Important Performance and Expense Information
Investors should consider the investment goals, risks, fees and expenses of the Fund carefully before investing. The prospectus contains this and other important information about the Fund. To obtain a free prospectus, please visit www.royceinvest.com. Investors should read the prospectus carefully before investing.
Past performance is no guarantee of future results. The Fund is actively managed with a long-term absolute return perspective. Holdings, country weightings, and sector weightings are subject to change. Source: Royce Investment Partners, based in part on data provided by FactSet. These figures are for analytical purposes only. This information should not be construed as investment advice or recommendations with respect to the countries listed. Country weightings may not be representative of the portfolio managers’ current or future investments and are subject to change at any time. The sum of all contributions to and detractions from performance for all securities would equal the Fund’s gross or net cumulative total return for the one-year period ended 9/30/24.
Notes, Performance and Risk Disclosure
This material is not authorized for distribution unless preceded or accompanied by a current prospectus. Please read the prospectus carefully before investing or sending money. All performance and risk information presented in this material reflects Service Class results. Shares of RIP’s Service Class bear an annual distribution expense that is not borne by the Investment Class. Past performance is not indicative of future results. The Fund invests primarily in small-cap stocks, which may involve considerably more risk than investing in larger-cap stocks. The Fund may invest a significant portion of its assets in foreign companies which may be subject to different risks than investments in securities of U.S. companies, including adverse political, social, economic, currency, or other developments that are unique to a particular country or region (Please see “Investing in Foreign Securities” in the prospectus). Therefore, the prices of the securities of foreign companies in particular countries or regions may, at times, move in a different direction than those of the securities of U.S. companies.
(Please see “Primary Risks for Fund Investors” in the prospectus). The Fund also generally invests a significant portion of its assets in a limited number of stocks, which may involve considerably more risk than a more broadly diversified portfolio because a decline in the value of any one of these stocks would cause the Fund’s overall value to decline to a greater degree. Source: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indexes or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. The MSCI ACWI ex USA Small Cap Index is an unmanaged, capitalization-weighted index of global small-cap stocks, excluding the United States. Index returns include net reinvested dividends and/or interest income. All indexes referenced are unmanaged and capitalization weighted. Each index’s returns include net reinvested dividends and/or interest income. The performance of an index does not represent exactly any particular investment, as you cannot invest directly in an index.
Sector and industry weightings are determined using the Global Industry Classification Standard (“GICS”). GICS was developed by, and is the exclusive property of, Standard & Poor’s Financial Services LLC (“S&P”) and MSCI Inc. (“MSCI”). GICS is the trademark of S&P and MSCI. “Global Industry Classification Standard (GICS)” and “GICS Direct” are service marks of S&P and MSCI. Distributor: Royce Fund Services, LLC Member FINRA, SIPC.
Any information, statements and opinions set forth herein are general in nature, are not directed to or based on the financial situation or needs of any particular investor, and do not constitute, and should not be construed as, investment advice, a forecast of future events, a guarantee of future results, or a recommendation with respect to any particular security or investment strategy. Investors seeking financial advice regarding the appropriateness of investing in any securities or investment strategies should consult their financial professional.
Credit: Source link
