Overview

Portfolio Construction

Historical Returns (%)as of Sep 30, 2017

Annualized
1 Mo. 3 Mos. YTD 1 Yr. 3 Yrs. 5 Yrs. Life of Fund
10/31/2017
Fund at NAV 0.87 2.92 17.46 19.88 8.92
MSCI World Index1 1.89 4.32 18.21 22.77 8.12 11.55 13.95
09/30/2017
Fund at NAV 2.76 5.10 16.45 16.00 8.83
MSCI World Index1 2.24 4.84 16.01 18.17 7.68 10.99 13.47
Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund’s current performance may be lower or higher than quoted. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns for other classes of shares offered by the Fund are different. Performance less than or equal to one year is cumulative. The share class has no sales charge.

Fund Factsas of Oct 31, 2017

Class I Inception 12/17/2015
Investment Objective Long-term capital appreciation
Total Net Assets $4.4M
Minimum Investment $250000
Expense Ratio (Gross)2 4.47%
Expense Ratio (Net)2,3 0.96%
CUSIP 27830N306

Top 10 Holdings (%)4,5as of Sep 30, 2017

Royal Dutch Shell PLC
Alphabet Inc - CL A
Facebook Inc
Wells Fargo & Co
ASML Holding NV
Visa Inc
Assa Abloy AB
Unilever PLC
BNP Paribas SA
Halliburton Co
Total 33.78

Portfolio Management

Christopher M. Dyer, CFA Managed Fund since inception

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk: 

Fund performance is sensitive to stock market volatility. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical or other conditions. In emerging countries, these risks may be more significant. Changes in real estate values or economic downturns can have a significant negative effect on issuers in the real estate industry, including REITs. No fund is a complete investment program and you may lose money investing in a fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Performance

Historical Returns (%)as of Sep 30, 2017

Annualized
1 Mo. 3 Mos. YTD 1 Yr. 3 Yrs. 5 Yrs. Life of Fund
10/31/2017
Fund at NAV 0.87 2.92 17.46 19.88 8.92
MSCI World Index1 1.89 4.32 18.21 22.77 8.12 11.55 13.95
09/30/2017
Fund at NAV 2.76 5.10 16.45 16.00 8.83
MSCI World Index1 2.24 4.84 16.01 18.17 7.68 10.99 13.47
Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund’s current performance may be lower or higher than quoted. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns for other classes of shares offered by the Fund are different. Performance less than or equal to one year is cumulative. The share class has no sales charge.

Calendar Year Returns (%)

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Fund at NAV -0.48
MSCI World Index1 9.04 -40.71 29.99 11.76 -5.54 15.83 26.68 4.94 -0.87 7.51

Fund Facts

Expense Ratio (Gross)2 4.47%
Expense Ratio (Net)2,3 0.96%
Class I Inception 12/17/2015
Distribution Frequency Annually

NAV History

Date NAV NAV Change
Nov 21, 2017 $11.66 $0.08
Nov 20, 2017 $11.58 $0.00
Nov 17, 2017 $11.58 -$0.03
Nov 16, 2017 $11.61 $0.12
Nov 15, 2017 $11.49 -$0.08
Nov 14, 2017 $11.57 $0.00
Nov 13, 2017 $11.57 -$0.02
Nov 10, 2017 $11.59 -$0.03
Nov 09, 2017 $11.62 -$0.03
Nov 08, 2017 $11.65 $0.00

Distribution History6

Ex-Date Distribution Reinvest NAV
Dec 29, 2016 $0.08160 $9.90
No records in this table indicates that there has not been a distribution greater than .0001 within the past 3 years.
Fund prospectus

Capital Gain History6

Ex-Date Short-Term Long-Term Reinvest NAV
No records in this table indicates that there has not been a capital gain greater than .0001 within the past 3 years.
Fund prospectus

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk: 

Fund performance is sensitive to stock market volatility. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical or other conditions. In emerging countries, these risks may be more significant. Changes in real estate values or economic downturns can have a significant negative effect on issuers in the real estate industry, including REITs. No fund is a complete investment program and you may lose money investing in a fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Portfolio

Asset Mix (%)5as of Sep 30, 2017

Foreign Common Stocks 50.39
U.S. Common Stocks 47.93
Cash 1.69
Total 100.00

Portfolio Statisticsas of Sep 30, 2017

Average Market Cap $125.7B
Price/Earnings Ratio 18.62
Number of Holdings 41
Price/Book Ratio 2.63
Countries Represented 13

GICS Sector Breakdown (%)5as of Sep 30, 2017

Sector Fund MSCI World Index1
Consumer Discretionary 10.95 12.11
Consumer Staples 8.07 9.08
Energy 7.17 6.31
Financials 18.11 18.12
Health Care 10.53 12.33
Industrials 12.24 11.53
Information Technology 21.06 16.24
Materials 4.35 5.10
Real Estate 3.32 3.14
Telecom Services 2.92
Utilities 2.53 3.13
Cash 1.69

Assets by Country (%)5as of Sep 30, 2017

United States 47.93
Japan 8.93
Netherlands 7.54
United Kingdom 7.02
Spain 4.71
France 4.58
Denmark 3.62
Sweden 3.12
Belgium 2.69
Ireland 2.47
Total 100.00
View All

Geographic Mix (%)5as of Sep 30, 2017

North America 47.93
Europe 37.90
Asia/Pacific 12.48
Cash & Other Assets 1.69
Total 100.00

Fund Holdings (%)5,7as of Sep 30, 2017

Holding % of Net Assets
Royal Dutch Shell PLC 4.33%
Alphabet Inc - CL A 4.10%
Facebook Inc 3.57%
Wells Fargo & Co 3.54%
ASML Holding NV 3.26%
Visa Inc 3.18%
Assa Abloy AB 3.14%
Unilever PLC 3.13%
BNP Paribas SA 2.89%
Halliburton Co 2.88%
View All

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk: 

Fund performance is sensitive to stock market volatility. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical or other conditions. In emerging countries, these risks may be more significant. Changes in real estate values or economic downturns can have a significant negative effect on issuers in the real estate industry, including REITs. No fund is a complete investment program and you may lose money investing in a fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Insights & Analysis

Commentary

No commentary information is currently available.

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk: 

Fund performance is sensitive to stock market volatility. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical or other conditions. In emerging countries, these risks may be more significant. Changes in real estate values or economic downturns can have a significant negative effect on issuers in the real estate industry, including REITs. No fund is a complete investment program and you may lose money investing in a fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.

Attribution

No attribution information is currently available.

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk: 

Fund performance is sensitive to stock market volatility. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical or other conditions. In emerging countries, these risks may be more significant. Changes in real estate values or economic downturns can have a significant negative effect on issuers in the real estate industry, including REITs. No fund is a complete investment program and you may lose money investing in a fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Management

Biography
Christopher M. Dyer, CFA

Christopher M. Dyer, CFA

Vice President, Director of Global Equity, Eaton Vance Management (International) Limited
Joined Eaton Vance 2015

Christopher Dyer is a vice president of Eaton Vance Management (International) Limited and director of global equity. He is responsible for building and leading a global equity investment team, and managing global and international equity portfolios. He joined Eaton Vance in 2015.

Chris began his career in the financial services industry in 2001. Before joining Eaton Vance, he was managing director and head of European equity for Goldman Sachs Asset Management (GSAM), where he was affiliated since 2001.

Chris earned a B.S., cum laude, from Georgetown University and an MBA from The Wharton School, University of Pennsylvania. He is a CFA charterholder.

Education
  • B.S. Georgetown University
  • M.B.A. The Wharton School, University of Pennsylvania

Experience
  • Managed Fund since inception


Literature

Literature

Fact Sheet

Download - Last updated: Sep 30, 2017

Annual Report

Download - Last updated: Nov 30, 2016

Full Prospectus

Download - Last updated: Apr 1, 2017

Holdings-1st or 3rd fiscal quarters-www.sec.gov

Download

SAI

Download - Last updated: Apr 1, 2017

Semi-Annual Report

Download - Last updated: May 31, 2017

Summary Prospectus

Download - Last updated: Nov 1, 2017

XBRL

Download - Last updated: Apr 7, 2017