Performance Charts

Ordinary Class Shares

Pear Tree Fund NameYTD as of 12/18/20181 Month as of 11/30/2018Qrtly as of 9/30/20181 Year as of 9/30/20185 Years as of 9/30/201810 Years as of 9/30/2018Since Inception 9/30/2018Total Gross Expense Ratio*Total Net Expense Ratio*
Polaris Small Cap
(Inception: 8/3/1992 )
-9.55%2.13%3.97%12.91%7.49%8.24%9.93%1.55%1.55%
Axiom Emerging Markets
(Inception: 9/30/1994)
-17.00%3.24%0.62%-2.14%0.40%2.87%4.83%1.66%1.44% (1)
Polaris Foreign Value
(Inception: 5/15/1998 )
-13.64%-0.99%1.55%5.24%6.47%8.97%6.78%1.51%1.41% (4)
Polaris Foreign Value Small Cap
(Inception: 5/1/2008)
-19.41%1.15%-2.22%-3.06%8.14%10.38%6.86%1.52%1.42% (4)
Quality
(Inception: 5/6/1985 )
-0.11%1.14%10.59%20.90%14.10%10.49%9.66%1.54%1.29% (2)

Institutional Class Shares

Pear Tree Fund NameYTD as of 12/18/20181 Month as of 11/30/2018Qrtly as of 9/30/20181 Year as of 9/30/20185 Years as of 9/30/201810 Years as of 9/30/2018Since Inception 9/30/2018Total Gross Expense Ratio*Total Net Expense Ratio*
Polaris Small Cap
(Inception: 1/6/1993)
-9.20%2.09%4.07%13.32%7.80%8.53%9.46%1.30%1.18% (3)
Axiom Emerging Markets
(Inception: 4/2/1996)
-16.69%3.29%0.65%-1.80%0.70%3.15%6.17%1.40%1.06% (1,3)
Polaris Foreign Value
(Inception: 12/18/1998)
-13.30%-0.99%1.69%5.70%6.79%9.24%8.17%1.26%1.04% (3&4)
Polaris Foreign Value Small Cap
(Inception: 5/1/2008)
-19.10%1.10%-2.15%-2.69%8.44%10.67%7.13%1.27%1.05% (3&4)
Quality**
(Inception: 3/25/1991)
0.20%1.12%10.65%21.36%14.42%10.80%8.68%1.29%0.92% (2&3)

R6 Class Shares

Pear Tree Fund NameYTD as of 12/18/20181 Month as of 11/30/2018Qrtly as of 9/30/20181 Year as of 9/30/20185 Years as of 9/30/201810 Years as of 9/30/2018Since Inception 9/30/2018Total Gross Expense Ratio*Total Net Expense Ratio*
Polaris Foreign Value
(Inception: 2/6/2017)
-13.28%-1.01%1.70%5.78%--12.73%1.10%0.94% (4&5)
Polaris Foreign Value Small Cap
(Inception: 2/6/2017)
-19.07%1.03%-2.12%-2.61%--11.73%1.12%1.02% (4)
* per prospectus dated August 1, 2018 ** Fund is not available to residents in all states. Please call 800-326-2151 for fund availability in your state or jurisdiction.
Performance numbers for periods less than one year are cumulative.
(1) The Manager has agreed until July 31,2019 to reduce its management fee to 0.78 percent of net assets up to $300 million; 0.83 percent for net assets over $300 million and up to $600 million; and 0.88 percent for net assets over $600 million. (2) The Manager has agreed until July 31, 2019 to waive 0.25 percent of its management fee if Quality Fund’s average daily net assets are up to and including $125 million and 0.50 percent of its management fee on those net assets that are in excel of $125 million. (3) The Manager has agreed until July 31, 2019 to reduce it’s transfer agent fee by 0.12 percent. (4) The Manager has agreed until July 31, 2019 to waive its management fee by 0.10 percent of net assets. (5) The Manager has agreed until July 31,2019 to reimburse expenses for R6 shares so that the total net expense ratio for R6 shares is not greater than 0.94 percent.