Voya Multi-Manager International Equity Fund
A global approach to discovering long-term growth across asset classes.
About this Product
- The Fund normally invests at least 65% of its total assets in common stocks and convertible securities of companies organized under the laws of, or with principal offices located in, a number of different countries outside of the United States, including companies in countries in emerging markets
- The Fund does not focus its investments in a particular industry or country. The Fund may invest in companies of any market capitalization. The Fund may also invest in foreign issuers through depositary receipts or similar investment vehicles and may hold cash in U.S. dollars or foreign currencies
- Baillie Gifford Overseas Limited, Polaris Capital Management, LLC, and Wellington Management Company, LLP provide day-to-day management of the Fund. The Sub-Advisers act independently of each other and use their own methodologies for selecting investments.
Investment Objective
The Fund seeks long-term growth of capital.
Performance
Average Annual Total Returns %
As of May 31, 2024
As of March 31, 2024
| Most Recent Month End | YTD | 1 YR | 3 YR | 5 YR | 10 YR | Expense Ratios | |
|---|---|---|---|---|---|---|---|
| Gross | Net | ||||||
| Net Asset Value | +5.93 | +15.32 | -2.11 | +5.91 | +3.34 | 0.94% | 0.88% |
| With Sales Charge | +5.93 | +15.32 | -2.11 | +5.91 | +3.34 | ||
| Net Asset Value | +4.22 | +10.61 | -1.07 | +5.04 | +3.45 | 0.94% | 0.89% |
| With Sales Charge | +4.22 | +10.61 | -1.07 | +5.04 | +3.45 | ||
| MSCI EAFE Index | +7.07 | +18.53 | +3.06 | +8.05 | +4.60 | — | — |
| MSCI All Country World Index Ex-U.S. Index | +5.79 | +16.74 | +0.27 | +6.81 | +4.03 | — | — |
| MSCI EAFE Index | +5.78 | +15.32 | +4.78 | +7.33 | +4.80 | — | — |
| MSCI All Country World Index Ex-U.S. Index | +4.69 | +13.26 | +1.94 | +5.97 | +4.25 | — | — |
Inception Date - Class I:January 6, 2011
Current Maximum Sales Charge: 0.00%
The performance quoted represents past performance and does not guarantee future results. Current performance may be lower or higher than the performance information shown. The investment return and principal value of an investment in the Portfolio will fluctuate, so that your shares, when redeemed, may be worth more or less than their original cost. See above "Average Annual Total Returns %" for performance information current to the most recent month-end.
Returns for the other share classes will vary due to different charges and expenses. Performance assumes reinvestment of distributions and does not account for taxes.
Total investment return at net asset value has been calculated assuming a purchase at net asset value at the beginning of the period and a sale at net asset value at the end of the period; and assumes reinvestment of dividends, capital gain distributions and return of capital distributions/allocations, if any, in accordance with the provisions of the dividend reinvestment plan. Net asset value equals total Fund assets net of Fund expenses such as operating costs and management fees. Total investment return at net asset value is not annualized for periods less than one year.
The MSCI All Country World ex-U.S. Index is an unmanaged free float-adjusted market capitalization index that is designed to measure equity market performance in the global developed and emerging markets, excluding the U.S. The Index does not reflect fees, brokerage commissions, taxes or other expenses of investing. Investors cannot invest directly in an index.
The MSCI Europe, Australasia and Far East (EAFE) Index is an unmanaged index that measures the performance of securities listed on exchanges in markets in Europe, Australasia and the Far East. The Index does not reflect fees, brokerage commissions, taxes or other expenses of investing. Investors cannot invest directly in an index.
Past performance does not guarantee future results.
Returns-Based Characteristics
As of May 31, 2024
| 3 Year | 5 Year | 10 Year | |
|---|---|---|---|
| Alpha Alpha: A measure of risk-adjusted performance; alpha reflects the difference between a portfolio's actual return and the return that could be expected give its risk as measured by beta. | -4.93 | -2.17 | -1.21 |
| Beta Beta: The sensitivity of a portfolio's returns to changes in the return of the market as measured by the index or benchmark that represents the market. A portfolio with a beta of 1.0 behaves exactly like the index. A beta less than 1.0 suggests lower risk than the index, while a beta greater than 1.0 indicates a risk level higher than the index. | 1.09 | 1.07 | 1.05 |
| Information Ratio Information Ratio: The ratio of portfolio returns in excess of a market index to the variability of those excess returns; in effect, information ratio describes the value added by active management in relation to the risk taken to achieve those returns. | -1.20 | -0.43 | -0.31 |
| R2 R2: The proportion of the variation in a portfolio's returns that can be explained by the variability of the returns of an index. High R-squared (close to 1.0) is usually consistent with broad diversification. | 0.95 | 0.94 | 0.94 |
| Sharpe Ratio Sharpe Ratio: A risk-adjusted measure calculated using standard deviation and excess return to determine reward per unit of risk. The higher the Sharpe ratio, the better the portfolio's historical risk-adjusted performance. | -0.29 | 0.19 | 0.11 |
| Standard Deviation Standard Deviation: A measure of the degree to which an individual probability value varies from the distribution mean. The higher the number, the greater the risk. | 18.85 | 19.72 | 16.35 |
Growth of a $10,000 Investment
For the period 06/30/2014 through 05/31/2024
Ending Value: $13,893.00
The performance quoted in the "Growth of a $10,000 Investment" chart represents past performance. Performance shown is without sales charges; had sales charges been deducted, performance would have been less. Ending value includes reinvestment of distributions.
Investment Team
Portfolio Management Team
Voya Investments, LLC
Investment Adviser
Wellington Management Company, LLP
Investment Sub-Adviser
Baillie Gifford Overseas Limited
Investment Sub-Adviser
Polaris Capital Management, LLC
Investment Sub-Adviser
Lanyon Blair, CFA, CAIA
Head of Manager Research and Selection
Years of Experience: 16
Years with Voya: 9
Barbara Reinhard, CFA
Senior Managing Director, Chief Investment Officer, Multi-Asset Strategies and Solutions
Years of Experience: 31
Years with Voya: 8
Gerard Callahan
Iain Campbell
Mileva Milena
Stephen Paice
Sophie Earnshaw
Joe Faraday, CFA
Bernard R. Horn
Sumanta Biswas
Jason Crawshaw
Bin Xiao
Nicolas M Choumenkovitch
Tara Connolly Stilwell, CFA
Michael A Bennett
Disclosures
Principal Risks
All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. You could lose money on your investment and any of the following risks, among others, could affect investment performance. The following principal risks are presented in alphabetical order which does not imply order of importance or likelihood: China Investing Risks – Investing through Stock Connect; Company; Currency; Derivative Instruments; Environmental, Social, and Governance (Equity); Environmental, Social, and Governance (Multi-Manager); Foreign (Non-U.S.) Investments/ Developing and Emerging Markets; Growth Investing; Initial Public Offerings; Investment Model; Liquidity; Market; Market Capitalization; Market Disruption and Geopolitical; Other Investment Companies; Preferred Stocks; Real Estate Companies and Real Estate Investment Trusts; Securities Lending; Value Investing. Investors should consult the Fund’s Prospectus and Statement of Additional Information for a more detailed discussion of the Fund’s risks.