Tocqueville International Value  TIVFX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Foreign Small/Mid Value Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
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As of 2009-09-30
Day Change
$ -0.04
  
NAV (2009-11-10)
$ 11.00
  
YTD Return % (2009-11-10)
35.64%
  
Total Assets ($ mil)
137
View Data Definitions
  Performance    
Growth of $10,000 Fund: Tocqueville International Value
(from 1999-01-01 to 2009-10-31) Category: Foreign Small/Mid Value
Index: MSCI EAFE NR USD
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-10
Inception date: 1994-08-01 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-10
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 34.03 60.59 -1.88 5.58 5.63 5.00
+/- Category -4.93 19.82 3.23 -0.05 -1.32 ---
+/- MSCI EAFE NR USD 4.42 7.91 2.87 1.32 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 32.18 12.15 -1.83 6.83 5.84 5.18
Month-End (as of 2009-10-31) 29.22 34.04 -2.93 5.77 5.63 5.00
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 31.85 -4.96 4.02 4.43 ---
On Distribution & Sale of Shares --- 23.01 -2.65 4.82 4.65 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 62 funds), (5 yrs : out of 54 funds), (10 yrs : out of 32 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is 2.00%.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
Information 14.83
Software 0.00
Hardware 0.00
Media 11.08
Telecommunications 3.75
Service 20.96
Healthcare 3.02
Consumer Services 12.20
Business Services 4.69
Financial Services 1.04
Manufacturing 64.21
Consumer Goods 26.42
Industrial Materials 26.28
Energy 8.98
Utilities 2.54
Asset Allocation
% of Net Assets
Cash 0.7
Stocks 95.7
Bonds 0.0
Other 3.6
Foreign Stocks 89.9
(as a % of Assets)
Data through 2009-09-30 Data through 2009-09-30
 
Holding Status
Total Number of Stock Holdings 54 Turnover % 63
Total Number of Bond Holdings 0 30 Day SEC Yield % ---
% of Assets in Top 10 Holdings 28.99 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Sector Country % of Net
Assets
Unilever NV United Kingdom 3.36
DCC PLC Ireland 3.11
Kyoto Kimono Yuzen Co Ltd Japan 3.10
Kloeckner & Co Finance, Luxembourg Cv --- Luxembourg 2.98
Vivendi France 2.93
Sanofi-Aventis France 2.89
Kudelski Switzerland 2.75
Nestle Switzerland 2.69
CIR CIE Industriali Riunite SPA, Torino Italy 2.66
Invensys PLC United Kingdom 2.52
Data through 2009-09-30
  Other Information
Fund Inception: 1994-08-01
Portfolio Manager  (Start Date)
James E. Hunt  (2001-07-01)
Hunt has been director of research and a portfolio manager with Tocqueville Asset Management since 2000, and has been the manager of the International Value Fund since July 2001. Previously, Hunt was president of Hunt Asset Management from 1998 to 2000, executive vice president with Warburg Dillon Reed from 1997 to 1998, vice president and associate with Lehman Brothers from 1989 to 1997 and equity analyst with Delafield Asset Management from 1984 to 1987.
Francois Sicart  (1994-08-03)
Sicart is a portfolio manager with Tocqueville Asset Management. Prior to joining the firm, he spent 17 years with Tucker Anthony Management. He has 29 years of investment experience. Sicart is a member of the New York Society of Security Analysts.
Sales Charge %
(taken from prospectus dated 2009-03-02)
Front: None
Deferred: None
Expense Ratio % 1.56
based on net assets
(taken from annual report dated 2008-10-31)
Correspondence Information

40 West 57th St. 19th FL
New York,  NY  10019
USA
Telephone:
800-697-3863
212-698-0800
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.