Announcements and Press Releases

International investing involves certain risks and increased volatility not associated with investing solely in the US. These risks include currency fluctuations, economic or financial instability, lack of timely or reliable financial information or unfavorable political or legal developments. The Funds may invest in securities issued by smaller companies, which typically involves greater risk than investing in larger companies. Also, the Funds may invest in limited geographic areas and/or sectors which may result in greater market volatility. In addition, some of the Funds are non-diversified meaning they may invest a smaller number of issuers. As such, investing in these Funds may involve greater risk and volatility than investing in more diversified funds.

The Worldwide Income Fund invests in high yield, lower rated (junk) bonds which involve a greater degree of risk than investment grade bonds in return for higher yield potential. As such, securities rated below investment grade generally entail greater credit, market, issuer and liquidity risk than investment grade securities. Moreover, the Fund is subject to interest rate risk which is the risk that debt securities in the Fund's portfolio will decline in value because of increases in market interest rates.

Concentration in the technology field will subject the Global Technology Fund to the risks associated with investing directly in that field (e.g. regulatory or technological change), which may significantly impact the Global Technology Fund’s performance.

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