vemax fact sheet

The Lipper ranking is based on historical total returns. Cash and equivalents includes short-term securities, accrued income and other assets less liabilities. By receiving this communication you agree with the intended purpose described above. (updated monthly), Percentage of net assets as of 9/30/2020 Morningstar rankings may have been lower if waivers did not apply or if sales charges were included. Fund as of 9/30/20. Investing outside the United States involves risks, such as currency fluctuations, periods of illiquidity and price volatility. A fund that is concentrated will have a small ownership zone relative to the area of the style box, and broadly diversified fund will have an ownership zone that stretches across many sizes and style. Figures shown are past results and are not predictive of results in future periods. Performance would have been lower if waivers did not apply or if sales charges were included. Capture Ratio Downside: Ratio of a fund/model’s return during periods when the index was down, divided by the return of the index during those periods. The share prices of all of our equity funds and funds of funds decrease when a dividend is paid. Please review its terms, privacy and security policies to see how they apply to you. A fund's active share can change significantly over time, thus measuring a single point in time may not be reflective of longer periods. This and other important information is contained in the fund. Given the increasing interdependence among global economies and markets, conditions in one country, market, or region are increasingly likely to adversely affect markets, issuers, and/or foreign exchange rates in other countries. See the Fund's prospectus for securities in which the Fund would typically invest. The distribution rate is expressed as a percentage of the current price. The information in the table above will not be updated to reflect any subsequent recharacterization of dividends and distributions. American Funds Distributors, Inc., member FINRA. 4 out of 5 Stars. For each fund with at least a three-year history, Morningstar calculates a Morningstar RatingTM 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. Lipper Category as of 10/31/20 (updated quarterly). We will not sell or rent your e-mail address to any third-party entity. Prices and returns will vary, so investors may lose money. J.P. Morgan Asset Management is the brand name for the asset management business of JPMorgan Chase & Co. and its affiliates worldwide. The highest 20% of funds in each classification are named Lipper Leaders for Total Return, the next 20% receive a rating of 4, the middle 20% are rated 3, the next 20% are rated 2, and the lowest 20% are rated 1. For example, an up-capture ratio greater than 100 indicates the fund/model produced a higher return than the index during periods when the index was up. Holdings information is made available to the public 30 calendar days after the most recent quarter-end. document.getElementById("overlayModalCloseText").focus(); (updated quarterly), % 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. Investors cannot invest directly in an index. Yield as of 10/31/20 (updated monthly). }, 10); DE WHY EEM? Due to differing calculation methods, the figures shown here may differ from those calculated by Capital Group. The beta of the market (represented by the benchmark index) is equal to 1; a beta higher than 1 implies that a return was more volatile than the market. (view definition), Lipper Emerging Markets Funds Average Prior to making any investment or financial decisions, an investor should seek individualized advice from personal financial, legal, tax and other professionals that take into account all of the particular facts and circumstances of an investor's own situation. The amounts and sources of distributions reported above and in each Notice are only estimates and are not provided for tax reporting purposes. Valuation Price-to-Earnings Ratio: Price-to-earnings (P/E) ratio takes the current price of a stock divided by its earnings per share. Why we need your e-mail address: This is a precautionary measure we are taking to ensure that we can notify you in the unlikely event that a correction is needed for the data you are downloading. Morningstar load-waived ratings do not take into account Class A sales charges. The result is a diversified portfolio based on the collection of managers' individual investment decisions. Active Share: Click on the Read important investment disclosures link above for more information about Active Share. A portfolio's Ownership Zone™ is derived by plotting each stock in the fund's portfolio within the proprietary Morningstar Style Box™. The table below describes the fees and expenses that you may pay if you buy and hold shares of the Fund. There may have been periods when the results lagged the index(es). The shaded area represents the center 75% of the fund's assets, and it provides an intuitive visual representation of the area of the market in which the fund invests. Lipper rankings are not intended to predict future results, and Lipper does not guarantee the accuracy of this information. Data presented in Excel .xls format. 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. The Morningstar Ratings are based on the share classes of each underlying fund held by the series; other underlying fund share classes may have different performance characteristics. Active Share is determined by (1) differences in stock weightings between the fund and the fund's primary benchmark shown in the prospectus (2) inclusion of stocks outside of the benchmark, and (3) exclusion of stocks in the benchmark. Portfolio holdings are as of the date noted below and are subject to change at any time.