Performance Charts

Ordinary Class Shares

Pear Tree Fund NameYTD as of 12/4/20201 Month as of 11/30/2020Qrtly as of 9/30/20201 Year as of 9/30/20205 Years as of 9/30/202010 Years as of 9/30/2020Since Inception 9/30/2020Total Gross Expense Ratio*Total Net Expense Ratio*
Polaris Small Cap #
(Inception: 8/3/1992 )
-6.16%16.37%-2.90%-18.73%2.06%5.11%8.04%1.64%1.64%
Axiom Emerging Markets World Equity ##
(Inception: 9/30/1994)
26.65%6.51%14.36%23.03%8.42%2.64%5.33%1.71%1.49% (1)
Polaris Foreign Value
(Inception: 5/15/1998 )
-0.45%21.09%2.99%-11.68%2.44%4.34%5.23%1.50%1.40% (4)
Polaris Foreign Value Small Cap
(Inception: 5/1/2008)
3.79%18.66%5.45%-2.87%3.56%4.99%4.84%1.54%1.44% (4)
Quality
(Inception: 5/6/1985 )
16.00%12.31%7.27%13.62%14.70%13.80%9.63%1.54%1.27% (2)
Polaris International Opportunities**
(Inception: 1/30/2019)
8.41%16.82%9.62%0.48%N/AN/A4.39%1.91%1.91%

Institutional Class Shares

Pear Tree Fund NameYTD as of 12/4/20201 Month as of 11/30/2020Qrtly as of 9/30/20201 Year as of 9/30/20205 Years as of 9/30/202010 Years as of 9/30/2020Since Inception 9/30/2020Total Gross Expense Ratio*Total Net Expense Ratio*
Polaris Small Cap #
(Inception: 1/6/1993)
-5.79%16.42%-2.79%-18.43%2.40%5.42%7.62%1.39%1.27% (3)
Axiom Emerging Markets World Equity ##
(Inception: 4/2/1996)
27.11%6.55%14.45%23.53%8.80%2.95%6.63%1.46%1.12% (1,3)
Polaris Foreign Value
(Inception: 12/18/1998)
-0.05%21.11%3.11%-11.34%2.79%4.66%6.46%1.25%1.03% (3&4)
Polaris Foreign Value Small Cap
(Inception: 5/1/2008)
4.13%18.61%5.53%-2.56%3.90%5.30%5.12%1.29%1.07% (3&4)
Quality
(Inception: 3/25/1991)
16.47%12.30%7.35%14.02%15.06%14.18%8.74%1.29%0.79% (2&3)
Polaris International Opportunities**
(Inception: 1/30/2019)
8.72%16.90%9.78%0.87%N/AN/A4.82%1.66%1.54% (3)

R6 Class Shares

Pear Tree Fund NameYTD as of 12/4/20201 Month as of 11/30/2020Qrtly as of 9/30/20201 Year as of 9/30/20205 Years as of 9/30/202010 Years as of 9/30/2020Since Inception 9/30/2020Total Gross Expense Ratio*Total Net Expense Ratio*
Polaris Foreign Value
(Inception: 2/6/2017)
0.00%21.08%3.09%-11.22%N/AN/A0.28%1.10%0.94% (4&5)
Polaris Foreign Value Small Cap
(Inception: 2/6/2017)
4.24%18.67%5.49%-2.54%N/AN/A2.37%1.14%1.04% (4)
Axiom Emerging Markets World Equity**, ##
(Inception: 1/28/2019)
27.26%6.52%14.48%23.66%N/AN/A16.98%1.31%1.00% (1&5)
Polaris International Opportunities**
(Inception: 1/30/2019)
8.80%16.90%9.78%0.90%N/AN/A4.83%1.51%1.51%
* per prospectus dated August 1, 2020. ** Fund is not available to residents in all states. Please call 800-326-2151 for fund availability in your state or jurisdiction.
# Polaris Capital began subadvising the Fund on January 1, 2015. ## Axiom International Investors began subadvising the Fund December 8, 2018. Performance numbers for periods less than one year are cumulative.
(1) The Manager has agreed until July 31, 2021 to reduce its management fee to 0.78% of net assets up to $300 million; 0.83% for net assets over $300 million and up to $600 million; and 0.88% for net assets over $600 million. (2) The Manager has agreed until July 31, 2021 to waive 0.25% of its management fee if Quality Fund’s average daily net assets up to and including $125 million and 0.50% of its management fee on those net assets that are in excess of $125 million. The Manager has contractually agreed until July 31, 2021 to reimburse such portion of the expenses of Quality Fund attributable to Institutional Shares such that total net expense ratio with respect to Institutional Shares is not greater than 0.79% of Quality Fund’s net assets attributable to Institutional Shares, less any acquired fund fees and expenses. (3) The Manager has agreed until July 31, 2021 to reduce its transfer agent fee by 0.12%. (4) The Manager has agreed until July 31, 2021 to waive its management fee by 0.10% of net assets. (5) The Manager has agreed until July 31, 2021 to reimburse expenses for R6 Shares of Foreign Value Fund and Emerging Markets Fund so that the total next expense ratio for R6 Shares of Foreign Value Fund is not greater than 0.94% and R6 Shares of Emerging Markets Fund is not greater than 0.99%, less any acquired fund fees and expenses.