The Fund seeks to achieve its objective by investing primarily in equity securities of smaller companies of Asia- Pacific (excluding Japan) issuers. The Fund's investment team employs a fundamental, bottom-up equity investment style, which is characterized by intensive, first-hand research and disciplined company evaluation.

Holdings

TOP HOLDINGS (all classes) as of 04/30/2013
View detailed list of holdings

Holding	Percent
ASM International	2.83%
Millennium & Copthorne Hotels	2.79%
Aeon co (M) Berhad	2.72%
Bukit Sembawang	2.32%
BS Financial Group	2.31%
Shinsegae	2.27%
DGB Financial Group	2.27%
Dah Sing Financial Holdings	1.93%
Venture Corp	1.91%
Oriental Holdings	1.87%

Risk Considerations

Foreign securities are more volatile, harder to price and less liquid than U.S. securities. They are subject to different accounting and regulatory standards, and political and economic risks.

These risks are enhanced in emerging markets countries. Equity stocks of small-cap companies carry greater risk, and more volatility than equity stocks of larger, more established companies.

Concentrating investments in the Asia-Pacific region subjects the Fund to more volatility and greater risk of loss than geographically diverse funds.

Please read the prospectus for more detailed information regarding these risks.

Key Facts

Class A Inception Date

Jun 28, 2011

Ticker

Class A	APCAX
Class C	APCCX
Institutional	APCIX
Inst. Svc.	APCSX

CUSIP

Class A	003021474
Class C	003021466
Institutional	003021441
Inst. Svc.	003021433

Redemption Fee

2.00% applied within 90 Days

Minimum Initial Investment

$1,000 Classes A, C
$1,000 IRA: Classes A, C
$1,000,000 Institutional
$1,000,000 Institutional Service

Total Net Assets (all classes)

as of April 30, 2013

$49.3 million