BRADESCO LATIN AMERICAN EQUITY FUND RETAIL CLASS (BDERX) Exchange: NMFQS

DELISTED - Under normal circumstances, the Latin American Equity Fund invests at least 80% of its net assets, at the time of initial purchase, in equity or equity-related securities of issuers that: (i) have their principal securities trading market in a Latin American country; (ii) alone or on a consolidated basis derive 50% or more of annual revenue from goods produced, sales made or services performed in one or more Latin American countries; (iii) are organized under the laws of, and have a principal office in, a Latin American countries, (iv) are depositary receipts of issuers described in (i) and (iii) above, or (v) are exchange-traded funds that invest in one or more Latin American countries. The Latin American Equity Fund defines Latin America as Mexico, Central America (except Belize), and South America (except French Guyana, Guyana, and Suriname). The Adviser uses a bottom-up approach (stock picking), to select companies based on the Adviser's assessment of their potential growth, their strategy, their macroeconomic environment and the quality of the management of these companies. The Fund may invest in small-capitalization companies (market capitalization up to $1 billion) and mid-capitalization companies (market capitalization between $1 billion and $10 billion). The Latin American Equity Fund may utilize various derivative instruments and related strategies for various purposes, including, to increase or decrease exposure to a particular market, segment of the market, or security; to increase or decrease currency exposure, or as alternatives to direct investments. The Fund may utilize derivatives with respect to individual securities, indices and baskets of securities and currencies as part of its principal investment strategies and may invest in, (i) call and put options (including options on futures contracts); (ii) futures and forward contracts, and swap agreements (including total return, and currency swaps); and (iii) credit linked notes, structured notes and other related instruments. The Fund is non-diversified, which means that a significant portion of the Fund's assets may be invested in the securities of a single or small number of companies and/or in a more limited number of sectors than a diversified mutual fund. The Adviser will sell the Latin American Equity Fund's securities if the Adviser believes the issuer of such securities no longer meets certain growth criteria, if certain political and economic events occur, or if it believes that more attractive opportunities are available.