| THE SARATOGA ADVANTAGE TRUST | ||||||||
|
AVERAGE ANNUALIZED RETURNS* |
||||||||
| PORTFOLIO | 8/30/10 NAV |
8/27/10 NAV |
Current Month 6/1/10- 6/30/10 (not annualized) |
Current Quarter 4/1/10- 6/30/10 (not annualized) |
1 YEAR 7/1/09- 6/30/10 |
5 YEAR 7/1/05- 6/30/10 |
10 YEAR 7/1/00- 6/30/10 |
SINCE INCEPTION thru 6/30/10 (Inception Date) |
| Large Capitalization Value |
10.37 | 10.54 | -6.12% | -13.50% | 10.95% | -6.91% | -2.33% |
3.74% (9/1/94) |
| Large Capitalization Growth |
14.30 | 14.54 | -4.61% | -8.81% | 17.55% | -0.23% | -7.07% | 3.56% (9/1/94) |
| Mid Capitalization | 7.89 | 8.02 | -7.48% | -12.08% | 15.41% | 0.36% | N/A | 6.53% (1/7/03) |
| Small Capitalization |
6.84 | 6.96 | -6.55% | -10.81% | 19.76% | 1.48% | 6.07% | 8.12% (9/1/94) |
| International Equity |
9.62 | 9.72 | -1.28% | -13.73% | 10.02% | -0.45% | -3.86% | 0.84% (9/1/94) |
| Health & Biotechnology | 15.09 | 15.29 | -1.69% | -8.62% | 18.72% | 1.88% | N/A | 4.42% (1/28/03) |
| Technology & Communications | 10.66 | 10.80 | -2.94% | -1.69% | 35.01% | 7.11% | N/A | 8.01% (1/7/03) |
| Financial Services | 5.56 | 5.70 | -6.86% | -15.68% | 3.45% | -9.05% | N/A | -2.27% (1/7/03) |
| Energy & Basic Materials | 11.32 | 11.49 | -9.43% | -21.60% | 10.26% | 2.38% | N/A | 9.48% (1/7/03) |
| Investment Quality Bond |
10.51 | 10.47 | 0.72% | 1.51% | 7.02% | 4.17% | 4.94% | 5.01% (9/1/94) |
| Municipal Bond | 10.06 | 10.06 | -0.35% | 1.20% | 4.68% | 2.01% | 3.69% | 3.91% (9/1/94) |
*The performance noted above is net of (after) the Portfoliosí expense ratios, which are as follows: Large Capitalization Value: 2.02% (2.00% excluding acquired fund fees and expenses); Large Capitalization Growth: 1.91%; Mid Capitalization: 2.35%; Small Capitalization: 2.25% (2.24% excluding acquired fund fees and expenses); International Equity: 2.04%; Health & Biotechnology: 2.56%; Technology & Communications before waivers and/or reimbursements: 3.35%, after waivers and/or reimbursements: 2.83%; Financial Services before waivers and/or reimbursements: 4.18%, after waivers and/or reimbursements: 2.80%; Energy & Basic Materials before waivers and/or reimbursements: 3.01%, after waivers and/or reimbursements: 2.83%; Investment Quality Bond: 1.70% (1.69% excluding acquired fund fees and expenses); Municipal Bond before waivers and/or reimbursements: 1.90%, after waivers and/or reimbursements: 1.78%.
The above past performance does not guarantee future results and current performance may be lower or higher than the performance data quoted. The investment return and principal value of an investment will fluctuate, so that shares when redeemed, may be worth more or less than their original cost. For more performance numbers current to the most recent month-end please call (800) 807-FUND.
Total Return is based on the change in net asset value plus the reinvestment of all income dividends and capital gains distributions. Performance shown is for Class I shares (please see a prospectus for information about other share classes). The Fundís management has or is currently waiving a portion of its management fees. The performance shown reflects the waivers without which the performance would have been lower. Due to ongoing market volatility, the Portfoliosí performance may be subject to substantial short-term changes. Please note that there are additional risks associated with investing in funds that lack industry or sector diversification. Funds whose investments are concentrated in a specific geographic area may be subject to a higher degree of market risk than funds whose investments are diversified and may not be suitable for all investors. There are risks associated with investing in funds that invest in securities of foreign countries, including fluctuations in currency, government regulation, differences in accounting standards and liquidity. There are risks associated with investing in small-cap and mid-cap companies, which tend to be more volatile and less liquid than stocks of large companies, including the increased risk of price fluctuations. There are certain risks associated with investing in debt securities including credit and interest rate risks.
A redemption fee of 2% will be levied on shares held 30 days or less, the performance data above does not reflect the deduction of the fee that would reduce the performance quoted.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Saratoga Funds. This and other information about the Saratoga Funds is contained in the prospectus, which can be obtained by calling (800) 807-FUND and should be read carefully before investing. The Saratoga Advantage Trustís Funds are distributed by Northern Lights Distributors, LLC. 7/10 ©Saratoga Capital Management, LLC; All Rights Reserved.