The bar chart and table below provide an indication of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year for Institutional Class shares and by showing how the average annual total returns of Institutional Class shares of the Fund compare with the average annual total returns of a the MSCI Emerging Markets Index, a broad-based market index, and the MSCI Emerging Markets SMID Cap Index. Performance for classes other than those shown may vary from the performance shown to the extent the expenses for those classes differ. Prior to March 1, 2024, the Fund was named the Vaughan Nelson Emerging Markets Opportunities Fund and invested primarily in equity securities of small- to mid-capitalization emerging market companies. Updated performance information is available at the Fund’s website, https://www.im.natixis.com/us/vaughan-nelson-funds. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Effective October 1, 2019, Vaughan Nelson Investment Management, L.P. became investment advisor to the Fund. The performance shown for periods prior to October 1, 2019, is that of the Fund’s previous advisor, Advisory Research, Inc.
|
Institutional Shares |
||
|
Highest Calendar Quarter Return at NAV |
23.08% |
Quarter Ended 06/30/2020 |
|
Lowest Calendar Quarter Return at NAV |
(30.82)% |
Quarter Ended 03/31/2020 |
|
Average
Annual Total Returns
|
One
|
Five |
Ten |
|
Institutional Class Shares – Return Before Taxes |
45.54% |
9.86% |
7.88% |
|
Institutional Class Shares – Return After Taxes on Distributions** |
42.33% |
9.35% |
7.38% |
|
Institutional Class Shares – Return After Taxes on Distributions and Sale of Fund Shares** |
29.47% |
7.95% |
6.42% |
|
Investor Class Shares – Return Before Taxes* |
45.10% |
9.58% |
7.61% |
|
MSCI
Emerging Markets Index |
33.57% |
4.20% |
8.42% |
|
MSCI
Emerging Markets SMID Cap Index |
24.86% |
7.30% |
7.91% |
* Investor Class shares were first offered on December 2, 2019. The performance figures for Investor Class shares include the performance for the Institutional Class shares for the period prior to December 2, 2019, adjusted for Investor Class shares’ expenses, which are higher than the expenses of Institutional Class shares.
** After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
The bar chart and table below provide an indication of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year for Institutional Class shares and by showing how the average annual total returns of the Fund compare with the average annual total returns of the MSCI All Country World Index ex-USA, a broad-based securities market index, and the MSCI EAFE Small Cap Index. Prior to March 1, 2024, the Fund was named the Vaughan Nelson International Small Cap Fund and invested primarily in ex-U.S. international equity securities of small capitalization companies. Updated performance information is available at the Fund’s website, https://www.im.natixis.com/us/vaughan-nelson-funds. The Fund’s past performance, before and after taxes, is not necessarily an indication of how the Fund will perform in the future. Effective October 1, 2019, Vaughan Nelson Investment Management, L.P. became investment advisor to the Fund. The performance shown for periods prior to October 1, 2019, is that of the Fund’s previous advisor, Advisory Research, Inc.
|
Institutional Class |
||
|
Highest Calendar Quarter Return at NAV |
23.49% |
Quarter Ended 06/30/2025 |
|
Lowest Calendar Quarter Return at NAV |
(25.31)% |
Quarter Ended 03/31/2020 |
|
Average
Annual Total Returns |
One
|
Five
|
Ten
|
|
Institutional Class Shares – Return Before Taxes |
49.90% |
6.02% |
8.35% |
|
Institutional Class Shares – Return After Taxes on Distributions** |
49.80% |
5.80% |
8.05% |
|
Institutional Class Shares – Return After Taxes on Distributions and Sale of Fund Shares** |
29.96% |
4.74% |
6.86% |
|
Investor Class Shares – Return Before Taxes* |
49.52% |
5.75% |
8.08% |
|
MSCI
All-Country World Index ex-USA |
32.38% |
7.91% |
8.41% |
|
MSCI
EAFE Small Cap Index |
31.83% |
5.62% |
7.49% |
* Effective February 10, 2020, the Fund converted its existing Advisor Class shares to Institutional Class shares and the Advisor Class was then terminated. The Advisor Class shares (which were previously designated as Investor Class shares) were first offered on March 31, 2010. Institutional Class shares (which were previously designated as Class I shares) were first offered on December 31, 2013. Investor Class shares were first offered on December 2, 2019. The performance figures for Investor Class shares include the performance for the Institutional Class shares for the period prior to December 2, 2019, adjusted for Investor Class shares’ expenses, which are higher than the expenses of Institutional Class shares.
** After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.