Global Leaders Fund

As of 31.10.2018

Standardized Returns

  Month YTD 1 Yr. 3 Yrs. 5 Yrs. 10 Yrs. Life of Fund
Global Leaders Fund -10.77% -1.69% 2.28% 8.50% -- -- 7.00%
MSCI All Country World IMI Index (net) - USD -7.82% -4.42% -0.95% 7.78% -- -- 5.71%

Calendar Year Total Returns

  2017 2016 2015 2014†
Global Leaders Fund 30.54% 0.87% 2.93% 3.80%
MSCI All Country World IMI Index (net) - USD 23.95% 8.36% -2.19% 3.94%
† Since Fund’s inception on 1/15/14 through 12/31/14.

Performance cited represents past performance. Past performance does not guarantee future results and current performance may be lower or higher than the data quoted. Returns shown are average annual total returns, which assume reinvestment of dividends and capital gains. Investment returns and principal will fluctuate with market and economic conditions and you may have a gain or loss when you sell shares.

International investing involves special risk considerations, including currency fluctuations, lower liquidity, economic and political risk. Investing in emerging markets can increase these risks. Investing in smaller companies involves special risks, including higher volatility and lower liquidity.

The Morgan Stanley Capital International (MSCI) All Country World IMI Index (net) is a free-float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets. This series approximates the minimum possible dividend reinvestment.