Federal Reserve (“Fed”) response, dollar strength, China policy cycle and geopolitical tensions – it is enough to engender caution, but markets are forward-looking creatures, and it really is time to plan for when things actually go right, in our view. Looking at the long list of worries – such as the global inflation/U.S. Caps exclude acquired fund fees and expenses, interest, trading, dividends, interest payments of securities sold short, taxes and extraordinary expenses. Expenses are capped contractually until 05/01/23 at 1.60% for Class A. Performance information current to the most recent month end is available by calling 800.826.2333 or by visiting .Įxpenses: Class A: Gross 1.45% Net 1.45%. Index returns assume that dividends of the Index constituents in the Index have been reinvested. Fund returns assume that dividends and capital gains distributions have been reinvested in the Fund at net asset value (NAV). Investment returns and Fund shares values will fluctuate so that investor’s shares, when redeemed, mat be worth more or less than their original cost. Had the Fund incurred all expenses and fees, investment returns would have been reduced. Returns reflect applicable fee waivers and/or expense reimbursements. The table presents past performance which is no guarantee of future results and which may be lower or higher than current performance.
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