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International Equity Fund – Share Class A
All information on this page is as of 05-22-2013 unless otherwise noted.
Ticker WFEAX
CUSIP 949915177
NAV $11.48
$ Change $-0.08
% Change -0.69%
YTD Return 12.77%
Inception Date 09-06-1979
Net Fund Assets as of 04-30-2013$257,900,875.28
Fund Notes
  • Read the fund's Quarterly Update (pdf)  
  • Class B shares are closed to new investors and additional investments from existing shareholders.  

   
 
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Net Asset Value (NAV) as of 05-22-2013 – Share Class A
NAV $11.48
$ Change $-0.08
% Change -0.69%
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 3.60% 7.37% 13.78% 5.65% -2.91% 7.61% 7.91%
POP as of 04-30-2013 -2.32% 1.20% 7.26% 3.58% -4.05% 6.98% 7.72%
POP as of 03-31-2013 -3.52% -3.52% -0.59% 1.68% -4.44% 7.25% 7.59%

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
1.10%
 
Gross Expense Ratio 1.54%

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 1.09%. 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 Foreign Large Blend
Overall (out of 707 funds)
3-Year (out of 707 funds)
5-Year (out of 600 funds)
10-Year (out of 321 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 International Multi-Cap Core Funds
1 - Year 235 out of 319
3 - Year 187 out of 270
5 - Year 187 out of 239
10 - Year 57 out of 94

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 International Multi-Cap Core Funds Average 4.12% 8.23% 16.47% 6.67% -1.07% 8.40%
MSCI ACWI ex-US Index 2.78% 6.96% 14.15% 5.98% -0.84% 10.32%
Calendar Year Returns1 – Share Class A
Calendar Year Return

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

 

1 The inception date of Class A was 1-20-98, Class B shares was 9-6-79 and Class C shares was 3-6-98. Historical performance shown for Class A prior to its inception is based on the performance of Class B, the original class offered, and has not been adjusted to reflect the lower expenses applicable to Class A. If these returns had been adjusted, returns would be higher. Historical performance shown for Class C prior to its inception is based on the performance of Class B, the original class offered. Classes B and C have the same expenses. Historical performance shown for all classes of the Fund prior to 7-19-10 is based on the performance of the fund's predecessor, Evergreen International Equity Fund.

2 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), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each 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. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

3 The Lipper International Multi-Cap Core Funds Average is an average of funds that invest in a variety of market capitalization ranges without concentrating 75% of their equity assets in any one market capitalization range over an extended period of time. Multi-cap funds typically have 25% to 75% of their assets invested in companies strictly outside of the U.S. with market capitalizations (on a three-year weighted basis) greater than the 250th-largest company in the S&P/Citigroup World ex-U.S. Broad Market Index. Multi-cap core funds typically have an average price-to-cash flow ratio, price-to-book ratio, and three-year sales-per-share growth value compared to the S&P/Citigroup World ex-U.S. BMI. 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 World (ACWI) ex USA Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets. 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.


 

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