ACLNX Fees and Costs — NT International Growth Fund, G Class
Data updated: 2022-04-25
The net expense ratio is 0.01%: a 0.84% management fee plus 0.01% other expenses, less a 0.84% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $710K in broker commissions, 0.0486% of average net assets, and portfolio turnover was 50%.
ACLNX Fees and Expenses
Annual operating expenses and sales charges of ACLNX. Prospectus, as of March 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.84% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.85% |
| Fee waiver | −0.84% |
| Net expense ratio | 0.01% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
ACLNX Costs Over Time
On $10,000 invested in ACLNX, assuming 5% a year before costs, total costs come to $37 over 5 years, cutting the return by 0.06% 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 0.01%) | $1 | $3 | $6 |
| Trading costs (broker commissions) | $5 | $16 | $28 |
| Lost growth on money paid in costs | $0 | $1 | $3 |
| Total costs | $6 | $20 | $37 |
| Value after costs | $10,494 | $11,556 | $12,725 |
| Impact on return, per year | 0.06% | 0.06% | 0.06% |
ACLNX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0486%
- Total broker commissions: $710K
- Bought from dealers (principal trades, not a cost): $7.5B
- Portfolio turnover (prospectus): 50%
- Securities on loan, average value: $17.9M
- Net income from securities lending: $683K (0.047% of average net assets)
ACLNX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley | $99K | 20.74% |
| J.P. Morgan Securities | $78K | 16.34% |
| Credit Suisse Securities (USA) LLC | $69K | 14.52% |
| Bank of America Merrill Lynch | $46K | 9.58% |
| UBS Warburg | $42K | 8.82% |
| Barclays Capital | $31K | 6.45% |
| Daiwa Capital Markets America, Inc. | $29K | 6.10% |
| Jefferies LLC | $29K | 6.04% |
| RBC Capital Markets | $27K | 5.74% |
| Citigroup Capital Markets Inc | $27K | 5.67% |
ACLNX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets | $4.7B | 62.84% |
| BMO Capital Markets | $1.9B | 24.87% |
| Credit Suisse Securities (USA) LLC | $296.5M | 3.93% |
| J.P. Morgan Securities | $193.9M | 2.57% |
| Bank of America Merrill Lynch | $174.6M | 2.32% |
| Morgan Stanley | $129.4M | 1.72% |
| UBS Warburg | $78.8M | 1.05% |
| Goldman Sachs | $51.2M | 0.68% |
| Barclays Capital | $1.9M | 0.03% |
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.