ABEMX Fees and Costs — abrdn Emerging Markets Fund, Institutional Class
Data updated: 2026-09-29
The net expense ratio is 1.10%: a 0.90% management fee plus 0.30% other expenses, less a 0.10% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $623K in broker commissions, 0.0608% of average net assets, and portfolio turnover was 35%.
ABEMX Fees and Expenses
Annual operating expenses and sales charges of ABEMX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.30% |
| Gross expense ratio | 1.20% |
| Fee waiver | −0.10% |
| Net expense ratio | 1.10% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
ABEMX Costs Over Time
On $10,000 invested in ABEMX, assuming 5% a year before costs, total costs come to $724 over 5 years, cutting the return by 1.22% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.10%) | $116 | $360 | $623 |
| Trading costs (broker commissions) | $6 | $20 | $34 |
| Lost growth on money paid in costs | $0 | $19 | $66 |
| Total costs | $122 | $398 | $724 |
| Value after costs | $10,378 | $11,178 | $12,039 |
| Impact on return, per year | 1.22% | 1.22% | 1.22% |
ABEMX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0608%
- Total broker commissions: $623K
- Bought from dealers (principal trades, not a cost): $885.0M
- Portfolio turnover (prospectus): 35%
- Securities lending: none during the year
ABEMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $119K | 22.67% |
| UBS Securities LLC | $69K | 13.10% |
| Citigroup Global Markets Inc. | $65K | 12.42% |
| HSBC Securities (USA) Inc. | $62K | 11.75% |
| BofA Securities, Inc. | $55K | 10.42% |
| Goldman Sachs & Co. LLC | $45K | 8.63% |
| Morgan Stanley & Co. LLC | $38K | 7.16% |
| Macquarie Capital (USA) Inc. | $31K | 5.81% |
| Jefferies LLC | $22K | 4.20% |
| CLSA Americas, LLC | $20K | 3.84% |
ABEMX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $880.8M | 99.52% |
| J.P. Morgan Securities LLC | $4.2M | 0.48% |
abrdn Emerging Markets Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ABEMX | Institutional Class | 1.10% | none |
| AEMSX | Institutional Service Class | 1.25% | none |
| GEGAX | Class A | 1.38% | 5.75% |
| GEMRX | Class R | 1.78% | none |
| GEGCX | Class C | 2.10% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.