Returns for periods less than one year are not annualized.
Past performance is no guarantee of future results. Performance figures are stated in U.S. dollars and assume dividends were reinvested for the entire period. Net performance is calculated after deducting a fee that represents the highest fee charged to any account in the composite. Gross performance does not reflect the deduction of management fees. Performance results of clients would be reduced by the firm’s management fees. For example, an account with a compounded annual total return of 10% would have increased by 159% over 10 years. Assuming an annual management fee of 0.75%, this increase would be 142%.
There is no guarantee the portfolio will meet its investment objectives. All investments involve risk, including the possible loss of principal. Foreign investments present additional risks due to currency fluctuations, economic and political factors, lower liquidity, government regulations, differences in securities regulations and accounting standards, possible changes in taxation, limited public information and other factors. The risks are magnified in countries with emerging markets, because these countries may have relatively unstable governments and less established markets and economies.
The Scout International Equity ADR Composite includes portfolios that invest in companies with market capitalizations, at the time of purchase, similar to companies in the MSCI EAFE Index. The MSCI EAFE Index is an arithmetic, market value-weighted average of more than 900 securities listed on the stock exchanges of countries in Europe, Australasia and the Far East. The MSCI EAFE Index is an unmanaged index of stocks, bonds or mutual funds. The Index does not reflect management fees or transaction costs. It is not possible to invest directly in an unmanaged index.
The eVestment EAFE Large Cap Core Equity Universe consists of EAFE Equity (Non-U.S.) products that invest primarily in large capitalization stocks with fundamental characteristics between growth and value or products that invest in a relatively even mix
of growth and value stocks/sectors. The expected benchmarks for this universe would include the MSCI EAFE (ND), MSCI EAFE Growth (ND) or MSCI All Country World ex-U.S. Managers in this category will typically indicate a “Primary Capitalization Emphasis” equal to Large Cap and a “Primary Style Emphasis” equal to Core.
The firm is defined as Scout Investments, Inc., a wholly owned subsidiary of Carillon Tower Advisers, Inc. Scout Investments claims compliance with the Global Investment Performance Standards (GIPS®). Click here to obtain a copy of the compliant GIPS presentation.