Royce International Premier Fund - Consultant Class 

This fund's primary goal is to achieve significant capital appreciation over an extended period. It typically allocates at least 80% of its net assets to the stock shares of leading companies based internationally, outside the United States. A substantial portion of these international equity holdings, specifically at least 65%, will consist of small-capitalization firms, defined as those with market capitalizations of up to $5 billion at the point of purchase. Moreover, under normal market conditions, the fund ensures broad diversification by investing no less than 65% of its total net assets in the equity securities of international companies headquartered in at least three separate countries.