Overview

Portfolio Construction

Historical Returns (%)as of Jun 30, 2017

Annualized
1 Mo. 3 Mos. YTD 1 Yr. 3 Yrs. 5 Yrs. Life of Fund
Fund at NAV -0.46 7.08 14.13 15.20 5.74
MSCI EAFE Index1 -0.18 6.12 13.81 20.27 1.15 8.68 10.46
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 Jun 30, 2017

Class I Inception 12/16/2015
Investment Objective Long-term capital appreciation
Total Net Assets $3.8M
Minimum Investment $250000
Expense Ratio (Gross)2 4.67%
Expense Ratio (Net)2,3 1.03%
CUSIP 27830N603

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

Royal Dutch Shell PLC
ASML Holding NV
Nippon Telegraph & Telephone Corp
Mitsubishi UFJ Financial Group Inc
Industria de Diseno Textil SA
Unilever PLC
Commonwealth Bank of Australia
Anheuser-Busch InBev SA/NV
Shire PLC
Reckitt Benckiser Group PLC
Total 38.85

Portfolio Management

Christopher M. Dyer, CFA Managed Fund since inception
Samantha Pandolfi, 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 Jun 30, 2017

Annualized
1 Mo. 3 Mos. YTD 1 Yr. 3 Yrs. 5 Yrs. Life of Fund
Fund at NAV -0.46 7.08 14.13 15.20 5.74
MSCI EAFE Index1 -0.18 6.12 13.81 20.27 1.15 8.68 10.46
Morningstar Foreign Large Growth Category6 0.02 7.98 17.93 17.80 2.58 8.65
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 -4.80
MSCI EAFE Index1 11.17 -43.38 31.78 7.75 -12.14 17.32 22.78 -4.90 -0.81 1.00

Fund Facts

Expense Ratio (Gross)2 4.67%
Expense Ratio (Net)2,3 1.03%
Class I Inception 12/16/2015
Distribution Frequency Annually

NAV History

Date NAV NAV Change
Jul 26, 2017 $11.06 $0.08
Jul 25, 2017 $10.98 $0.03
Jul 24, 2017 $10.95 -$0.06
Jul 21, 2017 $11.01 -$0.03
Jul 20, 2017 $11.04 $0.08
Jul 19, 2017 $10.96 $0.06
Jul 18, 2017 $10.90 $0.02
Jul 17, 2017 $10.88 $0.00
Jul 14, 2017 $10.88 $0.08
Jul 13, 2017 $10.80 $0.04

Distribution History7

Ex-Date Distribution Reinvest NAV
Dec 29, 2016 $0.13790 $9.37
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 History7

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 Jun 30, 2017

Foreign Common Stocks 98.05
Cash 1.95
Total 100.00

Portfolio Statisticsas of Jun 30, 2017

Average Market Cap $79.7B
Price/Earnings Ratio 17.27
Number of Holdings 35
Price/Book Ratio 2.09
Countries Represented 14

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

Sector Fund MSCI EAFE Index1
Consumer Discretionary 11.51 12.07
Consumer Staples 12.79 11.52
Energy 5.52 4.73
Financials 25.22 21.49
Health Care 10.86 10.83
Industrials 16.04 14.54
Information Technology 7.48 6.05
Materials 1.62 7.50
Real Estate 2.86 3.63
Telecom Services 4.16 4.25
Utilities 3.40
Cash 1.95

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

Japan 20.64
United Kingdom 17.91
Netherlands 12.34
France 7.03
Denmark 6.43
Australia 6.02
Switzerland 5.93
Belgium 5.44
Spain 3.82
Ireland 3.42
Total 100.00
View All

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

Europe 67.20
Asia/Pacific 30.85
Cash & Other Assets 1.95
Total 100.00

Fund Holdings (%)5,8as of May 31, 2017

Holding % of Net Assets
Royal Dutch Shell PLC 5.33%
Industria de Diseno Textil SA 4.85%
ASML Holding NV 4.06%
LVMH Moet Hennessy Louis Vuitton SE 3.62%
Shire PLC 3.58%
Keyence Corp 3.55%
Diageo PLC 3.47%
Nippon Telegraph & Telephone Corp 3.34%
Reckitt Benckiser Group PLC 3.28%
Roche Holding AG 3.25%
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

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

Biography
Samantha Pandolfi, CFA

Samantha Pandolfi, CFA

Vice President, Eaton Vance Management (International) Limited
Joined Eaton Vance 2015

Samantha Pandolfi is a vice president of Eaton Vance Management (International) Limited and portfolio manager and research analyst on Eaton Vance's global equity team. She is primarily responsible for covering the health care sector for global large-cap portfolios. She joined Eaton Vance in 2015.

Samantha began her career in the investment management industry in 2000. Before joining Eaton Vance, she was an executive director and European and global health care portfolio manager at Goldman Sachs Asset Management (GSAM) for 15 years. She has also covered apparel/luxury goods, support services, leisure and cosmetics.

Samantha earned her J.D. from Universita' degli Studi La Sapienze and holds an MBA from INSEAD. She is a CFA charterholder.

Education
  • M.B.A. INSEAD
  • J.D. Universita' degli Studi La Sapienze

Experience
  • Managed Fund since inception

Other funds managed
 

Literature

Literature

Fact Sheet

Download - Last updated: Jun 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: Apr 1, 2017

XBRL

Download - Last updated: Apr 7, 2017