BLACKROCK EUROFUND

0001193125-18-298143.txt : 20181012 0001193125-18-298143.hdr.sgml : 20181012 20181012105744 ACCESSION NUMBER: 0001193125-18-298143 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 16 FILED AS OF DATE: 20181012 DATE AS OF CHANGE: 20181012 EFFECTIVENESS DATE: 20181012 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BLACKROCK EUROFUND CENTRAL INDEX KEY: 0000790525 IRS NUMBER: 226410940 STATE OF INCORPORATION: MA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-04026 FILM NUMBER: 181119545 BUSINESS ADDRESS: STREET 1: 100 BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19809 BUSINESS PHONE: 800-441-7762 MAIL ADDRESS: STREET 1: 100 BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19809 FORMER COMPANY: FORMER CONFORMED NAME: MERRILL LYNCH EUROFUND DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: MERRILL LYNCH EUROPE TRUST DATE OF NAME CHANGE: 19861203

0000790525 S000002177 BLACKROCK EUROFUND

C000005587 Investor A

C000005589 Investor C

C000005590 Institutional

C000005591 Class R

C000199787 Class K

497 1 d628967d497.htm BLACKROCK EUROFUND BLACKROCK EUROFUND

787 Seventh Avenue

New York, NY 10019-6099

Tel: 212 728 8000

Fax: 212 728 8111

October 12, 2018

VIA EDGAR

Securities and Exchange Commission

100 F Street, NE

Washington, DC 20549

Re:	BlackRock EuroFund

(File No. 033-4026 and File No. 811-4612)

Ladies and Gentlemen:

On behalf of BlackRock EuroFund (the “Fund”) and pursuant to Rule 497(e) under the Securities Act of 1933, as amended, attached for filing are exhibits containing interactive data format risk/return summary information that mirrors the risk/return summary information in a supplement, dated September 24, 2018, to the Prospectuses, dated October 27, 2017 and January 25, 2018, for the Fund. The purpose of the filing is to submit the 497(e) filing dated September 24, 2018 in XBRL for the Fund.

Any questions or comments on this filing should be directed to the undersigned at (212) 728-8955.

Very truly yours,

/s/ Bissie K. Bonner

Bissie K. Bonner

Enclosures

cc:	Benjamin Archibald, Esq., BlackRock Advisors, LLC

Elliot J. Gluck, Esq., Willkie Farr & Gallagher LLP

EX-101.INS 2 bref-20180924.xml XBRL INSTANCE DOCUMENT 0000790525 2018-09-24 2018-09-24 0000790525 bref:S000002177Member 2018-09-24 2018-09-24 2018-09-24 497 2017-06-30 BLACKROCK EUROFUND 0000790525 false 2018-09-24 2018-09-24 <div style="margin-top:0pt; margin-bottom:0pt; " align="center">BLACKROCK EUROFUND </div> (the “Fund”) Supplement dated September 24, 2018 to the Summary Prospectuses and Prospectuses of the Fund, dated October 27, 2017 and January 25, 2018, as supplemented to date On September 20, 2018, the Board of Trustees (the “Board”) of the Fund approved certain changes to the Fund’s investment strategies and process. In addition, Fund management has determined to make certain changes to the Fund’s portfolio management team and the benchmark index against which the Fund compares its performance. All of these changes are expected to become effective on October 23, 2018. Effective October 23, 2018, the following changes are made to the Fund’s Summary Prospectuses and Prospectuses, as applicable: Change in the Fund’s Investment Strategies and Investment Process The section of each Summary Prospectus entitled “Key Facts About BlackRock EuroFund — Principal Investment Strategies of the Fund” and the section of each Prospectus entitled “Fund Overview — Key Facts About BlackRock EuroFund — Principal Investment Strategies of the Fund” are deleted in their entirety and replaced with the following: Principal Investment Strategies of the Fund Under normal circumstances, the Fund will invest at least 80% of its net assets in equity securities, including common stock and convertible securities, of companies located in Europe. For these purposes, “net assets” include any borrowings for investment purposes. Equity securities include common stock, preferred stock, securities convertible into common stock or securities or other instruments whose price is linked to the value of common stock. Common stock are securities representing shares of ownership of a corporation. Convertible securities are securities, such as corporate bonds or preferred stock, that are exchangeable for shares of common stock of the issuer or another company. The Fund may invest in companies of any size. The Fund has no limits on the geographic asset distribution of its investments within Europe. However, the Fund currently expects that a majority of the Fund’s assets will be invested in equity securities of companies located in countries participating in the European Monetary Union (the “Eurozone”). Other exposure may include, without limitation, investments in companies located in European Union Member States that Fund management believes are likely to join the Eurozone in the foreseeable future and in companies based elsewhere that exercise the predominant part of their economic activity in Eurozone countries. The section of each Summary Prospectus entitled “Key Facts About BlackRock EuroFund — Principal Risks of Investing in the Fund” and the section of each Prospectus entitled “Fund Overview—Principal Risks of Investing in the Fund” are amended to add the following risk: Focus Risk — Under normal circumstances, the Fund focuses its investments in the securities of a limited number of issuers. This may subject the Fund to greater issuer-specific risk and potential losses than a fund that invests in the securities of a greater number of issuers. Change in the Fund’s Benchmark In the section of each Summary Prospectus entitled “Key Facts About the BlackRock EuroFund — Performance Information” and the section of each Prospectus entitled “Fund Overview — Key Facts About BlackRock EuroFund — Performance Information,” the MSCI EMU Index replaces the MSCI Europe Index as the performance benchmark against which the Fund measures its performance. Fund management believes the MSCI EMU Index is more relevant to the Fund’s new investment strategies. The MSCI EMU Index captures large and mid-cap representation across the 10 Developed Markets countries in the European Economic and Monetary Union (“EMU”). With 248 constituents, the MSCI EMU Index covers approximately 85% of the free float-adjusted market capitalization of the EMU. <div style="margin-top:12pt; margin-bottom:0pt; ">For the one year, five year and ten year periods ended December 31, 2017, the average annual total returns for the MSCI EMU Index were 28.07%, 8.61% and -0.05%, respectively. </div> <div style="margin-top:0pt; margin-bottom:0pt; " align="center">BLACKROCK EUROFUND </div> (the “Fund”) Supplement dated September 24, 2018 to the Summary Prospectuses and Prospectuses of the Fund, dated October 27, 2017 and January 25, 2018, as supplemented to date On September 20, 2018, the Board of Trustees (the “Board”) of the Fund approved certain changes to the Fund’s investment strategies and process. In addition, Fund management has determined to make certain changes to the Fund’s portfolio management team and the benchmark index against which the Fund compares its performance. All of these changes are expected to become effective on October 23, 2018. Effective October 23, 2018, the following changes are made to the Fund’s Summary Prospectuses and Prospectuses, as applicable: Change in the Fund’s Investment Strategies and Investment Process The section of each Summary Prospectus entitled “Key Facts About BlackRock EuroFund — Principal Investment Strategies of the Fund” and the section of each Prospectus entitled “Fund Overview — Key Facts About BlackRock EuroFund — Principal Investment Strategies of the Fund” are deleted in their entirety and replaced with the following: Principal Investment Strategies of the Fund Under normal circumstances, the Fund will invest at least 80% of its net assets in equity securities, including common stock and convertible securities, of companies located in Europe. For these purposes, “net assets” include any borrowings for investment purposes. Equity securities include common stock, preferred stock, securities convertible into common stock or securities or other instruments whose price is linked to the value of common stock. Common stock are securities representing shares of ownership of a corporation. Convertible securities are securities, such as corporate bonds or preferred stock, that are exchangeable for shares of common stock of the issuer or another company. The Fund may invest in companies of any size. The Fund has no limits on the geographic asset distribution of its investments within Europe. However, the Fund currently expects that a majority of the Fund’s assets will be invested in equity securities of companies located in countries participating in the European Monetary Union (the “Eurozone”). Other exposure may include, without limitation, investments in companies located in European Union Member States that Fund management believes are likely to join the Eurozone in the foreseeable future and in companies based elsewhere that exercise the predominant part of their economic activity in Eurozone countries. The section of each Summary Prospectus entitled “Key Facts About BlackRock EuroFund — Principal Risks of Investing in the Fund” and the section of each Prospectus entitled “Fund Overview—Principal Risks of Investing in the Fund” are amended to add the following risk: Focus Risk — Under normal circumstances, the Fund focuses its investments in the securities of a limited number of issuers. This may subject the Fund to greater issuer-specific risk and potential losses than a fund that invests in the securities of a greater number of issuers. Change in the Fund’s Benchmark In the section of each Summary Prospectus entitled “Key Facts About the BlackRock EuroFund — Performance Information” and the section of each Prospectus entitled “Fund Overview — Key Facts About BlackRock EuroFund — Performance Information,” the MSCI EMU Index replaces the MSCI Europe Index as the performance benchmark against which the Fund measures its performance. Fund management believes the MSCI EMU Index is more relevant to the Fund’s new investment strategies. The MSCI EMU Index captures large and mid-cap representation across the 10 Developed Markets countries in the European Economic and Monetary Union (“EMU”). With 248 constituents, the MSCI EMU Index covers approximately 85% of the free float-adjusted market capitalization of the EMU. <div style="margin-top:12pt; margin-bottom:0pt; ">For the one year, five year and ten year periods ended December 31, 2017, the average annual total returns for the MSCI EMU Index were 28.07%, 8.61% and -0.05%, respectively. </div> EX-101.SCH 3 bref-20180924.xsd XBRL TAXONOMY EXTENSION SCHEMA 000000 - Document - Document and Entity Information {Elements} link:presentationLink link:calculationLink link:definitionLink 000011 - Document - Risk/Return Supplement {Unlabeled} - BLACKROCK EUROFUND link:presentationLink link:calculationLink link:definitionLink 000019 - Disclosure - Risk/Return Detail Data {Elements} - BLACKROCK EUROFUND link:presentationLink link:calculationLink link:definitionLink EX-101.DEF 4 bref-20180924_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 5 bref-20180924_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Prospectus: 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Performance Narrative [Text Block] Performance Information Illustrates Variability of Returns [Text] Performance One Year or Less [Text] Performance Additional Market Index [Text] Performance Availability Phone [Text] Performance Availability Website Address [Text] Performance Past Does Not Indicate Future [Text] Bar Chart [Heading] Bar Chart Narrative [Text Block] Bar Chart Does Not Reflect Sales Loads [Text] Annual Return Caption [Text] Caption Annual Return, Column [Text] Column Annual Return, Inception Date Inception Date Annual Return 1990 Annual Return 1991 Annual Return 1992 Annual Return 1993 Annual Return 1994 Annual Return 1995 Annual Return 1996 Annual Return 1997 Annual Return 1998 Annual Return 1999 Annual Return 2000 Annual Return 2001 Annual Return 2002 Annual Return 2003 Annual Return 2004 Annual Return 2005 Annual Return 2006 Annual Return 2007 Annual Return 2008 Annual Return 2009 Annual Return 2010 Annual Return 2011 Annual Return 2012 Annual Return 2013 Annual 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Document Period End Date	dei_DocumentPeriodEndDate	Jun. 30, 2017
Registrant Name	dei_EntityRegistrantName	BLACKROCK EUROFUND
Central Index Key	dei_EntityCentralIndexKey	0000790525
Amendment Flag	dei_AmendmentFlag	false
Document Creation Date	dei_DocumentCreationDate	Sep. 24, 2018
Document Effective Date	dei_DocumentEffectiveDate	Sep. 24, 2018
Prospectus Date	rr_ProspectusDate	Sep. 24, 2018

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Sep. 24, 2018
BLACKROCK EUROFUND (the “Fund”) Supplement dated September 24, 2018 to the Summary Prospectuses and Prospectuses of the Fund, dated October 27, 2017 and January 25, 2018, as supplemented to date On September 20, 2018, the Board of Trustees (the “Board”) of the Fund approved certain changes to the Fund’s investment strategies and process. In addition, Fund management has determined to make certain changes to the Fund’s portfolio management team and the benchmark index against which the Fund compares its performance. All of these changes are expected to become effective on October 23, 2018. Effective October 23, 2018, the following changes are made to the Fund’s Summary Prospectuses and Prospectuses, as applicable: Change in the Fund’s Investment Strategies and Investment Process The section of each Summary Prospectus entitled “Key Facts About BlackRock EuroFund — Principal Investment Strategies of the Fund” and the section of each Prospectus entitled “Fund Overview — Key Facts About BlackRock EuroFund — Principal Investment Strategies of the Fund” are deleted in their entirety and replaced with the following: Principal Investment Strategies of the Fund Under normal circumstances, the Fund will invest at least 80% of its net assets in equity securities, including common stock and convertible securities, of companies located in Europe. For these purposes, “net assets” include any borrowings for investment purposes. Equity securities include common stock, preferred stock, securities convertible into common stock or securities or other instruments whose price is linked to the value of common stock. Common stock are securities representing shares of ownership of a corporation. Convertible securities are securities, such as corporate bonds or preferred stock, that are exchangeable for shares of common stock of the issuer or another company. The Fund may invest in companies of any size. The Fund has no limits on the geographic asset distribution of its investments within Europe. However, the Fund currently expects that a majority of the Fund’s assets will be invested in equity securities of companies located in countries participating in the European Monetary Union (the “Eurozone”). Other exposure may include, without limitation, investments in companies located in European Union Member States that Fund management believes are likely to join the Eurozone in the foreseeable future and in companies based elsewhere that exercise the predominant part of their economic activity in Eurozone countries. The section of each Summary Prospectus entitled “Key Facts About BlackRock EuroFund — Principal Risks of Investing in the Fund” and the section of each Prospectus entitled “Fund Overview—Principal Risks of Investing in the Fund” are amended to add the following risk: Focus Risk — Under normal circumstances, the Fund focuses its investments in the securities of a limited number of issuers. This may subject the Fund to greater issuer-specific risk and potential losses than a fund that invests in the securities of a greater number of issuers. Change in the Fund’s Benchmark In the section of each Summary Prospectus entitled “Key Facts About the BlackRock EuroFund — Performance Information” and the section of each Prospectus entitled “Fund Overview — Key Facts About BlackRock EuroFund — Performance Information,” the MSCI EMU Index replaces the MSCI Europe Index as the performance benchmark against which the Fund measures its performance. Fund management believes the MSCI EMU Index is more relevant to the Fund’s new investment strategies. The MSCI EMU Index captures large and mid-cap representation across the 10 Developed Markets countries in the European Economic and Monetary Union (“EMU”). With 248 constituents, the MSCI EMU Index covers approximately 85% of the free float-adjusted market capitalization of the EMU. For the one year, five year and ten year periods ended December 31, 2017, the average annual total returns for the MSCI EMU Index were 28.07%, 8.61% and -0.05%, respectively.

Sep. 24, 2018

BLACKROCK EUROFUND

(the “Fund”)

Supplement dated September 24, 2018 to the Summary Prospectuses and

Prospectuses of the Fund, dated October 27, 2017 and January 25, 2018, as supplemented to date

On September 20, 2018, the Board of Trustees (the “Board”) of the Fund approved certain changes to the Fund’s investment strategies and process. In addition, Fund management has determined to make certain changes to the Fund’s portfolio management team and the benchmark index against which the Fund compares its performance. All of these changes are expected to become effective on October 23, 2018.

Effective October 23, 2018, the following changes are made to the Fund’s Summary Prospectuses and Prospectuses, as applicable:

Change in the Fund’s Investment Strategies and Investment Process

The section of each Summary Prospectus entitled “Key Facts About BlackRock EuroFund — Principal Investment Strategies of the Fund” and the section of each Prospectus entitled “Fund Overview — Key Facts About BlackRock EuroFund — Principal Investment Strategies of the Fund” are deleted in their entirety and replaced with the following:

Principal Investment Strategies of the Fund

Under normal circumstances, the Fund will invest at least 80% of its net assets in equity securities, including common stock and convertible securities, of companies located in Europe. For these purposes, “net assets” include any borrowings for investment purposes. Equity securities include common stock, preferred stock, securities convertible into common stock or securities or other instruments whose price is linked to the value of common stock. Common stock are securities representing shares of ownership of a corporation. Convertible securities are securities, such as corporate bonds or preferred stock, that are exchangeable for shares of common stock of the issuer or another company.

The Fund may invest in companies of any size. The Fund has no limits on the geographic asset distribution of its investments within Europe. However, the Fund currently expects that a majority of the Fund’s assets will be invested in equity securities of companies located in countries participating in the European Monetary Union (the “Eurozone”). Other exposure may include, without limitation, investments in companies located in European Union Member States that Fund management believes are likely to join the Eurozone in the foreseeable future and in companies based elsewhere that exercise the predominant part of their economic activity in Eurozone countries.

The section of each Summary Prospectus entitled “Key Facts About BlackRock EuroFund — Principal Risks of Investing in the Fund” and the section of each Prospectus entitled “Fund Overview—Principal Risks of Investing in the Fund” are amended to add the following risk:

Focus Risk — Under normal circumstances, the Fund focuses its investments in the securities of a limited number of issuers. This may subject the Fund to greater issuer-specific risk and potential losses than a fund that invests in the securities of a greater number of issuers.

Change in the Fund’s Benchmark

In the section of each Summary Prospectus entitled “Key Facts About the BlackRock EuroFund — Performance Information” and the section of each Prospectus entitled “Fund Overview — Key Facts About BlackRock EuroFund — Performance Information,” the MSCI EMU Index replaces the MSCI Europe Index as the performance benchmark against which the Fund measures its performance. Fund management believes the MSCI EMU Index is more relevant to the Fund’s new investment strategies. The MSCI EMU Index captures large and mid-cap representation across the 10 Developed Markets countries in the European Economic and Monetary Union (“EMU”). With 248 constituents, the MSCI EMU Index covers approximately 85% of the free float-adjusted market capitalization of the EMU.

For the one year, five year and ten year periods ended December 31, 2017, the average annual total returns for the MSCI EMU Index were 28.07%, 8.61% and -0.05%, respectively.

XML 10 R3.htm IDEA: XBRL DOCUMENT

Label	Element	Value
Risk/Return:	rr_RiskReturnAbstract
Registrant Name	dei_EntityRegistrantName	BLACKROCK EUROFUND
Prospectus Date	rr_ProspectusDate	Sep. 24, 2018
Supplement [Text Block]	bref_SupplementTextBlock	BLACKROCK EUROFUND (the “Fund”) Supplement dated September 24, 2018 to the Summary Prospectuses and Prospectuses of the Fund, dated October 27, 2017 and January 25, 2018, as supplemented to date On September 20, 2018, the Board of Trustees (the “Board”) of the Fund approved certain changes to the Fund’s investment strategies and process. In addition, Fund management has determined to make certain changes to the Fund’s portfolio management team and the benchmark index against which the Fund compares its performance. All of these changes are expected to become effective on October 23, 2018. Effective October 23, 2018, the following changes are made to the Fund’s Summary Prospectuses and Prospectuses, as applicable: Change in the Fund’s Investment Strategies and Investment Process The section of each Summary Prospectus entitled “Key Facts About BlackRock EuroFund — Principal Investment Strategies of the Fund” and the section of each Prospectus entitled “Fund Overview — Key Facts About BlackRock EuroFund — Principal Investment Strategies of the Fund” are deleted in their entirety and replaced with the following: Principal Investment Strategies of the Fund Under normal circumstances, the Fund will invest at least 80% of its net assets in equity securities, including common stock and convertible securities, of companies located in Europe. For these purposes, “net assets” include any borrowings for investment purposes. Equity securities include common stock, preferred stock, securities convertible into common stock or securities or other instruments whose price is linked to the value of common stock. Common stock are securities representing shares of ownership of a corporation. Convertible securities are securities, such as corporate bonds or preferred stock, that are exchangeable for shares of common stock of the issuer or another company. The Fund may invest in companies of any size. The Fund has no limits on the geographic asset distribution of its investments within Europe. However, the Fund currently expects that a majority of the Fund’s assets will be invested in equity securities of companies located in countries participating in the European Monetary Union (the “Eurozone”). Other exposure may include, without limitation, investments in companies located in European Union Member States that Fund management believes are likely to join the Eurozone in the foreseeable future and in companies based elsewhere that exercise the predominant part of their economic activity in Eurozone countries. The section of each Summary Prospectus entitled “Key Facts About BlackRock EuroFund — Principal Risks of Investing in the Fund” and the section of each Prospectus entitled “Fund Overview—Principal Risks of Investing in the Fund” are amended to add the following risk: Focus Risk — Under normal circumstances, the Fund focuses its investments in the securities of a limited number of issuers. This may subject the Fund to greater issuer-specific risk and potential losses than a fund that invests in the securities of a greater number of issuers. Change in the Fund’s Benchmark In the section of each Summary Prospectus entitled “Key Facts About the BlackRock EuroFund — Performance Information” and the section of each Prospectus entitled “Fund Overview — Key Facts About BlackRock EuroFund — Performance Information,” the MSCI EMU Index replaces the MSCI Europe Index as the performance benchmark against which the Fund measures its performance. Fund management believes the MSCI EMU Index is more relevant to the Fund’s new investment strategies. The MSCI EMU Index captures large and mid-cap representation across the 10 Developed Markets countries in the European Economic and Monetary Union (“EMU”). With 248 constituents, the MSCI EMU Index covers approximately 85% of the free float-adjusted market capitalization of the EMU. For the one year, five year and ten year periods ended December 31, 2017, the average annual total returns for the MSCI EMU Index were 28.07%, 8.61% and -0.05%, respectively.
BLACKROCK EUROFUND
Risk/Return:	rr_RiskReturnAbstract
Supplement [Text Block]	bref_SupplementTextBlock	BLACKROCK EUROFUND (the “Fund”) Supplement dated September 24, 2018 to the Summary Prospectuses and Prospectuses of the Fund, dated October 27, 2017 and January 25, 2018, as supplemented to date On September 20, 2018, the Board of Trustees (the “Board”) of the Fund approved certain changes to the Fund’s investment strategies and process. In addition, Fund management has determined to make certain changes to the Fund’s portfolio management team and the benchmark index against which the Fund compares its performance. All of these changes are expected to become effective on October 23, 2018. Effective October 23, 2018, the following changes are made to the Fund’s Summary Prospectuses and Prospectuses, as applicable: Change in the Fund’s Investment Strategies and Investment Process The section of each Summary Prospectus entitled “Key Facts About BlackRock EuroFund — Principal Investment Strategies of the Fund” and the section of each Prospectus entitled “Fund Overview — Key Facts About BlackRock EuroFund — Principal Investment Strategies of the Fund” are deleted in their entirety and replaced with the following: Principal Investment Strategies of the Fund Under normal circumstances, the Fund will invest at least 80% of its net assets in equity securities, including common stock and convertible securities, of companies located in Europe. For these purposes, “net assets” include any borrowings for investment purposes. Equity securities include common stock, preferred stock, securities convertible into common stock or securities or other instruments whose price is linked to the value of common stock. Common stock are securities representing shares of ownership of a corporation. Convertible securities are securities, such as corporate bonds or preferred stock, that are exchangeable for shares of common stock of the issuer or another company. The Fund may invest in companies of any size. The Fund has no limits on the geographic asset distribution of its investments within Europe. However, the Fund currently expects that a majority of the Fund’s assets will be invested in equity securities of companies located in countries participating in the European Monetary Union (the “Eurozone”). Other exposure may include, without limitation, investments in companies located in European Union Member States that Fund management believes are likely to join the Eurozone in the foreseeable future and in companies based elsewhere that exercise the predominant part of their economic activity in Eurozone countries. The section of each Summary Prospectus entitled “Key Facts About BlackRock EuroFund — Principal Risks of Investing in the Fund” and the section of each Prospectus entitled “Fund Overview—Principal Risks of Investing in the Fund” are amended to add the following risk: Focus Risk — Under normal circumstances, the Fund focuses its investments in the securities of a limited number of issuers. This may subject the Fund to greater issuer-specific risk and potential losses than a fund that invests in the securities of a greater number of issuers. Change in the Fund’s Benchmark In the section of each Summary Prospectus entitled “Key Facts About the BlackRock EuroFund — Performance Information” and the section of each Prospectus entitled “Fund Overview — Key Facts About BlackRock EuroFund — Performance Information,” the MSCI EMU Index replaces the MSCI Europe Index as the performance benchmark against which the Fund measures its performance. Fund management believes the MSCI EMU Index is more relevant to the Fund’s new investment strategies. The MSCI EMU Index captures large and mid-cap representation across the 10 Developed Markets countries in the European Economic and Monetary Union (“EMU”). With 248 constituents, the MSCI EMU Index covers approximately 85% of the free float-adjusted market capitalization of the EMU. For the one year, five year and ten year periods ended December 31, 2017, the average annual total returns for the MSCI EMU Index were 28.07%, 8.61% and -0.05%, respectively.

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Risk/Return:	rr_RiskReturnAbstract
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Prospectus Date	rr_ProspectusDate	Sep. 24, 2018
Document Creation Date	dei_DocumentCreationDate	Sep. 24, 2018

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