The performance data presented represents past performance and is no guarantee of future results. Total returns include reinvestment of dividends and distributions. Current performance may be lower or higher than the performance data presented. Performance data current to the most recent month end is available on theproduct detail page for each Fund. Fund share prices and returns will fluctuate with market conditions. The value of an investment in the Fund, when redeemed, may be worth more or less than its original purchase cost. Calculations include reinvestment of all distributions. Returns for periods less than one year are cumulative. Performance would have been lower if fees had not been waived in various periods.
Net and Gross Expense Ratio
For MWATX the total gross expense ratio is 2.02%, and the net expense ratio is 0.90%. Expenses reflect a contractual agreement by the Adviser to reduce its fees and/or absorb certain expenses including distribution expenses to limit the Fund’s total annual operating expenses to 0.90% and limit “Other Expenses” to 0.20% of the Fund’s average daily net assets, assuming the maximum management fee. “Other Expenses” does not include interest, taxes, brokerage commissions, short sale dividend expenses, acquired fund fees and expenses (“AFFE”), and any expenses incurred in connection with any merger or reorganization or extraordinary expenses such as litigation. The contractual agreement will remain in place until July 31, 2013, unless terminated earlier by the Board of Trustees. For more information about fees and expenses, please read the prospectus.
About the Index or Indices
S&P 500 Index- A capitalization-weighted indexof 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries.
The index listed is not available
for direct investment; therefore its
performance does not reflect a reduction
for fees or expenses incurred in managing
a portfolio. The securities in the
index may be substantially different
from those in the Fund.
A Word About Risk
Fixed income investments entail interest rate risk, the risk of issuer default, issuer credit risk, and price volatility risk. Funds investing in bonds can lose their value as interest rates rise and an investor can lose principal.
Obtain a Prospectus
You should consider the investment objectives, risks, charges, and expenses of the Fund carefully before investing. Click here to obtain a prospectus which contains this and other information on the Fund. Please read the prospectus carefully before you invest or send money.
The MetWest Funds are distributed
by Foreside Distributors, LLC, which
is not affiliated with TCW. The MetWest
Funds are advised by Metropolitan West
Asset Management, LLC, which is a wholly-owned
subsidiary of The TCW Group, Inc.