Average Annual Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 08/15/2003
Fund without Sales Charge (%) (NAV) 7.13 5.68 5.72 9.51 7.03
Fund with Sales Charge (%) (POP) 7.13 5.68 5.72 9.51 7.03
S&P 500 Index (%) 12.84 10.23 9.86 13.15 9.13
MSCI World Index (%) 7.37 6.49 6.44 9.89 8.04
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 08/15/2003
Fund without Sales Charge (%) (NAV) -11.32 1.26 2.68 6.93 6.07
Fund with Sales Charge (%) (POP) -11.32 1.26 2.68 6.93 6.07
S&P 500 Index (%) -6.98 5.10 6.72 10.53 8.13
MSCI World Index (%) -9.87 2.49 3.83 7.17 7.14

After-Tax Average Annual Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 5.17 4.33 4.37 8.67
Fund without Sales Charge (%) (NAV) After Shares Sold 5.73 4.38 4.35 7.76
Fund with Sales Charge (%) (POP) Before Shares Sold 5.17 4.33 4.37 8.67
Fund with Sales Charge (%) (POP) After Shares Sold 5.73 4.38 4.35 7.76
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -12.95 -0.04 1.37 6.12
Fund without Sales Charge (%) (NAV) After Shares Sold -5.06 1.19 2.16 5.65
Fund with Sales Charge (%) (POP) Before Shares Sold -12.95 -0.04 1.37 6.12
Fund with Sales Charge (%) (POP) After Shares Sold -5.06 1.19 2.16 5.65

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 25.51 -7.30 19.79 7.33 -1.43 6.30 30.76 14.49 -3.15 12.93
Fund with Sales Charge (%) (POP) 25.51 -7.30 19.79 7.33 -1.43 6.30 30.76 14.49 -3.15 12.93
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 05/31/2020

Month EndAs of 05/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/15/2003
Fund without Sales Charge (%) (NAV) 1.56 -6.23 7.13 18.04 32.04 148.07 213.02
Fund with Sales Charge (%) (POP) 1.56 -6.23 7.13 18.04 32.04 148.07 213.02
S&P 500 Index (%) 3.59 -4.97 12.84 33.95 60.05 244.08 333.56
MSCI World Index (%) 1.08 -7.95 7.37 20.78 36.62 156.92 266.45
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/15/2003
Fund without Sales Charge (%) (NAV) -20.18 -20.18 -11.32 3.83 14.15 95.52 166.45
Fund with Sales Charge (%) (POP) -20.18 -20.18 -11.32 3.83 14.15 95.52 166.45
S&P 500 Index (%) -19.60 -19.60 -6.98 16.11 38.47 172.10 266.83
MSCI World Index (%) -20.93 -20.93 -9.87 7.67 20.69 99.91 214.78

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 16.65 14.81 13.84
Standard Deviation (S&P 500 Index) 16.71 14.63 13.36
Alpha -3.92 -3.76 -3.46
Beta 0.99 0.99 1.01
Sharpe Ratio 0.28 0.36 0.70
Information Ratio -1.89 -1.51 -1.34
Tracking Error 2.35 2.81 2.80
R-Squared 0.98 0.96 0.96

ADDITIONAL RISK STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Correlation Coefficient 0.99 0.98 0.98
Beta Bull 0.99 0.92 1.00
Beta Bear 1.05 0.99 1.03
Bull Bear Capture Ratio 0.83 0.82 0.83
Gains/Losses 1.43 1.48 1.81

SALES CHARGE, EXPENSES & FEES As of 05/01/2020 (updated annually)

Gross Expense Ratio 1.31%
Net Expense Ratio [further-information] 1.31%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 06/30/2020 Updated Monthly, based on a 3-year period

Beta 0.99
Alpha -3.92
Sharpe Ratio 0.28
R-Squared 0.98
Standard Deviation 16.65

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