Annual Operating Expenses - Class A
(as of the fiscal year end)

Management Fee 0.75%
Distribution and Service (12b-1) Fee 0.35%
Other Expenses 0.53%
Total Annual Fund Operating Expenses 1.63%
Expense Reimbursement /Fee Reduction --
Net Annual Fund Operating Expenses 1.63%

 

Annual Operating Expenses - Class C
(as of the fiscal year end)

Management Fee 0.75%
Distribution and Service (12b-1) Fee 1.00%
Other Expenses 1.54%
Total Annual Fund Operating Expenses 3.29%
Expense Reimbursement /Fee Reduction 0.92%
Net Annual Fund Operating Expenses 2.37%

 

Annual Operating Expenses - Class W
(as of the fiscal year end)

Management Fee 0.75%
Distribution and Service (12b-1) Fee NONE
Other Expenses 2.95%
Total Annual Fund Operating Expenses 3.70%
Expense Reimbursement /Fee Reduction 2.18%
Net Annual Fund Operating Expenses 1.52%

 

Summary information only. Please see the Fund's prospectus for a more detailed explanation of the fees and expenses.

The Fund employs a Disciplined Strategy and will not deviate from its strategy (except to the extent necessary to comply with federal tax laws or other applicable laws). Because the Fund will not use certain techniques available to other mutual funds to reduce stock market exposure (e.g., derivatives), the Fund may be more susceptible to general market declines than other mutual funds.