Third Millennium Russia C  TMRCX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Europe Stock Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Large
   Growth
  
  
As of 2009-08-31
Day Change
$ -0.07
  
NAV (2009-11-20)
$ 17.83
  
YTD Return % (2009-11-20)
109.52%
  
Total Assets ($ mil)
66
View Data Definitions
  Performance    
Growth of $10,000 Fund: Third Millennium Russia C
(from 2003-12-03 to 2009-10-31) Category: Europe Stock
Index: MSCI EAFE NR USD
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 2003-12-03 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-20
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 109.52 116.67 -9.02 5.49 --- 8.94
+/- Category 69.54 84.61 -3.16 -0.55 --- ---
+/- MSCI EAFE NR USD 79.91 63.99 -4.27 1.23 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 86.84 -13.35 -11.00 4.25 --- 8.11
Month-End (as of 2009-10-31) 96.82 37.74 -10.15 4.30 --- 8.94
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 28.26 -13.52 1.11 --- ---
On Distribution & Sale of Shares --- 27.10 -8.61 3.36 --- ---
Morningstar Rating --- --- --- ---
# of compared funds covered (3 yrs : out of 100 funds), (5 yrs : out of 94 funds), (10 yrs : out of 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 none.
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 12.40
Software 1.07
Hardware 0.00
Media 0.00
Telecommunications 11.34
Service 25.29
Healthcare 0.00
Consumer Services 15.81
Business Services 0.00
Financial Services 9.48
Manufacturing 62.31
Consumer Goods 0.00
Industrial Materials 23.26
Energy 35.99
Utilities 3.06
Asset Allocation
% of Net Assets
Cash 0.0
Stocks 86.3
Bonds 9.7
Other 4.0
Foreign Stocks 81.7
(as a % of Assets)
Data through 2009-08-31 Data through 2009-08-31
 
Holding Status
Total Number of Stock Holdings 33 Turnover % 48
Total Number of Bond Holdings 5 30 Day SEC Yield % ---
% of Assets in Top 10 Holdings 47.49 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Sector Country % of Net
Assets
X5 Retail Grp NV (EDR) Russia 5.90
NK Rosneft' OAO Russia 5.55
Lukoil Company ADR Russia 5.30
OJSC Magnit Russia 5.30
Novatek Jt Stk 144A Russia 4.68
Mobile TeleSystems ADR Russia 4.66
Sberbank Rossii OAO Russia 4.30
OAO Tatneft GDR Russia 4.12
JSC Uralkali GDR Russia 4.11
TNK-BP Holding OAO Russia 3.57
Data through 2009-08-31
  Other Information
Fund Inception: 2003-12-03
Portfolio Manager  (Start Date)
John Connor  (1998-10-01)
Connor is portfolio manager of the fund, and he is also a vice president of the company. He has been involved in several businesses in Russia, including an insurance company and an affiliated financial company since 1993. Connor previously chaired the pension committee of a NYSE-listed company and authored the lead article in an American Bar Association journal on "Russia's Securities Markets" (Fall 1996).
Sales Charge %
(taken from prospectus dated 2009-08-31)
Front: None
Deferred: None
Expense Ratio % 3.50
based on net assets
(taken from annual report dated 2008-08-31)
Correspondence Information
8730 Stony Point Parkway
Suite 205
Richmond,  VA  23235
Telephone:
800-628-4077
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.