Charge (%) (NAV) 0.46 4.91 1.75 4.20 8.59
Fund with Sales Charge (%) (POP) -0.52 4.91 1.75 4.20 8.59
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
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) 0.46 4.91 1.75 4.20 8.59
Fund with Sales Charge (%) (POP) -0.52 4.91 1.75 4.20 8.59
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 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 0.31 4.86 0.82 3.49
Fund without Sales Charge (%) (NAV) After Shares Sold 0.91 4.01 1.47 3.51
Fund with Sales Charge (%) (POP) Before Shares Sold -0.67 4.86 0.82 3.49
Fund with Sales Charge (%) (POP) After Shares Sold 0.33 4.01 1.47 3.51
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 0.31 4.86 0.82 3.49
Fund without Sales Charge (%) (NAV) After Shares Sold 0.91 4.01 1.47 3.51
Fund with Sales Charge (%) (POP) Before Shares Sold -0.67 4.86 0.82 3.49
Fund with Sales Charge (%) (POP) After Shares Sold 0.33 4.01 1.47 3.51

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -11.96 9.37 1.32 -0.16 -4.97 25.44 16.54 -8.90 7.52 21.76
Fund with Sales Charge (%) (POP) -12.82 8.37 0.34 -1.09 -5.81 24.44 15.54 -9.79 6.52 20.76
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 09/30/2019

Month 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) 1.84 13.43 0.46 15.45 9.04 50.84 578.37
Fund with Sales Charge (%) (POP) 0.84 12.43 -0.52 15.45 9.04 50.84 578.37
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
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) 1.84 13.43 0.46 15.45 9.04 50.84 578.37
Fund with Sales Charge (%) (POP) 0.84 12.43 -0.52 15.45 9.04 50.84 578.37
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 09/30/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 11.18 11.90 12.15
Standard Deviation (MSCI Europe (Net Returns) Local Index) 10.05 11.13 11.75
Beta 1.05 1.00 0.98
Sharpe Ratio 0.30 0.07 0.30
Information Ratio -0.83 -1.04 -0.77
Tracking Error 3.80 4.21 3.81

ADDITIONAL RISK STATISTICSAs of 09/30/2019 (updated monthly)

3 YR 5 YR 10 YR
% of Positive Months 55.56 58.33 58.33
Gains/Losses 1.41 1.16 1.33
Maximum Drawdown
14.35 17.89 21.02

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

Gross Expense Ratio 2.04%
Net Expense Ratio [further-information] 2.04%
Max Initial Sales Charge 0.00%
CDSC 1.00%

Volatility Measures [further-information] As of 09/30/2019 Updated Monthly, based on a 3-year period

Beta 1.05
Sharpe Ratio 0.30
Standard Deviation 11.18

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