ABNIX Fees and Costs — abrdn International Small Cap Fund, Institutional Class
Data updated: 2025-09-25
The net expense ratio is 0.99%: a 0.82% management fee plus 0.46% other expenses, less a 0.29% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $65K in broker commissions, 0.0485% of average net assets, and portfolio turnover was 32%.
ABNIX Fees and Expenses
Annual operating expenses and sales charges of ABNIX. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.82% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.46% |
| Gross expense ratio | 1.28% |
| Fee waiver | −0.29% |
| Net expense ratio | 0.99% |
| 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 |
ABNIX Costs Over Time
On $10,000 invested in ABNIX, assuming 5% a year before costs, total costs come to $649 over 5 years, cutting the return by 1.09% 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 0.99%) | $104 | $324 | $562 |
| Trading costs (broker commissions) | $5 | $16 | $28 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $109 | $357 | $649 |
| Value after costs | $10,391 | $11,219 | $12,114 |
| Impact on return, per year | 1.09% | 1.09% | 1.09% |
ABNIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0485%
- Total broker commissions: $65K
- Bought from dealers (principal trades, not a cost): $95.6M
- Portfolio turnover (prospectus): 32%
- Securities lending: none during the year
ABNIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $9K | 20.08% |
| Goldman Sachs & Co. LLC | $7K | 15.00% |
| J.P. Morgan Securities LLC | $5K | 12.00% |
| Citigroup Global Markets Inc. | $5K | 10.76% |
| Berenberg Capital Markets LLC | $4K | 9.59% |
| Barclays Capital Inc. | $4K | 7.85% |
| BNP Paribas Securities Corp. | $3K | 6.38% |
| Jefferies LLC | $3K | 6.29% |
| BofA Securities, Inc. | $3K | 6.21% |
| IIFL Capital Inc. | $3K | 5.83% |
ABNIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $95.6M | 100.00% |
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.