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International Unconstrained Equity Fund - A (IUAEX)

International Unconstrained Equity Fund - A (IUAEX)
Overview Performance and Ratings Holdings and Details Management Dividends and Capital Gains Fees and Expenses Sales Resources
Performance basics
  Total returns
(as of 6/30/2015)
Annualized returns
(as of 6/30/2015)
  1
Month
3
Month

YTD
1
Year
3
Year
5
Year
Incept
at NAV -2.33% 3.54% 9.63% 2.18% 12.00% N/A 11.61%
With 5.25% max. sales charge -7.47% -1.91% 3.89% -3.19% 9.99% N/A 9.95%
MSCI All Country World Index, ex-U.S. (net of foreign withholding taxes) -2.79% 0.53% 4.03% -5.26% 9.44% N/A 8.33%
Lipper International Large-Cap Growth Funds Index -2.89% 0.74% 5.15% -2.06% 10.81% N/A 9.87%

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.

 

Cumulative returns (as of 6/30/2015)
  1 Year 3 Year 5 Year Incept
at NAV 2.18% 40.48% N/A 48.25%
With 5.25% max. sales charge -3.19% 33.08% N/A 40.48%
Calendar year returns
 
at NAV
MSCI All Country World Index, ex-U.S. (net of foreign withholding taxes)
Lipper International Large-Cap Growth Funds Index
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
N/A N/A N/A N/A N/A N/A N/A 25.49% 15.99% -5.40%
N/A N/A N/A N/A N/A N/A N/A 16.82% 15.29% -3.87%
N/A N/A N/A N/A N/A N/A N/A 19.92% 18.45% -3.80%
Browse your yearly returns: 2005
2014

N/A: Not available at this time


Annual operating expenses (%)
Expense cap expiration date 02/29/2016
Expense cap 1.25%
Total annual operating expenses 5.01%
Fee waivers and/or expense reimbursements 3.76%
Net expenses 1.25%

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.

Morningstar ratings (as of 6/30/2015)
Morningstar category: Foreign Large Blend
Overall
668 funds in category
3 Year
668 funds in category

2015, Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its providers; (2) may not be copied or distributed; (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damage or losses arising from any use of this information. Past performance is not a guarantee of future results. For each fund with a three-year history, Morningstar calculates a Morningstar Rating™ metric each month by subtracting the return on a 90-day U.S. Treasury Bill from the fund's load-adjusted return for the same period, and then adjusting this excess return for risk. The top 10% of funds in each broad asset class receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. Past performance is no guarantee of future results. Different share classes may have different ratings.

The price of equity securities may rise or fall because of changes in the broad market or changes in a company's financial condition, sometimes rapidly or unpredictably. These price movements may result from factors affecting individual companies, sectors or industries selected for the Fund's portfolio or the securities market as a whole, such as changes in economic or political conditions. Equity securities are subject to "stock market risk," meaning that stock prices in general (or in particular, the prices of the types of securities in which a fund invests) may decline over short or extended periods of time. When the value of a Fund's securities goes down, an investment in a Fund decreases in value.

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 risks associated with foreign securities are magnified in countries in "emerging markets." These countries may have relatively unstable governments and less-established market economies than developed countries. Emerging markets may face greater social, economic, regulatory and political uncertainties. These risks make emerging market securities more volatile and less liquid than securities issued in more developed countries.

The Fund may invest in derivatives that may be riskier than other types of investments because they may be more sensitive to changes in economic or market conditions and could result in losses that significantly exceed the Fund's original investment. Many derivatives create leverage that can cause the Fund to be more volatile than it would be if it had not used derivatives.

Total return assumes reinvestment of income.

The MSCI All Country World Index, ex-U.S. (net of foreign withholding taxes) is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets, excluding the United States. 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. An individual cannot invest directly in an index.

The performance of the Lipper International Large-Cap Growth 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.

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.