Long-term growth of capital.
The Fund normally pursues its objective by investing primarily in the equity securities of emerging market companies. The Fund defines “emerging market companies” as companies domiciled in emerging market countries or companies that derive a majority of their revenue from emerging market countries. Under normal circumstances, the Fund invests at least 80% of its assets in equity securities of companies either located in emerging market countries or whose businesses have a significant presence in emerging market countries. Emerging market countries include those currently considered to be developing by the World Bank, the International Finance Corporation, the United Nations, or the countries’ authorities, or countries included in the MSCI Emerging Markets Index or MSCI Frontier Markets Index. These countries typically are located in the Asia-Pacific region, Eastern Europe, the Middle East, Central and South America, and Africa.
The Fund may be suitable for aggressive investors hoping to achieve long-term growth with the potential for an above-average return while assuming the additional risks of foreign investments as well as short-term volatility.
|Date of Inception:||10/15/2012|
|Lead Portfolio Manager:||Mark G. Weber, CFA|
|Co-Portfolio Manager:||Eric D. Chenoweth, CFA|
The Scout Emerging Markets Fund's gross and net expense ratios, as of the most recent Prospectus, were 3.00% and 1.40%, respectively.
The Advisor has agreed to waive fees/ certain fund expenses through Oct. 31, 2013, and may recoup previously waived expenses that it assumed during the previous three year period. Please see the prospectus for more information.