International Equity

The Strategy typically invests in a mix of foreign growth stocks.
Cumulative Total Returns

as of 2/28/17

Since Inception 5/13/92
431%
Performance & Distributions
×

International Equity

Gross Expense Ratio:
      1.08%
    Net Expense Ratio:   1.0%

    The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. The Fund's total returns should not be expected to be the same as the returns of other funds, whether or not both funds have the same portfolio managers and/or similar names. The Fund's total returns include reinvested distributions but do not include the charges associated with the separate account products that offer this Fund. Such performance would have been lower if such charges were taken into account.

    Cumulative Returns

    Compare to Indices

    International Growth Fund/VA
    VALUE of $10,000.00

    Calendar Year Returns % (w/o sales charge)
    Data as of 3/24/17
      1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 YTD
    • A
    International Growth Fund/VA 21.8 1.44 10.3 13.26 8.11 19.4 50.37 -9.43 -24.31 -28.51 50.13 17.86 14.06 30.78 12.61 -42.64 39.24 14.76 -7.16 22.22 25.87 -7.22 3.43 -2.12 6.73
    MSCI AC World ex USA -19.73 -14.95 40.83 20.91 16.62 26.65 16.65 -45.53 41.45 11.15 -13.71 16.83 15.29 -3.87 -5.66 4.50
    Capital Gains Distributions ($ per share)
    Data as of 3/27/17
      2012 2013 2014 2015 2016
    Short Term 0.0049
    Long Term 0.0522 0.1666 0.0511
    Total Amount of Distribution 0.0522 0.1715 0.0511
    Record Date 6/16/14 6/15/15 6/20/16
    Ex Div Date 6/17/14 6/16/15 6/21/16
    Pay Date 6/18/14 6/16/15 6/21/16

    There is no guarantee of the payment of any dividend or other distributions at any level.

    The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. The Fund's total returns should not be expected to be the same as the returns of other funds, whether or not both funds have the same portfolio managers and/or similar names. The Fund's total returns include reinvested distributions but do not include the charges associated with the separate account products that offer this Fund. Such performance would have been lower if such charges were taken into account.

    Average Annual Total Returns
    • B

    as of 2/28/17

    as of 12/31/16

    • B
    YTD (as of 3/24/17)
    • A
    6.73%
    1 Year 7.01%
    3 Year -1.36%
    5 Year 5.89%
    10 Year 3.54%
    Since Inception 6.96%
    YTD (as of 3/24/17)
    • A
    6.73%
    1 Year 7.01%
    3 Year -1.36%
    5 Year 5.89%
    10 Year 3.54%
    Since Inception 6.96%
    YTD (as of 3/24/17)
    • A
    6.73%
    1 Year -2.12%
    3 Year -2.06%
    5 Year 7.64%
    10 Year 3.31%
    Since Inception 6.87%
    YTD (as of 3/24/17)
    • A
    6.73%
    1 Year -2.12%
    3 Year -2.06%
    5 Year 7.64%
    10 Year 3.31%
    Since Inception 6.87%
    Gross Expense Ratio
    1.08%
    Net Expense Ratio
    1.00%
    NAV
    • C
    as of 3/24/17
    $2.22

    The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. The Fund's total returns should not be expected to be the same as the returns of other funds, whether or not both funds have the same portfolio managers and/or similar names. The Fund's total returns include reinvested distributions but do not include the charges associated with the separate account products that offer this Fund. Such performance would have been lower if such charges were taken into account.

    Top Issuers

    02/28/17

    Infineon Technologies AG
    2.1%
    SAP SE
    1.9%
    Dollarama, Inc.
    1.8%
    Nippon Telegraph & Telephone
    1.8%
    Valeo SA
    1.8%
    Temenos Group AG
    1.6%
    Carnival Corp.
    1.5%
    Continental AG
    1.5%
    Nidec Corp.
    1.5%
    Keyence Corp.
    1.5%
    Airbus Group SE
    1.4%
    Hero MotoCorp Ltd.
    1.4%
    Lonza Group AG
    1.3%
    SEB S.A.
    1.3%
    Aalberts Industries NV
    1.3%
    Saputo, Inc.
    1.3%
    CSL Limited
    1.3%
    Atlas Copco AB
    1.3%
    Bunzl plc
    1.3%
    CCL Industries, Inc.
    1.2%
    ×
    • 2.1%
      Infineon Technologies AG
    • Engaged in designing, developing, manufacturing, and marketing semiconductors and its related products
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Germany
    EQUITY SECTOR Information Technology
    INDUSTRY Semiconductors & Semiconductor Equipment
    MARKET CAP Large
    ×
    • 1.9%
      SAP SE
    • Provides e-business software solutions
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Germany
    EQUITY SECTOR Information Technology
    INDUSTRY Software
    MARKET CAP Large
    ×
    • 1.8%
      Dollarama, Inc.
    • Offers a broad range of consumer products and general merchandise for everyday use
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Canada
    EQUITY SECTOR Consumer Discretionary
    MARKET CAP Large
    ×
    • 1.8%
      Nippon Telegraph & Telephone
    • Operates as a holding company which interests in wired and wireless telecommunication services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Japan
    EQUITY SECTOR Telecommunication Services
    INDUSTRY Diversified Telecommunication Services
    MARKET CAP Large
    ×
    • 1.8%
      Valeo SA
    • Engages in the designing, production and marketing of automotive equipment
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY France
    EQUITY SECTOR Consumer Discretionary
    INDUSTRY Auto Components
    MARKET CAP Large
    ×
    • 1.6%
      Temenos Group AG
    • Provides banking software systems to retail, corporate, universal, private, Islamic, microfinance and community banks, wealth managers, and financial institutions
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Switzerland
    EQUITY SECTOR Information Technology
    INDUSTRY Software
    MARKET CAP Mid
    ×
    • 1.5%
      Carnival Corp.
    • Operates luxury cruises ships
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    EQUITY SECTOR Consumer Discretionary
    INDUSTRY Hotels Restaurants & Leisure
    MARKET CAP Large
    ×
    • 1.5%
      Continental AG
    • Manufactures motor vehicle accessories and rubber products
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Germany
    EQUITY SECTOR Consumer Discretionary
    INDUSTRY Auto Components
    MARKET CAP Large
    ×
    • 1.5%
      Nidec Corp.
    • Manufactures small-scale spindle motors for hard disk drives and other electronic devices
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Japan
    EQUITY SECTOR Industrials
    INDUSTRY Electrical Equipment
    MARKET CAP Large
    ×
    • 1.5%
      Keyence Corp.
    • Manufactures and sells sensors and measuring instruments
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Japan
    EQUITY SECTOR Information Technology
    MARKET CAP Large
    ×
    • 1.4%
      Airbus Group SE
    • Manufactures aerospace and defense equipment
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY France
    EQUITY SECTOR Industrials
    MARKET CAP Large
    ×
    • 1.4%
      Hero MotoCorp Ltd.
    • Operates as a two wheeler manufacturing company
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY India
    EQUITY SECTOR Consumer Discretionary
    MARKET CAP Large
    ×
    • 1.3%
      Lonza Group AG
    • Engages in the supply of pharmaceutical, healthcare, and life science products
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Switzerland
    EQUITY SECTOR Health Care
    MARKET CAP Large
    ×
    • 1.3%
      SEB S.A.
    • Engages in the manufacturing of small domestic equipment and cookware
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY France
    EQUITY SECTOR Consumer Discretionary
    MARKET CAP Mid
    ×
    • 1.3%
      Aalberts Industries NV
    • Engages in the development of industrial products and systems
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Netherlands
    EQUITY SECTOR Industrials
    INDUSTRY Machinery
    MARKET CAP Mid
    ×
    • 1.3%
      Saputo, Inc.
    • Produces, markets and distributes dairy and grocery products
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Canada
    EQUITY SECTOR Consumer Staples
    INDUSTRY Food Products
    MARKET CAP Large
    ×
    • 1.3%
      CSL Limited
    • Develops and manufactures vaccines and plasma protein biotherapies
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Australia
    EQUITY SECTOR Health Care
    INDUSTRY Biotechnology
    MARKET CAP Large
    ×
    • 1.3%
      Atlas Copco AB
    • Provides industrial productivity solutions
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Sweden
    EQUITY SECTOR Industrials
    INDUSTRY Machinery
    MARKET CAP Large
    ×
    • 1.3%
      Bunzl plc
    • Distributes foodservice, cleaning, personal hygiene and medical supplies and agents
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United Kingdom
    EQUITY SECTOR Industrials
    INDUSTRY Trading Companies & Distributors
    MARKET CAP Large
    ×
    • 1.2%
      CCL Industries, Inc.
    • Provides packaging and labeling services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Canada
    EQUITY SECTOR Materials
    MARKET CAP Large
    Holdings Breakdown

    as of 02/28/17

    18.8%

    United Kingdom

    17.7%

    France

    10.5%

    Switzerland

    8.8%

    Germany

    7.4%

    Japan

    6.0%

    Netherlands

    5.3%

    Canada

    4.7%

    Denmark

    No Issuer Equity
    in
    Denmark
    4.1%

    Australia

    4.0%

    Spain

    No Issuer Equity
    in
    Spain
    2.1%

    Sweden

    2.0%

    India

    1.5%

    United States

    1.0%

    Thailand

    No Issuer Equity
    in
    Thailand
    0.9%

    Finland

    No Issuer Equity
    in
    Finland
    0.8%

    South Africa

    No Issuer Equity
    in
    South Africa
    0.7%

    Belgium

    No Issuer Equity
    in
    Belgium
    Developed Markets
    Emerging Markets
    74.3%

    Europe

    No Issuer Equity
    in
    Europe
    11.4%

    Asia Pacific

    No Issuer Equity
    in
    Asia Pacific
    6.8%

    Americas

    No Issuer Equity
    in
    Americas
    2.9%

    Asia Pacific

    No Issuer Equity
    in
    Asia Pacific
    0.8%

    Africa

    No Issuer Equity
    in
    Africa
    22.1%

    Consumer Discretionary

    20.1%

    Industrials

    14.4%

    Information Technology

    11.9%

    Health Care

    11.7%

    Consumer Staples

    6.0%

    Telecommunication Services

    4.8%

    Materials

    3.6%

    Financials

    No Issuer Equity
    in
    Financials
    1.8%

    Energy

    No Issuer Equity
    in
    Energy
    5.4%

    Textiles Apparel & Luxury Goods

    No Issuer Equity
    in
    Textiles Apparel & Luxury Goods
    5.4%

    Software

    4.9%

    Diversified Telecommunication Services

    4.6%

    Health Care Equipment & Supplies

    No Issuer Equity
    in
    Health Care Equipment & Supplies
    4.3%

    Trading Companies & Distributors

    4.3%

    Auto Components

    4.0%

    Semiconductors & Semiconductor Equipment

    3.9%

    Electrical Equipment

    3.6%

    Machinery

    3.5%

    Hotels Restaurants & Leisure

    3.1%

    Beverages

    No Issuer Equity
    in
    Beverages
    2.9%

    Food Products

    2.8%

    Pharmaceuticals

    No Issuer Equity
    in
    Pharmaceuticals
    2.8%

    Food & Staples Retailing

    No Issuer Equity
    in
    Food & Staples Retailing
    2.6%

    Commercial Services & Supplies

    No Issuer Equity
    in
    Commercial Services & Supplies
    2.6%

    Professional Services

    No Issuer Equity
    in
    Professional Services
    2.6%

    Chemicals

    No Issuer Equity
    in
    Chemicals
    2.4%

    Biotechnology

    2.3%

    Media

    No Issuer Equity
    in
    Media
    2.1%

    Capital Markets

    No Issuer Equity
    in
    Capital Markets
    96.3%

    75.3%

    Large

    21.0%

    Mid

    Morningstar
    • D

    as of 2/28/17

    (based on risk adjusted performance)

    Overall Rating
    Number of Funds 67
    Category Foreign Large Growth
    Risk Measurements

    as of 02/28/17

    Alpha -1.18%
    Beta 0.88
    R-Squared
    82.71
    Sharpe Ratio
    -0.07
    Standard Deviation
    11.82%
    Sortino Ratio
    -0.03
    Information Ratio
    -0.23
    Equity Style
    • E
    Total Assets (all classes)
    as of 2/28/17
    $499.7 MM
    Portfolio Statistics

    as of 2/28/17

    Avg Market Cap (weighted) 28.6 BN
    Median Market Cap (weighted) 14.7 BN
    P/E (next 12 months) 18.34
    P/E Operating (LTM) 22.51
    Price/Book Value (LTM) 3.63
    Turnover Ratio
    15.00%
    Dividends ($ per share)
    • F
    Est Frequency Annual
    Last Pay Date 6/21/16
    Per Share ($) 0.0240
    12-Month Distribution ($) 0.0240
    Distribution Sources
    Net Income 32.50%
    Net Profit from Sale 45.60%
    Other Capital Sources 21.90%
    Top Issuers

    02/28/17

    Infineon Techno...
    2.1%
    SAP SE
    1.9%
    Dollarama, Inc....
    1.8%
    Nippon Telegrap...
    1.8%
    Valeo SA
    1.8%
    Temenos Group A...
    1.6%
    Carnival Corp.
    1.5%
    Continental AG
    1.5%
    Nidec Corp.
    1.5%
    Keyence Corp.
    1.5%
    Airbus Group SE...
    1.4%
    Hero MotoCorp L...
    1.4%
    Lonza Group AG
    1.3%
    SEB S.A.
    1.3%
    Aalberts Indust...
    1.3%
    Saputo, Inc.
    1.3%
    CSL Limited
    1.3%
    Atlas Copco AB ...
    1.3%
    Bunzl plc
    1.3%
    CCL Industries,...
    1.2%
    Holdings Breakdown

    as of 2/28/17

    Reset
    18.8%

    United Kingdom

    17.7%

    France

    10.5%

    Switzerland

    8.8%

    Germany

    7.4%

    Japan

    6.0%

    Netherlands

    5.3%

    Canada

    4.7%

    Denmark

    No Issuer Equity
    in
    Denmark
    4.1%

    Australia

    4.0%

    Spain

    No Issuer Equity
    in
    Spain
    2.1%

    Sweden

    2.0%

    India

    1.5%

    United States

    1.0%

    Thailand

    No Issuer Equity
    in
    Thailand
    0.9%

    Finland

    No Issuer Equity
    in
    Finland
    0.8%

    South Africa

    No Issuer Equity
    in
    South Africa
    0.7%

    Belgium

    No Issuer Equity
    in
    Belgium
    74.3%

    Europe

    No Issuer Equity
    in
    Europe
    11.4%

    Asia Pacific

    No Issuer Equity
    in
    Asia Pacific
    6.8%

    Americas

    No Issuer Equity
    in
    Americas
    2.9%

    Asia Pacific

    No Issuer Equity
    in
    Asia Pacific
    0.8%

    Africa

    No Issuer Equity
    in
    Africa
    22.1%

    Consumer Discretionary

    20.1%

    Industrials

    14.4%

    Information Technology

    11.9%

    Health Care

    11.7%

    Consumer Staples

    6.0%

    Telecommunication Services

    4.8%

    Materials

    3.6%

    Financials

    No Issuer Equity
    in
    Financials
    1.8%

    Energy

    No Issuer Equity
    in
    Energy
    5.4%

    Textiles Apparel & Luxury Goods

    No Issuer Equity
    in
    Textiles Apparel & Luxury Goods
    5.4%

    Software

    4.9%

    Diversified Telecommunication Services

    4.6%

    Health Care Equipment & Supplies

    No Issuer Equity
    in
    Health Care Equipment & Supplies
    4.3%

    Trading Companies & Distributors

    4.3%

    Auto Components

    4.0%

    Semiconductors & Semiconductor Equipment

    3.9%

    Electrical Equipment

    3.6%

    Machinery

    3.5%

    Hotels Restaurants & Leisure

    3.1%

    Beverages

    No Issuer Equity
    in
    Beverages
    2.9%

    Food Products

    2.8%

    Pharmaceuticals

    No Issuer Equity
    in
    Pharmaceuticals
    2.8%

    Food & Staples Retailing

    No Issuer Equity
    in
    Food & Staples Retailing
    2.6%

    Commercial Services & Supplies

    No Issuer Equity
    in
    Commercial Services & Supplies
    2.6%

    Professional Services

    No Issuer Equity
    in
    Professional Services
    2.6%

    Chemicals

    No Issuer Equity
    in
    Chemicals
    2.4%

    Biotechnology

    2.3%

    Media

    No Issuer Equity
    in
    Media
    2.1%

    Capital Markets

    No Issuer Equity
    in
    Capital Markets
    96.3%

    75.3%

    Large

    21.0%

    Mid

    ×
    • 2.1%
      Infineon Technologies AG
    • Engaged in designing, developing, manufacturing, and marketing semiconductors and its related products
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Germany
    EQUITY SECTOR Information Technology
    INDUSTRY Semiconductors & Semiconductor Equipment
    MARKET CAP Large
    ×
    • 1.9%
      SAP SE
    • Provides e-business software solutions
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Germany
    EQUITY SECTOR Information Technology
    INDUSTRY Software
    MARKET CAP Large
    ×
    • 1.8%
      Dollarama, Inc.
    • Offers a broad range of consumer products and general merchandise for everyday use
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Canada
    EQUITY SECTOR Consumer Discretionary
    MARKET CAP Large
    ×
    • 1.8%
      Nippon Telegraph & Telephone
    • Operates as a holding company which interests in wired and wireless telecommunication services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Japan
    EQUITY SECTOR Telecommunication Services
    INDUSTRY Diversified Telecommunication Services
    MARKET CAP Large
    ×
    • 1.8%
      Valeo SA
    • Engages in the designing, production and marketing of automotive equipment
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY France
    EQUITY SECTOR Consumer Discretionary
    INDUSTRY Auto Components
    MARKET CAP Large
    ×
    • 1.6%
      Temenos Group AG
    • Provides banking software systems to retail, corporate, universal, private, Islamic, microfinance and community banks, wealth managers, and financial institutions
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Switzerland
    EQUITY SECTOR Information Technology
    INDUSTRY Software
    MARKET CAP Mid
    ×
    • 1.5%
      Carnival Corp.
    • Operates luxury cruises ships
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    EQUITY SECTOR Consumer Discretionary
    INDUSTRY Hotels Restaurants & Leisure
    MARKET CAP Large
    ×
    • 1.5%
      Continental AG
    • Manufactures motor vehicle accessories and rubber products
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Germany
    EQUITY SECTOR Consumer Discretionary
    INDUSTRY Auto Components
    MARKET CAP Large
    ×
    • 1.5%
      Nidec Corp.
    • Manufactures small-scale spindle motors for hard disk drives and other electronic devices
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Japan
    EQUITY SECTOR Industrials
    INDUSTRY Electrical Equipment
    MARKET CAP Large
    ×
    • 1.5%
      Keyence Corp.
    • Manufactures and sells sensors and measuring instruments
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Japan
    EQUITY SECTOR Information Technology
    MARKET CAP Large
    ×
    • 1.4%
      Airbus Group SE
    • Manufactures aerospace and defense equipment
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY France
    EQUITY SECTOR Industrials
    MARKET CAP Large
    ×
    • 1.4%
      Hero MotoCorp Ltd.
    • Operates as a two wheeler manufacturing company
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY India
    EQUITY SECTOR Consumer Discretionary
    MARKET CAP Large
    ×
    • 1.3%
      Lonza Group AG
    • Engages in the supply of pharmaceutical, healthcare, and life science products
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Switzerland
    EQUITY SECTOR Health Care
    MARKET CAP Large
    ×
    • 1.3%
      SEB S.A.
    • Engages in the manufacturing of small domestic equipment and cookware
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY France
    EQUITY SECTOR Consumer Discretionary
    MARKET CAP Mid
    ×
    • 1.3%
      Aalberts Industries NV
    • Engages in the development of industrial products and systems
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Netherlands
    EQUITY SECTOR Industrials
    INDUSTRY Machinery
    MARKET CAP Mid
    ×
    • 1.3%
      Saputo, Inc.
    • Produces, markets and distributes dairy and grocery products
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Canada
    EQUITY SECTOR Consumer Staples
    INDUSTRY Food Products
    MARKET CAP Large
    ×
    • 1.3%
      CSL Limited
    • Develops and manufactures vaccines and plasma protein biotherapies
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Australia
    EQUITY SECTOR Health Care
    INDUSTRY Biotechnology
    MARKET CAP Large
    ×
    • 1.3%
      Atlas Copco AB
    • Provides industrial productivity solutions
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Sweden
    EQUITY SECTOR Industrials
    INDUSTRY Machinery
    MARKET CAP Large
    ×
    • 1.3%
      Bunzl plc
    • Distributes foodservice, cleaning, personal hygiene and medical supplies and agents
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United Kingdom
    EQUITY SECTOR Industrials
    INDUSTRY Trading Companies & Distributors
    MARKET CAP Large
    ×
    • 1.2%
      CCL Industries, Inc.
    • Provides packaging and labeling services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY Canada
    EQUITY SECTOR Materials
    MARKET CAP Large

    Management

    George R. Evans, CFA

    Managed Fund since 10/99

    Robert Dunphy, CFA

    Managed Fund since 3/12

    Investment Approach

    The portfolio managers invest in well-established foreign businesses that appear likely to grow at a faster pace than world GDP and may benefit from four distinctive global themes that we call MANTRA®: Mass Affluence, New Technology, Restructuring and Aging. Within this framework, the portfolio managers rely on fundamental analysis to search for various types of quality growth companies with sustainable competitive advantages and above industry revenue growth.

    Risk Management

    Our team limits exposure to individual companies, industries and sectors, seeking to limit volatility through company quality and diversification. Risk Management Overview

    We conduct rigorous fundamental research to identify individual companies with asymmetrical risk/return opportunities. Risk Management Overview

    At the portfolio level, our experienced investment personnel closely monitor the strategy's positioning, and the active risk resulting from our security selection process and sector allocations. We evaluate factor and style exposure, as well as the ownership and liquidity profile of each security in the portfolio. Risk Management Overview

    Our team proactively manages risk by constructing diversified portfolios across sectors, industry groups and securities. We manage, monitor and limit sector weights relative to specified benchmarks and security position sizes within each portfolio. Risk Management Overview

    Our team closely monitors position size and sector weights; we have limits on active security weights against the benchmark for each strategy we manage. Risk Management Overview

    Risk is managed at the portfolio, strategy and security levels to identify diversified sources of alpha. We mainly focus on currency, interest rates and credit. Positions are sized and monitored according to established limits. Risk Management Overview

    We focus primarily on senior loans in an effort to maintain product integrity and limit duration risk. Risk Management Overview

    The team manages risk at both a strategy and individual security level to help ensure that, when combined, they act as the ballast in an investor’s overall portfolio. Risk Management Overview

    Risk is managed at the portfolio, strategy and security levels to identify diversified sources of alpha. We seek to identify primary and secondary risks of each investment. Diversification of sectors can potentially reduce volatility. Risk Management Overview

    The team manages risk by administering duration limits, limiting portfolio weighted average maturity and conducting thorough credit analysis on individual securities. Risk Management Overview

    The Rochester team has created diverse portfolios designed to mitigate the types of risks that municipal bond investors may encounter. Risk Management Overview

    The Commodities team manages risk on multiple levels, including individual commodity sector levels and overall fund level. Risk Management Overview

    The Real Estate team monitors and manages risk at the security, sector and strategy levels. Risk Management Overview

    The Global Multi-Asset Group monitors and manages risk on an ongoing basis, both at the asset class and portfolio levels. Risk Management Overview

    We emphasize capital preservation by avoiding companies that may cut distributions. We seek to build diversified portfolios comprised of energy and energy related companies with attractive risk-adjusted total return potential. Risk Management Overview

    The Alternative Strategies team evaluates risk on multiple levels, applying numerous risk analysis methods on an ongoing basis in addition to assessing risk impacts of a position prior to making investment decisions. Risk Management Overview

    Risk is monitored by quantitative risk system and managed at many levels – stock, sector, country, and style factors. We seek to diversify the portfolio across the global listed infrastructure market and adhere to an established risk framework, including constraints imposed by position limits versus a benchmark. Risk Management Overview

    We monitor and manage both security and sector weights to the underlying index to ensure that the portfolio is properly tracking its benchmark. Also, partnering with well-known index providers ensures that we hold only high quality securities that pass very stringent profitability and liquidity screens. Risk Management Overview

    ×
    1. 1. Special Risks Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes, regulatory and geopolitical risks. Emerging and developing market investments may be especially volatile. Eurozone investments may be subject to volatility and liquidity issues. Investments in securities of growth companies may be volatile. Mid-sized company stock is typically more volatile than that of larger company stock. It may take a substantial period of time to realize a gain on an investment in a mid-sized company, if any gain is realized at all. Diversification does not guarantee profit or protect against loss.

    2. 2. The net expense ratio (where applicable) also takes into account contractual fee waivers and/or expense reimbursements without which performance would have been less. These undertakings may not be amended or withdrawn for one year from the date of the current prospectus, unless approved by the Board.
    3. 3. Access index definitions.
    4. 4. Holdings are subject to change, and are dollar weighted based on total net assets. Negative weightings may result from the use of leverage. Leverage involves the use of various financial instruments or borrowed capital in an attempt to increase investment return. Leverage risks include potential for higher volatility, greater decline of the fund's net asset value and fluctuations of dividends and distributions paid by the fund.
    5. A. "Year to Date" returns are cumulative, not annualized, and do not reflect sales charges (if sales charges are applicable to the Fund). These returns would be lower if sales charges were taken into consideration. Short-term returns may not be indicative of longer-term performance, which should also be considered when making investment decisions.
    6. B. The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. The Fund's total returns should not be expected to be the same as the returns of other funds, whether or not both funds have the same portfolio managers and/or similar names. The Fund's total returns include reinvested distributions but do not include the charges associated with the separate account products that offer this Fund. Such performance would have been lower if such charges were taken into account.
    7. C. Daily net asset value and dollar change of the fund is as of the previous business day's closing. Fund net asset values are updated at approximately 7 p.m. ET daily.
    8. D. Non-Service Shares rated 4 stars overall by Morningstar among  67  Foreign Large Growth funds for the 3-, 5-, and 10 year period ended 2/28/17 based on risk-adjusted performance.
    9. E. OppenheimerFunds' equity style box is based on the portfolio's overall targeted capitalization range and relative valuation as determined by OFI.
    10. F. There is no guarantee of the payment of any dividend or other distributions at any level.
    ×
    Loading...
    Tiny Button Small Button Large Button Default Button Secondary Button Framed Button Framed Button ( Small Caps )