Hypothetical Growth of $10,000 9/30/2019
Past performance is no guarantee of future results. To view public offering price and other performance/price information please click here. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than that shown here. Return periods greater than one year reflect annualized performance.
Class C shares of the Fund were initially offered from 9/30/05 (inception) to 6/04/12, after which class C shares were terminated. The Fund re-commenced offering class C shares of the Fund on 10/03/16. Performance shown between 9/30/05 - 6/04/12 represents the C-share performance net of the original fund fees 1.95%. Performance shown between 6/05/12 - 3/31/15 represents I-share performance adjusted to reflect the original net fees of 1.95%. Performance between 4/1/15 - 10/02/16 reflect expense caps that were lowered across share all classes, and represents I-share performance adjusted to reflect the reduced C-share expense cap of 1.85%. Performance after 10/02/16 represents C-share performance net of current fund expenses.
A contingent deferred sales charge of 1.00% is charged if Class C Shares are redeemed within 12 months of the date of purchase.
Investments in small-capitalization companies present greater risk of loss than investments in large companies. Investments in value companies can continue to be undervalued for long periods of time and be more volatile than the stock market in general. Investments in growth companies can be more sensitive to the company's earnings and more volatile than the stock market in general. To the extent that the Fund invests a significant portion of its assets in a particular industry, the fund's performance could depend heavily on the performance of that industry and may be more volatile than less concentrated funds. The portfolio team may choose to invest in initial public offerings (IPOs), the performance of which is unpredictable and the effect of which may not be duplicated during periods in which the Fund does not invest in IPOs.
For Benchmark information click here