1933 Act/Rule 497(e)
January 16, 2018
VIA EDGAR
Securities and Exchange Commission
100 F Street, N.E.
Washington, DC 20549
RE: | Virtus Opportunities Trust |
File Nos. 033-65137 and 811-7455 |
To The Commission Staff:
On behalf of Virtus Opportunities Trust (the “Trust” or “Registrant”), transmitted herewith for filing under Rule 497(e) under the Securities Act of 1933 and the Investment Company Act of 1940, are exhibits containing interactive data format risk/return summary information that mirrors the risk/return summary information in the prospectus for Virtus Duff & Phelps International Equity Fund, Virtus Horizon International Wealth Masters Fund and Virtus Horizon Wealth Masters Fund, (the “Funds”) as filed under Rule 497(e) on December 29, 2017. The purpose of this filing is to submit the 497(e) filing dated December 29, 2017 in XBRL for the Funds.
Please contact Ann Flood at (860) 263-4746 or the undersigned at (860) 263-4791 if you have any questions concerning this filing.
Very truly yours,
/s/ Kevin J. Carr
Kevin J. Carr
cc: Ann Flood
Virtus Duff & Phelps International Equity Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Virtus Duff & Phelps International Equity Fund
| |||||||||||||||||||||||||||||||||||||||||||||||||||||
Virtus Duff & Phelps International Equity Fund, a series of Virtus Opportunities Trust
Supplement dated December 29, 2017 to the Summary Prospectuses dated April 10, 2017, and the Virtus Opportunities Trust Statutory Prospectus, dated April 10, 2017, each as supplemented
Important Notice to Investors | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Effective January 1, 2018, under “Fees and Expenses” in the fund’s summary prospectus and the summary section of the statutory prospectus, the “Annual Fund Operating Expenses” table and associated footnotes will be replaced with the following: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
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Under “Fees and Expenses, the “Example” table is hereby replaced with the following:
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Label | Element | Value | ||||
---|---|---|---|---|---|---|
Risk/Return: | rr_RiskReturnAbstract | |||||
Document Type | dei_DocumentType | 497 | ||||
Document Period End Date | dei_DocumentPeriodEndDate | Sep. 30, 2017 | ||||
Registrant Name | dei_EntityRegistrantName | VIRTUS OPPORTUNITIES TRUST | ||||
Central Index Key | dei_EntityCentralIndexKey | 0001005020 | ||||
Amendment Flag | dei_AmendmentFlag | false | ||||
Trading Symbol | dei_TradingSymbol | VOT | ||||
Document Creation Date | dei_DocumentCreationDate | Dec. 29, 2017 | ||||
Document Effective Date | dei_DocumentEffectiveDate | Dec. 29, 2017 | ||||
Prospectus Date | rr_ProspectusDate | Apr. 10, 2017 | ||||
Virtus Duff & Phelps International Equity Fund | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Risk/Return [Heading] | rr_RiskReturnHeading | Virtus Duff & Phelps International Equity Fund
|
||||
Supplement [Text Block] | vot_SupplementTextBlock | Virtus Duff & Phelps International Equity Fund, a series of Virtus Opportunities Trust
Supplement dated December 29, 2017 to the Summary Prospectuses dated April 10, 2017, and the Virtus Opportunities Trust Statutory Prospectus, dated April 10, 2017, each as supplemented
Important Notice to Investors |
||||
Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | Effective January 1, 2018, under “Fees and Expenses” in the fund’s summary prospectus and the summary section of the statutory prospectus, the “Annual Fund Operating Expenses” table and associated footnotes will be replaced with the following: |
||||
Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
|
||||
Fee Waiver or Reimbursement over Assets, Date of Termination | rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination | January 31, 2019
|
||||
Other Expenses, New Fund, Based on Estimates [Text] | rr_OtherExpensesNewFundBasedOnEstimates | Estimated for current fiscal year, as annualized.
|
||||
Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | Under “Fees and Expenses, the “Example” table is hereby replaced with the following:
|
||||
Virtus Duff & Phelps International Equity Fund | Class A | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Trading Symbol | dei_TradingSymbol | VIEAX | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.85% | ||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | ||||
Other Expenses | rr_OtherExpensesOverAssets | 1.93% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 3.03% | ||||
Less: Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (1.76%) | [1] | |||
Total Annual Fund Operating Expenses After Expense Reimbursement | rr_NetExpensesOverAssets | 1.27% | [1] | |||
1 Year | rr_ExpenseExampleYear01 | $ 697 | ||||
3 Years | rr_ExpenseExampleYear03 | 1,301 | ||||
5 Years | rr_ExpenseExampleYear05 | 1,929 | ||||
10 Years | rr_ExpenseExampleYear10 | 3,611 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 697 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 1,301 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,929 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 3,611 | ||||
Virtus Duff & Phelps International Equity Fund | Class C | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Trading Symbol | dei_TradingSymbol | VIECX | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.85% | ||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||||
Other Expenses | rr_OtherExpensesOverAssets | 1.93% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 3.78% | ||||
Less: Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (1.76%) | [1] | |||
Total Annual Fund Operating Expenses After Expense Reimbursement | rr_NetExpensesOverAssets | 2.02% | [1] | |||
1 Year | rr_ExpenseExampleYear01 | $ 305 | ||||
3 Years | rr_ExpenseExampleYear03 | 993 | ||||
5 Years | rr_ExpenseExampleYear05 | 1,800 | ||||
10 Years | rr_ExpenseExampleYear10 | 3,907 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 205 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 993 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,800 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 3,907 | ||||
Virtus Duff & Phelps International Equity Fund | Class I | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Trading Symbol | dei_TradingSymbol | VIIEX | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.85% | ||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||
Other Expenses | rr_OtherExpensesOverAssets | 1.93% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 2.78% | ||||
Less: Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (1.76%) | [1] | |||
Total Annual Fund Operating Expenses After Expense Reimbursement | rr_NetExpensesOverAssets | 1.02% | [1] | |||
1 Year | rr_ExpenseExampleYear01 | $ 104 | ||||
3 Years | rr_ExpenseExampleYear03 | 695 | ||||
5 Years | rr_ExpenseExampleYear05 | 1,313 | ||||
10 Years | rr_ExpenseExampleYear10 | 2,981 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 104 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 695 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,313 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 2,981 | ||||
Virtus Duff & Phelps International Equity Fund | Class T | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Trading Symbol | dei_TradingSymbol | VIETX | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.85% | ||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | ||||
Other Expenses | rr_OtherExpensesOverAssets | 1.93% | [2] | |||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 3.03% | ||||
Less: Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (1.76%) | [1] | |||
Total Annual Fund Operating Expenses After Expense Reimbursement | rr_NetExpensesOverAssets | 1.27% | [1] | |||
1 Year | rr_ExpenseExampleYear01 | $ 376 | ||||
3 Years | rr_ExpenseExampleYear03 | 1,001 | ||||
5 Years | rr_ExpenseExampleYear05 | 1,651 | ||||
10 Years | rr_ExpenseExampleYear10 | 3,391 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 376 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 1,001 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,651 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 3,391 | ||||
|
Virtus Horizon International Wealth Masters Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Virtus Horizon International Wealth Masters Fund
| |||||||||||||||||||||||||||||||||||||||||||||||||||||
Virtus Horizon International Wealth Masters Fund, a series of Virtus Opportunities Trust
Supplement dated December 29, 2017 to the Summary Prospectuses dated April 10, 2017, and the Virtus Opportunities Trust Statutory Prospectus, dated April 10, 2017, each as supplemented
Important Notice to Investors | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Effective January 1, 2018, under “Fees and Expenses” in the fund’s summary prospectus and the summary section of the statutory prospectus, the “Annual Fund Operating Expenses” table and associated footnotes will be replaced with the following:
| |||||||||||||||||||||||||||||||||||||||||||||||||||||
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||
Under “Fees and Expenses, the “Example” table is hereby replaced with the following:
| |||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Label | Element | Value | ||||
---|---|---|---|---|---|---|
Risk/Return: | rr_RiskReturnAbstract | |||||
Document Type | dei_DocumentType | 497 | ||||
Document Period End Date | dei_DocumentPeriodEndDate | Sep. 30, 2017 | ||||
Registrant Name | dei_EntityRegistrantName | VIRTUS OPPORTUNITIES TRUST | ||||
Central Index Key | dei_EntityCentralIndexKey | 0001005020 | ||||
Amendment Flag | dei_AmendmentFlag | false | ||||
Trading Symbol | dei_TradingSymbol | VOT | ||||
Document Creation Date | dei_DocumentCreationDate | Dec. 29, 2017 | ||||
Document Effective Date | dei_DocumentEffectiveDate | Dec. 29, 2017 | ||||
Prospectus Date | rr_ProspectusDate | Apr. 10, 2017 | ||||
Virtus Horizon International Wealth Masters Fund | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Risk/Return [Heading] | rr_RiskReturnHeading | Virtus Horizon International Wealth Masters Fund
|
||||
Supplement [Text Block] | vot_SupplementTextBlock | Virtus Horizon International Wealth Masters Fund, a series of Virtus Opportunities Trust
Supplement dated December 29, 2017 to the Summary Prospectuses dated April 10, 2017, and the Virtus Opportunities Trust Statutory Prospectus, dated April 10, 2017, each as supplemented
Important Notice to Investors |
||||
Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | Effective January 1, 2018, under “Fees and Expenses” in the fund’s summary prospectus and the summary section of the statutory prospectus, the “Annual Fund Operating Expenses” table and associated footnotes will be replaced with the following:
|
||||
Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
|
||||
Fee Waiver or Reimbursement over Assets, Date of Termination | rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination | January 31, 2019
|
||||
Other Expenses, New Fund, Based on Estimates [Text] | rr_OtherExpensesNewFundBasedOnEstimates | Estimated for current fiscal year, as annualized.
|
||||
Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | Under “Fees and Expenses, the “Example” table is hereby replaced with the following:
|
||||
Virtus Horizon International Wealth Masters Fund | Class A | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Trading Symbol | dei_TradingSymbol | VIWAX | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.90% | ||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | ||||
Other Expenses | rr_OtherExpensesOverAssets | 2.12% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 3.27% | ||||
Less: Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (1.95%) | [1] | |||
Total Annual Fund Operating Expenses After Expense Reimbursement | rr_NetExpensesOverAssets | 1.32% | [1] | |||
1 Year | rr_ExpenseExampleYear01 | $ 702 | ||||
3 Years | rr_ExpenseExampleYear03 | 1,352 | ||||
5 Years | rr_ExpenseExampleYear05 | 2,025 | ||||
10 Years | rr_ExpenseExampleYear10 | 3,811 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 702 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 1,352 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 2,025 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 3,811 | ||||
Virtus Horizon International Wealth Masters Fund | Class C | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Trading Symbol | dei_TradingSymbol | VIWCX | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.90% | ||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||||
Other Expenses | rr_OtherExpensesOverAssets | 2.12% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 4.02% | ||||
Less: Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (1.95%) | [1] | |||
Total Annual Fund Operating Expenses After Expense Reimbursement | rr_NetExpensesOverAssets | 2.07% | [1] | |||
1 Year | rr_ExpenseExampleYear01 | $ 310 | ||||
3 Years | rr_ExpenseExampleYear03 | 1,046 | ||||
5 Years | rr_ExpenseExampleYear05 | 1,898 | ||||
10 Years | rr_ExpenseExampleYear10 | 4,102 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 210 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 1,046 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,898 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 4,102 | ||||
Virtus Horizon International Wealth Masters Fund | Class I | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Trading Symbol | dei_TradingSymbol | VWIIX | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.90% | ||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||
Other Expenses | rr_OtherExpensesOverAssets | 2.12% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 3.02% | ||||
Less: Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (1.95%) | [1] | |||
Total Annual Fund Operating Expenses After Expense Reimbursement | rr_NetExpensesOverAssets | 1.07% | [1] | |||
1 Year | rr_ExpenseExampleYear01 | $ 109 | ||||
3 Years | rr_ExpenseExampleYear03 | 749 | ||||
5 Years | rr_ExpenseExampleYear05 | 1,415 | ||||
10 Years | rr_ExpenseExampleYear10 | 3,199 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 109 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 749 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,415 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 3,199 | ||||
Virtus Horizon International Wealth Masters Fund | Class T | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Trading Symbol | dei_TradingSymbol | VIWTX | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.90% | ||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | ||||
Other Expenses | rr_OtherExpensesOverAssets | 2.12% | [2] | |||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 3.27% | ||||
Less: Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (1.95%) | [1] | |||
Total Annual Fund Operating Expenses After Expense Reimbursement | rr_NetExpensesOverAssets | 1.32% | [1] | |||
1 Year | rr_ExpenseExampleYear01 | $ 381 | ||||
3 Years | rr_ExpenseExampleYear03 | 1,054 | ||||
5 Years | rr_ExpenseExampleYear05 | 1,750 | ||||
10 Years | rr_ExpenseExampleYear10 | 3,598 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 381 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 1,054 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,750 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 3,598 | ||||
|
Virtus Horizon Wealth Masters Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Virtus Horizon Wealth Masters Fund
| |||||||||||||||||||||||||||||||||||||||||||||||||||||
Virtus Horizon Wealth Masters Fund, a series of Virtus Opportunities Trust
Supplement dated December 29, 2017 to the Summary Prospectuses dated April 10, 2017, and the Virtus Opportunities Trust Statutory Prospectus, dated April 10, 2017, each as supplemented
Important Notice to Investors | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Effective January 1, 2018, under “Fees and Expenses” in the fund’s summary prospectus and the summary section of the statutory prospectus, the “Annual Fund Operating Expenses” table and associated footnotes will be replaced with the following:
| |||||||||||||||||||||||||||||||||||||||||||||||||||||
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||
Under “Fees and Expenses, the “Example” table is hereby replaced with the following:
| |||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Label | Element | Value | ||||
---|---|---|---|---|---|---|
Risk/Return: | rr_RiskReturnAbstract | |||||
Document Type | dei_DocumentType | 497 | ||||
Document Period End Date | dei_DocumentPeriodEndDate | Sep. 30, 2017 | ||||
Registrant Name | dei_EntityRegistrantName | VIRTUS OPPORTUNITIES TRUST | ||||
Central Index Key | dei_EntityCentralIndexKey | 0001005020 | ||||
Amendment Flag | dei_AmendmentFlag | false | ||||
Trading Symbol | dei_TradingSymbol | VOT | ||||
Document Creation Date | dei_DocumentCreationDate | Dec. 29, 2017 | ||||
Document Effective Date | dei_DocumentEffectiveDate | Dec. 29, 2017 | ||||
Prospectus Date | rr_ProspectusDate | Apr. 10, 2017 | ||||
Virtus Horizon Wealth Masters Fund | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Risk/Return [Heading] | rr_RiskReturnHeading | Virtus Horizon Wealth Masters Fund
|
||||
Supplement [Text Block] | vot_SupplementTextBlock | Virtus Horizon Wealth Masters Fund, a series of Virtus Opportunities Trust
Supplement dated December 29, 2017 to the Summary Prospectuses dated April 10, 2017, and the Virtus Opportunities Trust Statutory Prospectus, dated April 10, 2017, each as supplemented
Important Notice to Investors |
||||
Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | Effective January 1, 2018, under “Fees and Expenses” in the fund’s summary prospectus and the summary section of the statutory prospectus, the “Annual Fund Operating Expenses” table and associated footnotes will be replaced with the following:
|
||||
Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
|
||||
Fee Waiver or Reimbursement over Assets, Date of Termination | rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination | January 31, 2019
|
||||
Other Expenses, New Fund, Based on Estimates [Text] | rr_OtherExpensesNewFundBasedOnEstimates | Estimated for current fiscal year, as annualized.
|
||||
Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | Under “Fees and Expenses, the “Example” table is hereby replaced with the following:
|
||||
Virtus Horizon Wealth Masters Fund | Class A | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Trading Symbol | dei_TradingSymbol | VWMAX | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.85% | ||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.43% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.53% | ||||
Less: Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.28%) | [1] | |||
Total Annual Fund Operating Expenses After Expense Reimbursement | rr_NetExpensesOverAssets | 1.25% | [1] | |||
1 Year | rr_ExpenseExampleYear01 | $ 695 | ||||
3 Years | rr_ExpenseExampleYear03 | 1,005 | ||||
5 Years | rr_ExpenseExampleYear05 | 1,336 | ||||
10 Years | rr_ExpenseExampleYear10 | 2,271 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 695 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 1,005 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,336 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 2,271 | ||||
Virtus Horizon Wealth Masters Fund | Class C | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Trading Symbol | dei_TradingSymbol | VWMCX | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.85% | ||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.43% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 2.28% | ||||
Less: Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.28%) | [1] | |||
Total Annual Fund Operating Expenses After Expense Reimbursement | rr_NetExpensesOverAssets | 2.00% | [1] | |||
1 Year | rr_ExpenseExampleYear01 | $ 303 | ||||
3 Years | rr_ExpenseExampleYear03 | 686 | ||||
5 Years | rr_ExpenseExampleYear05 | 1,195 | ||||
10 Years | rr_ExpenseExampleYear10 | 2,594 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 203 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 686 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,195 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 2,594 | ||||
Virtus Horizon Wealth Masters Fund | Class I | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Trading Symbol | dei_TradingSymbol | VWMIX | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.85% | ||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.43% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.28% | ||||
Less: Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.28%) | [1] | |||
Total Annual Fund Operating Expenses After Expense Reimbursement | rr_NetExpensesOverAssets | 1.00% | [1] | |||
1 Year | rr_ExpenseExampleYear01 | $ 102 | ||||
3 Years | rr_ExpenseExampleYear03 | 378 | ||||
5 Years | rr_ExpenseExampleYear05 | 675 | ||||
10 Years | rr_ExpenseExampleYear10 | 1,521 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 102 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 378 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 675 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,521 | ||||
Virtus Horizon Wealth Masters Fund | Class T | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Trading Symbol | dei_TradingSymbol | VWMTX | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.85% | ||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.43% | [2] | |||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.53% | ||||
Less: Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.28%) | [1] | |||
Total Annual Fund Operating Expenses After Expense Reimbursement | rr_NetExpensesOverAssets | 1.25% | [1] | |||
1 Year | rr_ExpenseExampleYear01 | $ 374 | ||||
3 Years | rr_ExpenseExampleYear03 | 695 | ||||
5 Years | rr_ExpenseExampleYear05 | 1,038 | ||||
10 Years | rr_ExpenseExampleYear10 | 2,005 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 374 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 695 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,038 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 2,005 | ||||
|
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