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Asia Pacific Fund – Share Class A
All information on this page is as of 05-20-2013 unless otherwise noted.
Ticker WFAAX
CUSIP 949921886
NAV $12.26
$ Change $0.12
% Change 0.99%
YTD Return 16.21%
Inception Date 12-31-1993
Net Fund Assets as of 04-30-2013$204,372,091.03
Fund Notes

   
 
Morningstar® Style Box
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Select a Share Class  
Net Asset Value (NAV) as of 05-20-2013 – Share Class A
NAV $12.26
$ Change $0.12
% Change 0.99%
Cumulative & Annualized Total Returns 1 – Share Class A
   Annualized Total Returns 
Performance Type   Last 3 Months   Year To Date   1-Year   3-Year   5-Year   10-Year   Since Inception
NAV as of 04-30-2013 7.14% 11.00% 20.44% 10.04% 0.14% 14.08% 4.77%
POP as of 04-30-2013 0.95% 4.65% 13.56% 7.89% -1.04% 13.42% 4.44%
POP as of 03-31-2013 -0.09% -0.09% 9.55% 5.98% -1.37% 13.09% 4.21%

Figures quoted represent past performance, which is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Performance shown without sales charges would be lower if sales charges were reflected. Current performance may be lower or higher than the performance data quoted and assumes the reinvestment of dividends and capital gains.

Public offering price (POP) is the price of one share of a fund including any sales charges. Net asset value (NAV) is the value of one share of the fund excluding any sales charges. Had sales charges been included, performance would be lower. Returns for periods of less than one year are not annualized.

For Class A shares, the maximum front-end sales charge is 5.75%. Performance including sales charge assumes the sales charge for the corresponding time period.


Expenses – Share Class A
Net Expense Ratio
effective since 03-01-2013
1.62%
 
Gross Expense Ratio 1.74%

The advisor has committed, through 2-28-14, to waive fees and/or reimburse expenses to the extent necessary to cap the fund's total annual fund operating expenses after fee waiver, excluding certain expenses, at 1.60%. Without this cap, the fund's returns would have been lower.


Commissions & Breakpoints  (Excludes no-load share classes.) Click here to view
Morningstar Rating 2 – Share Class A   Lipper Total Return Rankings – Share Class A
Based on risk-adjusted returns as of 04-30-2013
Category Diversified Pacific/Asia
Overall (out of 38 funds)
3-Year (out of 38 funds)
5-Year (out of 31 funds)
10-Year (out of 18 funds)

The Overall Morningstar Rating for a fund is derived from a weighted-average of the performance figures associated with its three-, five- and ten-year (if applicable) ratings.

 
as of 04-30-2013
Category Lipper Pacific Region Funds
1 - Year 30 out of 50
3 - Year 6 out of 34
5 - Year 22 out of 34

Lipper rankings do not include the effects of sales charges. Past performance is no guarantee of future results.


Benchmark Returns3,4 as of 04-30-2013
   Average Annual Total Returns 
Performance Type   Last 3 Months   Year To Date      1-Year         3-Year         5-Year         10-Year   
Lipper Pacific Region Funds Average 8.85% 12.23% 21.25% 7.90% 1.82% 11.77%
MSCI All Countries Asia Pacific Index 7.40% 10.65% 16.45% 6.83% 1.40% 11.39%
Calendar Year Returns1 – Share Class A
Calendar Year Return

Does not include sales charges, and assumes reinvestment of dividends and capital gains.

 

1 Class A shares incepted on 7-31-07. Performance shown prior to the inception of Class A reflects the performance of the Investor Class shares and includes expenses that are not applicable to and higher than those of Class A shares. Performance shown prior to inception also reflects Class A sales charges, as applicable.

2 Please note, Morningstar provides an extended performance rating for some mutual funds in its universe. Share classes that don’t have a 1, 3-, 5-, or 10-year performance history may receive a hypothetical Morningstar Rating based on the oldest surviving share class of the fund. Morningstar computes the funds’ new return stream by appending an adjusted return history of the oldest share class and the extended performance rating is determined by comparing the adjusted-historical returns to the current open-end mutual fund universe. For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance (including the effects of sales charges, loads, and redemption fees, unless otherwise indicated), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive five stars, the next 22.5% receive four stars, the next 35% receive three stars, the next 22.5% receive two stars, and the bottom 10% receive one star. (Each share class is counted as a fraction of one fund within this scale and is rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

3 The Lipper Pacific Region Funds Average is an average of funds that concentrates its investments in equity securities with primary trading markets or operations concentrated in the Western Pacific Basin region or a single country within this region. The total return of the Lipper Average does not include the effect of sales charges. You cannot invest directly in a Lipper Average.

4 The Morgan Stanley Capital International All Country Asia Pacific ("MSCI AC ASIA PACIFIC") Stock Index is a total return, capitalization-weighted index that measures the performance of stock markets in 15 Pacific region countries, including Australia, China, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, New Zealand, Pakistan, the Philippines, Singapore, Sri Lanka, Taiwan, and Thailand. You cannot invest directly in an index.
Source: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, reviewed or produced by MSCI.


 

Not FDIC Insured • No Bank Guarantee • May Lose Value