PERFORMANCE Average Annual Returns (%) for Period Ended 3/31/2014
  QTR YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS SINCE
INCEPTION
INCEPTION
DATE
A Shares (NAV) -0.87 -0.87 15.94 6.16 13.37 3.20 4.06 7/2/1992
MSCI EAFE Investable Market Index 1.10 1.10 18.73 7.96 17.18 7.28 n/a  
Lipper International Multi-Cap Growth Funds Average -0.15 -0.15 14.78 5.70 15.88 6.22 6.51  
Characteristics
  March 31, 2014
  Portfolio Benchmark
Number of Holdings N/A 3,068
W. Avg Cap. (mils) $49,614.7 $48,081.4
W. Median Cap (mils) $29,721.0 $24,729.3
P/E 1-year trailing 17.3 15.3
P/E 1-year forward 15.1 14.4
EPS Growth, past 3 years 11.0% 8.7%
EPS Growth, next 3 - 5 years 12.1% 11.7%
Price to Book 2.1 1.6
Price to Sales 1.3 1.0
Dividend Yield 2.4% 3.0%
Active Share 73.2% N/A
December 31, 2013
Portfolio Benchmark
N/A 3,083
$48,413.1 $49,502.7
$26,707.1 $25,710.3
18.9 15.9
16.6 15.2
14.5% 10.4%
13.0% 11.9%
2.2 1.7
1.4 0.9
2.3% 2.9%
74.7% N/A
December 31, 2012
Portfolio Benchmark
N/A 3,086
$37,250.1 $42,029.3
$18,952.8 $21,742.2
15.3 13.1
14.2 12.9
23.7% 25.6%
12.3% 10.2%
1.9 1.4
1.2 0.8
2.6% 3.4%
76.3% N/A
Returns Based Statistics (3 Year)
  March 31, 2014
  Portfolio Benchmark
Average Annual Return 6.16% 7.96%
Standard Deviation 15.86% 16.68%
Beta vs. Market 0.93 1.00
Excess Return -1.80% 0.00%
R-Squared 96.51% 100.00%
Tracking Error 3.16% 0.00%
Information Ratio -0.57 0.00
Sharpe Ratio 0.39 0.47
December 31, 2013
Portfolio Benchmark
7.41% 8.78%
15.32% 16.37%
0.92 1.00
-1.37% 0.00%
96.75% 100.00%
3.05% 0.00%
-0.45 0.00
0.48 0.53
December 31, 2012
Portfolio Benchmark
2.32% 4.43%
18.39% 19.57%
0.93 1.00
-2.11% 0.00%
97.58% 100.00%
3.19% 0.00%
-0.66 0.00
0.12 0.22
Regions
  March 31, 2014
  Portfolio Benchmark + / -
Africa 1.60% 0.00% 1.60%
Asia 0.00% 0.15% -0.15%
Central Asia 0.56% 0.00% 0.56%
Eastern Europe 0.64% 0.01% 0.63%
Middle East 0.93% 0.60% 0.33%
North America 5.81% 0.19% 5.62%
Pacific Rim 23.95% 32.54% -8.59%
South America 0.62% 0.00% 0.61%
Western Europe 65.88% 66.50% -0.62%
  December 31, 2013
  Portfolio Benchmark + / -
Africa 1.20% 0.00% 1.20%
Eastern Europe 1.48% 0.00% 1.48%
Middle East 0.62% 0.53% 0.09%
North America 11.06% 0.21% 10.86%
Pacific Rim 22.09% 33.68% -11.59%
South America 1.45% 0.00% 1.45%
Western Europe 62.09% 65.58% -3.49%
  December 31, 2012
  Portfolio Benchmark + / -
Africa 1.49% 0.00% 1.49%
Eastern Europe 0.68% 0.01% 0.67%
Middle East 1.65% 0.61% 1.05%
North America 11.25% 0.14% 11.11%
Pacific Rim 23.77% 34.97% -11.20%
South America 2.59% 0.00% 2.59%
Western Europe 58.57% 64.27% -5.70%
Countries
  March 31, 2014
  Portfolio Benchmark + / -
Argentina 0.16% 0.00% 0.16%
Australia 3.66% 7.67% -4.01%
Austria 0.74% 0.35% 0.38%
Belgium 0.36% 1.18% -0.82%
Bermuda 0.01% 0.16% -0.15%
Brazil 0.46% 0.00% 0.46%
Canada 2.67% 0.01% 2.66%
China 0.00% 0.07% -0.07%
Cyprus 0.64% 0.01% 0.63%
Denmark 1.12% 1.50% -0.39%
Faroe Islands 0.00% 0.00% -0.00%
Finland 0.60% 1.00% -0.40%
France 11.25% 9.06% 2.19%
Germany 6.11% 8.97% -2.86%
Gibraltar 0.00% 0.01% -0.01%
Hong Kong 2.93% 2.60% 0.33%
India 0.56% 0.00% 0.56%
Indonesia 0.00% 0.00% -0.00%
Ireland 2.12% 0.84% 1.29%
Israel 0.93% 0.59% 0.34%
Italy 1.58% 2.73% -1.15%
Japan 15.08% 20.42% -5.34%
Luxembourg 0.00% 0.39% -0.39%
Macau 0.00% 0.15% -0.15%
Malta 0.00% 0.01% -0.01%
Mauritius 0.00% 0.00% -0.00%
Mexico 0.00% 0.02% -0.02%
Netherlands 4.78% 4.57% 0.21%
New Zealand 0.07% 0.24% -0.17%
Norway 2.37% 0.83% 1.54%
Peru 0.00% 0.00% -0.00%
Philippines 0.60% 0.00% 0.60%
Portugal 0.04% 0.25% -0.20%
Singapore 0.20% 1.53% -1.33%
South Africa 1.60% 0.00% 1.60%
Spain 3.62% 3.38% 0.24%
Sweden 2.61% 3.35% -0.74%
Switzerland 9.69% 9.25% 0.44%
Taiwan 1.40% 0.00% 1.40%
United Arab Emirates 0.00% 0.01% -0.01%
United Kingdom 18.90% 18.83% 0.07%
United States 3.13% 0.01% 3.12%
  December 31, 2013
  Portfolio Benchmark + / -
Argentina 0.44% 0.00% 0.44%
Australia 2.10% 7.35% -5.24%
Austria 0.52% 0.33% 0.19%
Belgium 0.49% 1.21% -0.72%
Bermuda 0.01% 0.08% -0.07%
Brazil 1.01% 0.00% 1.01%
Canada 3.15% 0.00% 3.15%
China 0.00% 0.04% -0.04%
Denmark 1.34% 1.32% 0.02%
Faroe Islands 0.00% 0.00% -0.00%
Finland 0.71% 0.99% -0.27%
France 10.33% 8.77% 1.56%
Germany 5.32% 8.98% -3.65%
Hong Kong 3.36% 2.88% 0.48%
Indonesia 0.00% 0.01% -0.01%
Ireland 0.65% 0.43% 0.22%
Israel 0.62% 0.52% 0.10%
Italy 1.17% 2.29% -1.12%
Japan 14.29% 21.63% -7.34%
Luxembourg 0.00% 0.34% -0.34%
Mexico 0.00% 0.02% -0.02%
Netherlands 4.21% 3.02% 1.19%
New Zealand 0.04% 0.23% -0.19%
Norway 2.30% 0.96% 1.34%
Philippines 0.42% 0.00% 0.42%
Portugal 0.03% 0.21% -0.18%
Russia 1.48% 0.00% 1.48%
Singapore 0.15% 1.54% -1.40%
South Africa 1.20% 0.00% 1.20%
Spain 3.60% 3.18% 0.42%
Sweden 3.55% 3.28% 0.27%
Switzerland 9.13% 8.21% 0.92%
Taiwan 1.48% 0.01% 1.48%
Thailand 0.24% 0.00% 0.24%
United Arab Emirates 0.00% 0.01% -0.01%
United Kingdom 18.74% 22.05% -3.31%
United States 7.90% 0.12% 7.79%
  December 31, 2012
  Portfolio Benchmark + / -
Argentina 0.44% 0.00% 0.44%
Australia 1.59% 8.93% -7.34%
Austria 0.03% 0.38% -0.35%
Belgium 0.03% 1.19% -1.16%
Bermuda 0.00% 0.08% -0.08%
Brazil 2.15% 0.00% 2.15%
Bv Islands 0.00% 0.01% -0.01%
Canada 4.95% 0.00% 4.95%
China 0.39% 0.06% 0.33%
Cyprus 0.00% 0.01% -0.01%
Denmark 1.52% 1.22% 0.30%
Finland 0.05% 0.88% -0.83%
France 9.67% 8.53% 1.14%
Germany 10.71% 8.42% 2.29%
Greece 0.03% 0.15% -0.12%
Hong Kong 4.73% 3.12% 1.61%
Indonesia 0.47% 0.01% 0.46%
Ireland 0.67% 0.40% 0.26%
Israel 1.65% 0.60% 1.05%
Italy 0.66% 2.27% -1.62%
Japan 13.95% 20.74% -6.79%
Luxembourg 0.00% 0.34% -0.34%
Mexico 0.57% 0.04% 0.53%
Netherlands 2.05% 2.66% -0.61%
New Zealand 0.00% 0.20% -0.20%
Norway 2.13% 1.08% 1.05%
Philippines 0.58% 0.00% 0.58%
Portugal 0.05% 0.20% -0.16%
Russia 0.68% 0.00% 0.68%
Singapore 0.78% 1.93% -1.15%
South Africa 1.49% 0.00% 1.49%
Spain 0.33% 2.83% -2.50%
Sweden 3.12% 3.14% -0.02%
Switzerland 7.53% 8.12% -0.59%
Taiwan 0.71% 0.00% 0.71%
Thailand 0.58% 0.00% 0.58%
United Arab Emirates 0.00% 0.00% -0.00%
United Kingdom 20.00% 22.44% -2.44%
United States 5.73% 0.00% 5.73%

Investment in mutual funds involves risk, including possible loss of principal invested. You could lose money on your investment in the Fund or the Fund could underperform because of the following risks: the market prices of stocks held by the Fund may fall; individual investments of the Fund may not perform as expected; the Fund's portfolio management practices may not achieve the desired result; and/or the Advisor's allocation of Fund assets between the portions of the portfolio managed by the Advisor and each Sub-advisor may cause the Fund to underperform. Investing in foreign securities involves additional risks relating to political, social, and economic developments abroad; differences between the regulations that apply to U.S. and foreign issuers and markets; the potential for foreign markets to be less liquid and more volatile than U.S. markets; and currency risk associated with securities that trade or are denominated in currencies other than the U.S. dollar. In addition, the risks of investing in emerging market securities are greater than those of investing in securities of developed foreign countries.

G200ATT FOR INSTITUTIONAL INVESTOR AND BROKER/DEALER USE ONLY. NOT FOR PUBLIC DISTRIBUTION.