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 08/15/2003
Fund without Sales Charge (%) (NAV) 9.34 10.78 6.98 10.11 7.32
Fund with Sales Charge (%) (POP) 9.34 10.78 6.98 10.11 7.32
S&P 500 Index (%) 14.33 14.92 10.78 13.70 9.37
MSCI World Index (%) 13.35 12.50 8.20 10.09 8.51
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 08/15/2003
Fund without Sales Charge (%) (NAV) -1.10 9.60 6.89 9.69 7.25
Fund with Sales Charge (%) (POP) -1.10 9.60 6.89 9.69 7.25
S&P 500 Index (%) 4.25 13.40 10.84 13.24 9.28
MSCI World Index (%) 2.42 10.83 7.79 9.62 8.38

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 7.53 9.45 5.63 9.33
Fund without Sales Charge (%) (NAV) After Shares Sold 6.74 8.32 5.32 8.27
Fund with Sales Charge (%) (POP) Before Shares Sold 7.53 9.45 5.63 9.33
Fund with Sales Charge (%) (POP) After Shares Sold 6.74 8.32 5.32 8.27
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -2.74 8.28 5.54 8.90
Fund without Sales Charge (%) (NAV) After Shares Sold 0.47 7.41 5.25 7.91
Fund with Sales Charge (%) (POP) Before Shares Sold -2.74 8.28 5.54 8.90
Fund with Sales Charge (%) (POP) After Shares Sold 0.47 7.41 5.25 7.91

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -7.30 19.79 7.33 -1.43 6.30 30.76 14.49 -3.15 12.93 32.49
Fund with Sales Charge (%) (POP) -7.30 19.79 7.33 -1.43 6.30 30.76 14.49 -3.15 12.93 32.49
S&P 500 Index (%) -4.38 21.83 11.96 1.38 13.69 32.39 16.00 2.11 15.06 26.46
MSCI World Index (%) -8.20 23.07 8.15 -0.32 5.50 27.37 16.54 -5.02 12.34 30.79

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 08/15/2003
Fund without Sales Charge (%) (NAV) 0.83 18.12 9.34 35.95 40.16 162.07 214.15
Fund with Sales Charge (%) (POP) 0.83 18.12 9.34 35.95 40.16 162.07 214.15
S&P 500 Index (%) 2.43 23.16 14.33 51.73 66.81 260.96 327.36
MSCI World Index (%) 2.71 21.19 13.35 42.33 48.26 161.53 275.75
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/15/2003
Fund without Sales Charge (%) (NAV) -0.62 16.29 -1.10 31.65 39.52 152.14 209.29
Fund with Sales Charge (%) (POP) -0.62 16.29 -1.10 31.65 39.52 152.14 209.29
S&P 500 Index (%) 1.70 20.55 4.25 45.80 67.27 246.74 318.30
MSCI World Index (%) 0.66 18.15 2.42 36.11 45.51 150.48 266.33

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 11.86 12.01 12.93
Standard Deviation (S&P 500 Index) 11.90 11.82 12.46
Alpha -3.31 -3.31 -3.29
Beta 0.97 0.99 1.01
Sharpe Ratio 0.78 0.50 0.74
Information Ratio -1.63 -1.34 -1.26
Tracking Error 2.54 2.82 2.83
R-Squared 0.95 0.95 0.95

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

3 YR 5 YR 10 YR
Correlation Coefficient 0.98 0.97 0.98
Beta Bull 0.97 0.94 1.01
Beta Bear 1.00 0.99 1.00
Bull Bear Capture Ratio 0.83 0.81 0.83
% of Positive Months 80.56 70.00 66.67
Gains/Losses 2.06 1.61 1.83
Maximum Drawdown
14.95 14.95 18.95

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 0.00%
CDSC

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

Beta 0.97
Alpha -3.31
Sharpe Ratio 0.78
R-Squared 0.95
Standard Deviation 11.86

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