Effective August 15, 2013 the Fund’s name was changed to World Equity Income Fund from MSCI EAFE Equal Weight Fund and certain changes were made to the Fund’s investment objective, principal investment strategies and portfolio management team. The Fund also changed its benchmark to MSCI World Index. Between May 2, 2011 and August 15, 2013 the Fund tracked the performance of the MSCI EAFE Equal Weight Index. Prior to May 2, 2011 the Fund’s name was Global Fund and the fund sought a global strategy.

Performance displayed represents past performance which is no guarantee of future results. Investment returns and principal value will fluctuate so that when shares are redeemed, they may be worth more or less than original cost. Current performance may be lower or higher than the performance data quoted. Returns for performance under one year are cumulative, not annualized. Load performance reflects maximum sales charges or contingent deferred sales charges (CDSC) as applicable. Class A-shares have a maximum sales charge of 4.75%. Effective 2/22/2011, the A-Class maximum front-end sales charge was changed from 5.75% to 4.75%. For performance periods that begin prior to 2/22/2011, a 5.75% load was used and for performance periods that begin after 2/22/2011, a 4.75% load was used. Class B-shares have a maximum CDSC of 5% for redemptions during the first year, decreasing to 0% for redemptions in the sixth and following years. Class B shares are no longer available for purchase. Class C-shares have a maximum CDSC of 1% for shares redeemed within 12 months of purchase.

^†The annualized rate an investor would receive if the most recent fund distribution stayed the same going forward. This rate does not represent the total return of a fund.

^‡SEC 30-day yield is based on net investment income for the most recent 30-day period, is annualized and is divided by the offering price at month-end.

Data is subject to change on a daily basis. Partial year returns are cumulative, not annualized. Returns reflect the reinvestment of dividends.

This Fund may not be suitable for all investors. • Investments in securities in general are subject to market risks that may cause their prices to fluctuate over time. • The Fund’s investments in foreign securities carry additional risks when compared to U.S. securities, due to the impact of diplomatic, political or economic developments in the country in question (investments in emerging markets are generally subject to an even greater level of risks). Additionally, the Fund’s exposure to foreign currencies subjects the Fund to the risk that those currencies will decline in value relative to the U.S. Dollar. • The Fund’s investments in derivatives may pose risks in addition to those associated with investing directly in securities or other investments, including illiquidity of the derivatives, imperfect correlations with underlying investments or the Fund’s other portfolio holdings, lack of availability and counterparty risk. • The Fund’s use of leverage, through instruments such as derivatives, may cause the Fund to be more volatile than if it had not been leveraged. • The Fund’s investments in other investment vehicles subject the Fund to those risks and expenses affecting the investment vehicle. • The Fund may have significant exposure to securities in a particular capitalization range e.g., large-, mid- or small-cap securities. As a result, the Fund may be subject to the risk that the pre-denominate capitalization range may underperform other segments of the equity market or the equity market as a whole. • See the prospectus for more information on these and other risks.

The Advisor has contractually agreed to waive fees and expenses through February 1, 2022 to limit the ordinary operating expenses of the Fund. The Fund may have net expenses greater than the expense cap as a result of any acquired fund fees and expenses or other expenses that are excluded from the calculation. Total annual operating expenses vary by share class. See the prospectus for information on the fees and expenses that apply to each share class.