Delaware International Equity Fund Institutional Class NMFQS:DEQIX

The fund invests primarily in equity securities that provide the potential for capital appreciation. Under normal circumstances, it will invest at least 65% of its total assets in equity securities of issuers that are organized, have a majority of their assets, or generate the majority of their operating income outside the United States. The fund may invest more than 25% of its total assets in the securities of issuers located in the same country. It is non-diversified.