The investment seeks long-term growth of capital and income.
Principal Investment Strategies†
The fund normally invests at least 65% of its net assets (plus borrowings made for investment purposes) in common stocks and other equity securities (such as preferred stocks, convertible securities and warrants) of non-U.S. companies with market capitalizations greater than $1 billion. It normally invests significantly in securities that the portfolio managers expect will generate income (for example, by paying dividends).
Principal Investment Risks
There is no guarantee that the Fund will achieve its investment objective. You may lose money by investing in the Fund. Please see the Fund’s prospectus or other disclosure documents for information about the Fund’s risks.
Performance & Expenses
|Fund/Benchmark Name||Qtr||YTD||1-Yr||3-Yr||5-Yr||10-Yr||Since Inception|
|AllianzGI NFJ Intl Value Admina||7.05%||7.05%||3.40%||-6.55%||-0.59%||N/A||1.65%|
|MSCI ACWI ex USA Index (Net)a,b||7.86%||7.86%||13.13%||0.56%||4.36%||1.35%||N/A|
|Morningstar Foreign Large Valuea,c||7.00%||7.00%||12.41%||-0.58%||4.68%||0.10%||N/A|
Fund past performance, as shown, is no guarantee of how the Fund will perform in the future. The performance shown has been annualized for periods greater than one year. Investment returns and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. For current performance, visit www.icmarc.org.
Fund performance is shown comparing it to a "benchmark" which may be a (i) broad-based securities market index (ii) a group of mutual funds with similar investment objectives, or (iii) a short term government backed debt obligation such as a U.S. Treasury Bill. An index is not available for direct investment, is unmanaged, and does not reflect the costs of portfolio management or trading. A fund's portfolio may differ from the securities held in an index.
|Total annual fund operating expensesa||1.23%|
|Fee waiver and/or expense reimbursement||0.07%|
A contractual expense waiver exists for this fund and will expire on 10-31-2017.
a. Certain information including, but not limited to, benchmark performance or other performance and/or fee information, is provided by Morningstar, Inc., © 2017 All rights reserved. This information: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar and/or its content providers are responsible for any damages or losses arising from any use of information. Morningstar is a registered trademark of Morningstar, Inc.
b. The MSCI All Country World ex USA Index (Net) is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of large and mid cap segments of developed and emerging markets, excluding the U.S. The net version of this index reinvests dividends after the deduction of withholding taxes, using a tax rate applicable to non-resident institutional investors who do not benefit from double taxation treaties.
c. The Fund’s Morningstar Category Average is a group of funds with similar investment objectives and strategies and is the equal–weighted return of all funds per category. Morningstar places funds in certain categories based on a fund’s historical portfolio holdings.
|Record Date||Ex/Payable Date||Income/Capital Gains Paid Per Share|
|Mar 16, 2017||Mar 16, 2017||$0.036800000|
|Dec 22, 2016||Dec 22, 2016||$0.108540000|
|Sep 22, 2016||Sep 22, 2016||$0.156490000|
|Jun 16, 2016||Jun 16, 2016||$0.192720000|
|Mar 17, 2016||Mar 17, 2016||$0.005960000|
|Dec 17, 2015||Dec 17, 2015||$0.092300000|
|Sep 17, 2015||Sep 17, 2015||$0.241190000|
|Jun 18, 2015||Jun 18, 2015||$0.195820000|
|Mar 19, 2015||Mar 19, 2015||$0.056020000|
|Dec 18, 2014||Dec 18, 2014||$0.069580000|
|Sep 18, 2014||Sep 18, 2014||$0.286230000|
|Jun 19, 2014||Jun 19, 2014||$0.175990000|
|Dec 19, 2013||Dec 19, 2013||$0.120690000|
|Sep 19, 2013||Sep 19, 2013||$0.104370000|
|Jun 20, 2013||Jun 20, 2013||$0.179850000|
|Mar 21, 2013||Mar 21, 2013||$0.008850000|
The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange–traded funds, closed–end funds, and separate accounts) with at least a three–year history. Exchange–traded funds and open–ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk–Adjusted Return measure that accounts for variation in a managed product′s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three–, five–, and 10–year (if applicable) Morningstar Rating metrics. The weights are: 100% three–year rating for 36–59 months of total returns, 60% five–year rating⁄40% three–year rating for 60–119 months of total returns, and 50% 10–year rating⁄30% five–year rating⁄20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.
|Type of Asset||Percent|
Due to rounding, percentages shown may not add up to 100%.
Due to rounding, percentages shown may not add up to 100%.
Exposure reflects equity securities only and will sum to the equity exposure of the fund.
|PJSC Lukoil ADR||3.0%|
|Korea Electric Power Corp ADR||2.7%|
|Sasol Ltd ADR||2.5%|
|BOC Hong Kong Holdings Ltd||2.2%|
|West Japan Railway Co||2.2%|
|BB Seguridade Participacoes SA ADR||2.1%|
|Cie Generale des Etablissements Michelin SA||2.1%|
|T&D Holdings Inc||2.1%|
Please read the fund's prospectus carefully for a complete summary of all fees, expenses, investment objectives and strategies, risks, financial highlights, and performance information. Investing involves risk, including possible loss of the amount invested. Investors should carefully consider the information contained in the prospectus before investing. You may contact us to obtain a prospectus or to answer questions by calling 800-669-7400, emailing email@example.com, or visiting www.icmarc.org.
The source for this information is Morningstar, Inc. Copyright © 2017 Morningstar, Inc.® All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar, Inc. is a global investment research firm that is not affiliated with ICMA-RC. ICMA-RC does not independently verify Morningstar data.
Morningstar places funds in certain categories based on the fund's historical portfolio holdings. Placement of a fund in a particular Morningstar category does not mean that the fund will remain in that category or that it will invest primarily in securities consistent with its Morningstar category. A fund's investment strategy and portfolio holdings are governed by its prospectus, guidelines or other governing documents, not its Morningstar category.