AGGAX Fees and Costs — Invesco Global Growth Fund, Class A
Data updated: 2023-03-31
The net expense ratio is 1.23%: a 0.78% management fee, a 0.25% 12b-1 fee plus 0.20% other expenses. This share class carries a maximum front-end sales load of 5.50%. In fiscal 2022 the fund paid $394K in broker commissions, 0.0661% of average net assets, and portfolio turnover was 51%.
AGGAX Fees and Expenses
Annual operating expenses and sales charges of AGGAX. Prospectus, as of February 28, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.78% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.20% |
| Gross expense ratio | 1.23% |
| Fee waiver | — |
| Net expense ratio | 1.23% |
| Sales charges | |
|---|---|
| Max front load | 5.50% |
| 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 | No |
AGGAX Costs Over Time
On $10,000 invested in AGGAX, assuming 5% a year before costs, total costs come to $1,464 over 5 years, cutting the return by 2.53% 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 |
| Sales charges | $550 | $550 | $550 |
| Fund expenses (net expense ratio 1.23%) | $122 | $380 | $656 |
| Trading costs (broker commissions) | $7 | $20 | $35 |
| Lost growth on money paid in costs | $28 | $107 | $222 |
| Total costs | $706 | $1,057 | $1,464 |
| Value after costs | $9,794 | $10,520 | $11,299 |
| Impact on return, per year | 7.06% | 3.30% | 2.53% |
AGGAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0661%
- Total broker commissions: $394K
- Bought from dealers (principal trades, not a cost): $8.1M
- Portfolio turnover (prospectus): 51%
- Securities on loan, average value: $28.8M
- Net income from securities lending: $32K (0.005% of average net assets)
AGGAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $70K | 22.27% |
| J.P. MORGAN SECURITIES LLC | $54K | 17.21% |
| JEFFERIES LLC | $35K | 11.23% |
| BARCLAYS CAPITAL INC. | $29K | 9.27% |
| MORGAN STANLEY & CO. LLC | $28K | 9.02% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $23K | 7.42% |
| LIQUIDNET, INC. | $21K | 6.76% |
| EXANE, INC. | $21K | 6.67% |
| CREDIT SUISSE SECURITIES (USA) LLC | $18K | 5.69% |
| DAIWA CAPITAL MARKETS AMERICA INC. | $14K | 4.46% |
AGGAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $8.1M | 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.