![]() ![]() ![]() In general, equities securities’ values also fluctuate in response to activities specific to a company. Please be aware that this fund may be subject to certain additional risks. Accordingly, you can lose money investing in this fund. It is difficult to predict the timing, duration, and potential adverse effects (e.g. natural disasters, health crises, terrorism, conflicts and social unrest) that affect markets, countries, companies or governments. Market values can change daily due to economic and other events (e.g. Funds are subject to market risk, which is the possibility that the market values of securities owned by the fund will decline and that the value of fund shares may therefore be less than what you paid for them. TThere is no assurance that a mutual fund will achieve its investment objective. Turnover is sourced from the fund's current prospectus. Weighted Average Market Capitalization is an average of the market capitalization of stocks comprising a portfolio or index, adjusted by each stock’s weight in the portfolio or index. Price/earnings (NTM) This forward P/E ratio estimates a company's likely earnings per share for the next 12 months. The common share market price is the price the market is willing to pay for shares of the fund at a given time. The Net Asset Value (NAV) per share is determined by dividing the value of the fund's portfolio securities, cash and other assets, less all liabilities, by the total number of common shares outstanding. Active Share calculation may consolidate holdings with the same economic exposure. A portfolio with a high degree of Active Share does not assure a fund’s relative outperformance. To that end, investors should seek independent legal and financial advice, including advice as to tax consequences, before making any investment decision.Īctive Share is the fraction of the portfolio or fund that is invested differently than its benchmark as of the last day of the reporting period. The information herein has not been based on a consideration of any individual investor circumstances and is not investment advice, nor should it be construed in any way as tax, accounting, legal or regulatory advice. This material is a general communication, which is not impartial and all information provided has been prepared solely for informational and educational purposes and does not constitute an offer or a recommendation to buy or sell any particular security or to adopt any specific investment strategy. Investors should also be aware that these returns were primarily achieved during favorable market conditions. Please keep in mind that double-digit returns are highly unusual and cannot be sustained. Performance of other share classes will vary. Returns are net of fees and assume the reinvestment of all dividends and income. Returns for less than one year are cumulative (not annualized). Fund information, Portfolio Composition and Characteristics are provided for informational purposes only, and should not be deemed as a recommendation to buy or sell any security or securities in the region presented. Results are hypothetical.įorecasts/estimates are based on current market conditions, subject to change, and may not necessarily come to pass. Performance would have been lower if sales charges had been included. ![]() Growth of Investment illustration is based on an initial investment of $10,000 made since fund inception, assumes reinvestment of dividends and capital gains and application of fees, but does not include sales charges. Expenses are based on the fund's current prospectus. The minimum initial investment is $1,000,000 for Class I shares.Ĭlass R6 shares, are being offered only to eligible investors who must meet a minimum initial investment of $5,000,000 or be a defined contribution, defined benefit or other employer sponsored employee benefit plan, whether or not qualified under the Internal Revenue Code of 1986, as amended (the "Code"), in each case subject to the discretion of the Portfolio's investment advisor. These waivers and/or reimbursements will continue for at least one year from the date of the applicable fund’s current prospectus (unless otherwise noted in the applicable prospectus) or until such time as the fund's Board of Directors /Trustees acts to discontinue all or a portion of such waivers and/or reimbursements. Where the net expense ratio is lower than the gross expense ratio, certain fees have been waived and/or expenses reimbursed. Class C shares include deferred sales charge of 1.00% which declines to zero after first year.
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