ACPTX Fees and Costs — UBS All China Equity Fund, Class P2
Data updated: 2024-09-11
The net expense ratio is 0.30%: a 0.85% management fee plus 8.32% other expenses, less a 8.87% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $248 in broker commissions, 0.0085% of average net assets, and portfolio turnover was 1%.
ACPTX Fees and Expenses
Annual operating expenses and sales charges of ACPTX. Prospectus, as of October 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 8.32% |
| Gross expense ratio | 9.17% |
| Fee waiver | −8.87% |
| Net expense ratio | 0.30% |
| 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 |
ACPTX Costs Over Time
On $10,000 invested in ACPTX, assuming 5% a year before costs, total costs come to $196 over 5 years, cutting the return by 0.32% 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 0.30%) | $32 | $99 | $173 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $5 | $18 |
| Total costs | $32 | $107 | $196 |
| Value after costs | $10,468 | $11,469 | $12,567 |
| Impact on return, per year | 0.32% | 0.32% | 0.32% |
ACPTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0085%
- Total broker commissions: $248
- Bought from dealers (principal trades, not a cost): $783K
- Portfolio turnover (prospectus): 1%
- Securities on loan, average value: $104K
- Net income from securities lending: $4K (0.121% of average net assets)
ACPTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $153 | 61.85% |
| BofA Securities, Inc. | $45 | 18.06% |
| HSBC Securities (USA) Inc. | $24 | 9.71% |
| CLSA Americas, LLC | $20 | 7.98% |
| J.P. Morgan Securities LLC | $4 | 1.79% |
| Goldman Sachs & Co. LLC | $1 | 0.56% |
| Citigroup Global Markets Inc. | $0 | 0.05% |
ACPTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $783K | 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.