Use the Guide
Browse the Guide
Portfolio Discussions
Dr. Kelly's Review
Use the Guide
Guide to Retirement
Discussions
Client Presentation
Headlines
Employment & the Fed
Navigating fiscal uncertainty
European Markets
U.S. Recovery
Headlines
Employment & the Fed
Navigating fiscal uncertainty
European Markets
U.S. Recovery
Featured Topics
Fixed Income
Income Opportunities
U.S. Equities
Global Growth
Looking for other topics? Visit the Library
Choose a Shortcut

Emerging Markets Equity Fund - R6 (JEMWX)

Emerging Markets Equity Fund - R6 (JEMWX)
Overview Performance and Ratings Holdings and Details Management Dividends and Capital Gains Fees and Expenses Sales Resources

Objective

The Fund seeks to provide high total return from a portfolio of equity securities from emerging market issuers.

Strategy/Investment process

  • Invests in companies from various emerging markets around the globe.
  • Minimizes emerging market risks through stock selection, country allocation and currency management.
  • Employs an emerging market analyst network to seek the most promising investment opportunities.
  • Forecasts company earnings to help determine a stock's long-term potential.
Performance basics
  Annualized returns (as of 5/31/2015)
  1 Year 3 Year 5 Year 10 Year
at NAV -5.22% 4.42% 3.36% 8.26%
MSCI Emerging Markets Index (net of foreign withholding taxes) -0.01% 5.96% 4.08% 8.76%
Lipper Emerging Markets Funds Index -2.46% 5.99% 4.62% 8.08%
  Annualized returns
(as of 3/31/2015)
  1 Year 3 Year 5 Year 10 Year
at NAV 0.07% 0.64% 1.70% 8.44%
MSCI Emerging Markets Index (net of foreign withholding taxes) 0.44% 0.31% 1.75% 8.48%
Lipper Emerging Markets Funds Index -1.21% 0.60% 2.10% 7.82%

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.

Annual operating expenses (%)
Expense cap expiration date 02/29/2016
Expense cap 1.05%
Total annual operating expenses 1.23%
Fee waivers and/or expense reimbursements 0.18%
Net expenses 1.05%

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.

Minimum investments
Minimum investments Minimum subsequent investments
Regular $15M Regular No Minimum.
IRA $15M IRA No Minimum.
Daily stats (as of 7/06/2015)
NAV YTD
$22.03 -2.09%
$0.37 | -1.65%  
 
NAV as of:
  • Wed
    May 27
    2015
    $22.87
     
  • Thu
    May 28
    2015
    $22.70
     
  • Fri
    May 29
    2015
    $22.58
     
  • Mon
    Jun 01
    2015
    $22.45
     
  • Tue
    Jun 02
    2015
    $22.45
     
  • Wed
    Jun 03
    2015
    $22.24
     
  • Thu
    Jun 04
    2015
    $22.04
     
  • Fri
    Jun 05
    2015
    $22.03
     
  • Mon
    Jun 08
    2015
    $21.92
     
  • Tue
    Jun 09
    2015
    $21.84
     
  • Wed
    Jun 10
    2015
    $22.14
     
  • Thu
    Jun 11
    2015
    $22.09
     
  • Fri
    Jun 12
    2015
    $22.01
     
  • Mon
    Jun 15
    2015
    $21.89
     
  • Tue
    Jun 16
    2015
    $22.03
     
  • Wed
    Jun 17
    2015
    $22.14
     
  • Thu
    Jun 18
    2015
    $22.36
     
  • Fri
    Jun 19
    2015
    $22.25
     
  • Mon
    Jun 22
    2015
    $22.59
     
  • Tue
    Jun 23
    2015
    $22.66
     
  • Wed
    Jun 24
    2015
    $22.53
     
  • Thu
    Jun 25
    2015
    $22.59
     
  • Fri
    Jun 26
    2015
    $22.48
     
  • Mon
    Jun 29
    2015
    $22.02
     
  • Tue
    Jun 30
    2015
    $22.30
     
  • Wed
    Jul 01
    2015
    $22.32
     
  • Thu
    Jul 02
    2015
    $22.40
     
  • Mon
    Jul 06
    2015
    $22.03
     
 
52 Week High $25.64
(9/05/2014)
52 Week Low $21.74
(12/16/2014)
YTD Total Return w/Load N/A
Net Asset Class $805,759,325.33
Net Asset Fund $2,069,814,314.45

N/A: Not available at this time

Basics
Ticker JEMWX
CUSIP 48121L122
Share Class Inception Date 12/23/2013
Fund Number 1261
Asset Class International Equity
Cut-off time1 4:00 P.M.

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.

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

The quoted performance of the Fund includes performance of a predecessor fund/share class prior to the Fund's commencement of operations. Please refer to the current prospectus for further information.

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 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.