Performance quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate, so shares, when redeemed, may be worth more or less than their original cost. Performance during periods of exceptional market conditions should not be expected to be repeated in a normal market environment. Current performance may be lower or higher than that cited.
Class A performance quoted "with maximum sales load" reflects the current maximum sales charge of 5.75%. The sales load on Class C shares is deferred and will be charged if you redeem shares within one year of purchase. The contingent deferred sales load is 1.00% of the purchase or sale price of the shares, whichever is less. Please read the prospectus carefully for more information on sales charges as they do not apply in all cases and if applied are reduced for larger purchases. Any sales charges are in addition to the Fund's fees and expenses as detailed in the Fund's most current prospectus. The performance quoted at NAV or "without sales load" does not reflect any sales charge. If a sales charge were included, the performance stated above would be lower.
Total return figures reflect an expense limitation in effect during the periods shown; without such limitation, the performance shown would have been lower. Performance results assume the reinvestment of dividends and capital gains.
The Adviser has contractually agreed to waive a portion of its management fee and/or reimburse certain expenses through at least February 28, 2021. The Adviser is permitted to recoup fees waived/expenses reimbursed for up to 3 years after the fiscal year in which the waiver/reimbursement took place, subject to certain limitations. Please read the prospectus for details.
Class I and R shares of the Fund are only available to investors that meet certain eligibility requirements.
Returns are average annual total returns, except those for periods of less than one year, which are cumulative.
MSCI ACWI Index: An equity index which captures large and mid cap representation across 24 Developed Markets (DM) and 21 Emerging Markets (EM) countries. With 2,424 constituents, the index covers approximately 85% of the global investable equity opportunity set.
Custom Allocation: 60% of the MSCI All Country World Index and 40% of the Barclays U.S. Aggregate Bond Index.
An investor should consider the fund’s investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the fund can be found in the fund’s prospectus, or, if applicable, the summary prospectus. To obtain a copy, visit the prospectus page. Read the prospectus carefully before investing.
All investing involves risk, including potential loss of principal. There is no guarantee that the Fund will achieve its objective. The Fund is subject to the risks of the funds in which it invests. International investing involves special risks, which include changes in currency rates, foreign taxation, differences in auditing standards and securities regulations, political uncertainty, and greater volatility. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Investments in small and mid-size companies can involve risks such as less publicly available information, higher volatility, and less liquidity than larger companies. Fixed income funds are subject to interest-rate risk (bond values typically decline when interest rates rise) and credit risk (the possibility that the bond issuer will not be able to make principal and interest payments). Diversification does not protect against market risk.
Risk Measures Defined:
Source: Zephyr StyleADVISOR. The Fund’s primary benchmark is the MSCI ACWI. however; statistics are relative to the Fund’s secondary benchmark, Custom Allocation: 60% MSCI ACWI - 40% Bloomberg Barclays Capital U.S. Aggregate.
With Net Dividends: Net total return indices reinvest dividends after the deduction of withholding taxes, using a tax rate applicable to nonresident institutional investors who do not benefit from double taxation treaties.
Victory Capital Management Inc. (VCM) is regulated by the Securities and Exchange Commission (SEC) under U.S. laws, which differ from Australian laws. VCM is exempt from the requirement to hold an Australian financial services license under the Corporations Act 2001 (Cth) in respect of the financial services it provides to wholesale clients in Australia.
Ratings reflect fee waivers in effect; in their absence, ratings may have been lower.
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The Funds are distributed by Victory Capital Services, Inc. ("VCS"), member FINRA. Find out more about the background of this firm on FINRA's BrokerCheck.
Victory Capital Management Inc., an affiliate of VCS, is the investment adviser to the Funds and receives a fee from the Funds for its services. Not FDIC insured • No bank guarantee • May lose value
The information on this website is intended for U.S. residents only. The information provided does not constitute a solicitation of an offer to buy, or an offer to sell securities in any jurisdiction to any person to whom it is not lawful to make such an offer. Victory Capital will not accept subscriptions from any investor who is not a U.S. resident and who approaches Victory Capital as a result of having visited this website.
Not a Deposit / Not FDIC or NCUA Insured / May Lose Value / No Bank or Credit Union Guarantee