ARBMX Fees and Costs — One Choice 2020 Portfolio, A Class
Data updated: 2020-10-07
The net expense ratio is 1.02% (1.05% before fee waivers). This share class carries a maximum front-end sales load of 5.75%. Portfolio turnover was 18%.
ARBMX Fees and Expenses
Annual operating expenses and sales charges of ARBMX. Prospectus, as of November 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.77% |
| 12b-1 fee | 0.25% |
| Other expenses | — |
| Gross expense ratio | 1.05% |
| Fee waiver | −0.03% |
| Net expense ratio | 1.02% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 |
ARBMX Costs Over Time
On $10,000 invested in ARBMX, assuming 5% a year before costs, total costs come to $1,335 over 5 years, cutting the return by 2.29% 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 | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.02%) | $101 | $315 | $546 |
| Lost growth on money paid in costs | $29 | $106 | $214 |
| Total costs | $705 | $996 | $1,335 |
| Value after costs | $9,795 | $10,580 | $11,428 |
| Impact on return, per year | 7.05% | 3.10% | 2.29% |
ARBMX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $1.1B
- Portfolio turnover (prospectus): 18%
- Securities lending: none during the year
ARBMX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| NT DIVERSIFIED BOND FUND | $161.3M | 19.93% |
| SUSTAINABLE EQUITY FUND | $157.5M | 19.45% |
| NT EQUITY GROWTH FUND | $116.2M | 14.35% |
| NT LARGE COMPANY VALUE FUND | $71.6M | 8.84% |
| NT GROWTH FUND | $67.8M | 8.37% |
| U.S. GOVERNMENT MONEY MARKET FUND | $65.7M | 8.11% |
| NT CORE EQUITY PLUS FUND | $45.9M | 5.66% |
| GLOBAL BOND FUND | $43.3M | 5.35% |
| NT DISCIPLINED GROWTH FUND | $40.5M | 5.00% |
| NT INTERNATIONAL VALUE FUND | $39.8M | 4.92% |
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.