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Total Emerging Markets Fund - A (TMGGX)

Total Emerging Markets Fund - A (TMGGX)
 ! This share class is currently closed to new investors.
Overview Performance and Ratings Holdings and Details Management Dividends and Capital Gains Fees and Expenses Sales Resources

Objective

The Fund seeks to provide total return.

Strategy/Investment process

  • An emerging markets portfolio that employs strategic and tactical asset selection and allocation processes to actively invest in equity and debt instruments depending on the adviser's convictions.
  • Not constrained by market capitalization or style limits and can invest across market industries and sectors.
  • Invests at least 80% of the value of its Assets in equity and debt investments of emerging markets.
Performance basics
  Annualized returns (as of 6/30/2015)
  1 Year 3 Year 5 Year Incept
at NAV -6.32% 1.59% N/A 2.78%
With 4.50% max. sales charge -10.54% 0.05% N/A 1.46%
MSCI Emerging Markets Index (net of foreign withholding taxes) -5.12% 3.71% N/A 3.86%
J.P. Morgan Emerging Markets Bond Index Global Diversified -1.61% 3.42% N/A 5.28%
Lipper Emerging Markets Funds Index -7.05% 3.60% N/A 3.63%

Performance Inception Date:11/30/11

The performance quoted is past performance and is not a guarantee of future results. Mutual funds are subject to certain market risks. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than original cost. Current performance may be higher or lower than the performance data shown. For performance current to the most recent month-end, please call 1-800-480-4111.

Lipper Index since inception returns are as of month-end. The performance quoted is past performance and is not a guarantee of future results.

Annual operating expenses (%)
Expense cap expiration date 02/29/2016
Expense cap 1.55%
Total annual operating expenses 2.94%
Fee waivers and/or expense reimbursements 1.39%
Net expenses 1.55%

Fee waivers and/or expense reimbursements,Net Expenses
The Investment Advisor, Administrator and Distributor (the "Service Providers") have contractually agreed to waive fees and/or reimburse expenses to the extent that Total Annual Operating Expenses (excluding Acquired Fund Fees and Expenses, dividend expenses relating to short sales, interest, taxes, expenses related to litigation and potential litigation, extraordinary expenses and expenses related to the Board of Trustees' deferred compensation plan) exceed the expense cap of the average daily net assets through the expense cap expiration date. This contract continues through that date, at which time the Service Providers will determine whether or not to renew or revise it.

Ratings (as of 6/30/2015)
Minimum investments
Minimum investments Minimum subsequent investments
Regular $1000 Regular $50
IRA $1000 IRA $50
Daily stats (as of 7/29/2015)
NAV YTD
$15.19 -1.81%
$0.00 | 0.00%  
 
NAV as of:
  • Fri
    Jun 19
    2015
    $15.20
     
  • Mon
    Jun 22
    2015
    $15.33
     
  • Tue
    Jun 23
    2015
    $15.24
     
  • Wed
    Jun 24
    2015
    $15.23
     
  • Thu
    Jun 25
    2015
    $15.23
     
  • Fri
    Jun 26
    2015
    $15.23
     
  • Mon
    Jun 29
    2015
    $15.23
     
  • Tue
    Jun 30
    2015
    $15.23
     
  • Wed
    Jul 01
    2015
    $15.23
     
  • Thu
    Jul 02
    2015
    $15.23
     
  • Mon
    Jul 06
    2015
    $15.23
     
  • Tue
    Jul 07
    2015
    $15.23
     
  • Wed
    Jul 08
    2015
    $15.20
     
  • Thu
    Jul 09
    2015
    $15.21
     
  • Fri
    Jul 10
    2015
    $15.21
     
  • Mon
    Jul 13
    2015
    $15.20
     
  • Tue
    Jul 14
    2015
    $15.20
     
  • Wed
    Jul 15
    2015
    $15.20
     
  • Thu
    Jul 16
    2015
    $15.20
     
  • Fri
    Jul 17
    2015
    $15.20
     
  • Mon
    Jul 20
    2015
    $15.20
     
  • Tue
    Jul 21
    2015
    $15.20
     
  • Wed
    Jul 22
    2015
    $15.20
     
  • Thu
    Jul 23
    2015
    $15.20
     
  • Fri
    Jul 24
    2015
    $15.19
     
  • Mon
    Jul 27
    2015
    $15.19
     
  • Tue
    Jul 28
    2015
    $15.19
     
  • Wed
    Jul 29
    2015
    $15.19
     
 
52 Week High $17.08
(9/03/2014)
52 Week Low $15.04
(12/16/2014)
YTD Total Return w/Load -6.23%
Net Asset Class $864,742.47
Net Asset Fund $28,594,482.52
Basics
Ticker TMGGX
CUSIP 46636U405
Share Class Inception Date 11/30/2011
Fund Number 2412
Asset Class Asset Allocation
Cut-off time1 4:00 P.M.

The Fund's fixed income securities are subject to interest rate risk. If rates increase, the value of the Fund's investments generally declines.

The Fund may invest in futures contracts and derivatives. Many derivatives create leverage that can cause the Fund to be more volatile than it would be if it had not used derivatives.

The Fund may invest in securities that are below investment grade (i.e., "high yield" or "junk bonds") that are generally rated in the fifth or lower rating categories of Standard & Poor's and Moody's Investors Service. Although these securities tend to provide higher yields than higher-rated securities, there is a greater risk that the Fund's share price will decline.

International investing involves a greater degree of risk and increased volatility. Changes in currency exchange rates and differences in accounting and taxation policies outside the U.S. can raise or lower returns. Also, some overseas markets may not be as politically and economically stable as the United States and other nations. The Fund's investments in emerging markets could lead to more volatility in the value of the Fund's shares. As mentioned above, the normal risks of investing in foreign countries are heightened when investing in emerging markets. In addition, the small size of securities markets and the low trading volume may lead to a lack of liquidity, which leads to increased volatility. Also, emerging markets may not provide adequate legal protection for private or foreign investment or private property.

Under normal circumstances, the Fund invests at least 80% of the value of its Assets in equity and debt investments of emerging markets.

Asset allocation/diversification does not guarantee investment returns and does not eliminate the risk of loss.

1Please refer to the prospectus for additional information about cut-off times.

Total return assumes reinvestment of income.

The MSCI Emerging Markets Index (net of foreign withholding taxes) is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of emerging markets. The performance of the index does not reflect the deduction of expenses associated with a fund, such as investment management fees. By contrast, the performance of the Fund reflects the deduction of the fund expenses, including sales charges if applicable. Total return figures assume the reinvestment of dividends. The dividend is reinvested after deduction of withholding tax, applying the maximum rate to nonresident individual investors who do not benefit from double taxation treaties. An individual cannot invest directly in an index.

The J.P. Morgan Emerging Markets Bond Index Global Diversified tracks total returns for U.S. dollar-denominated debt instruments issued by emerging market sovereign and quasi-sovereign entities: Brady bonds, loans, Eurobonds. The diversified index limits the exposure of some of the larger countries. The performance of the index does not reflect the deduction of expenses associated with a fund, such as investment management fees. By contrast, the performance of the Fund reflects the deduction of the fund expenses, including sales charges if applicable. An individual cannot invest directly in an index.

The performance of the Lipper Emerging Markets Funds Index includes expenses associated with a mutual fund, such as investment management fees. These expenses are not identical to the expenses charged by the Fund. An individual cannot invest directly in an index.

Total return assumes reinvestment of dividends and capital gains distributions and reflects the deduction of any sales charges, where applicable. Performance may reflect the waiver of a portion of the Fund's advisory or administrative fees and/or reimbursement of certain expenses for certain periods since the inception date. If fees had not been waived and/or certain expenses were not reimbursed, performance would have been less favorable.

©2015, American Bankers Association, CUSIP Database provided by the Standard & Poor's CUSIP Service Bureau, a division of The McGraw-Hill Companies, Inc. All rights reserved.