ARUIX Fees and Costs — ARGA Value Fund, Institutional Shares
Data updated: 2026-08-28
The net expense ratio is 0.65%: a 0.50% management fee plus 4.47% other expenses, less a 4.32% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2K in broker commissions, 0.0480% of average net assets, and portfolio turnover was 88%.
ARUIX Fees and Expenses
Annual operating expenses and sales charges of ARUIX. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 4.47% |
| Gross expense ratio | 4.97% |
| Fee waiver | −4.32% |
| Net expense ratio | 0.65% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
ARUIX Costs Over Time
On $10,000 invested in ARUIX, assuming 5% a year before costs, total costs come to $439 over 5 years, cutting the return by 0.73% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $5 | $16 | $27 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $73 | $241 | $439 |
| Value after costs | $10,427 | $11,336 | $12,324 |
| Impact on return, per year | 0.73% | 0.73% | 0.73% |
ARUIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0480%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 88%
- Securities lending: none during the year
ARUIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SANFORD C. BERNSTEIN & CO., LLC | $491 | 28.58% |
| UBS SECURITIES | $426 | 24.80% |
| MORGAN STANLEY & CO, INC | $392 | 22.87% |
| RAYMOND JAMES & ASSOCIATES, INC | $387 | 22.54% |
| INSTINET | $14 | 0.84% |
| JEFFERIES LLC | $4 | 0.22% |
| BARCLAY BANK PLC | $3 | 0.15% |
ARGA Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ARUIX | Institutional Shares | 0.65% | — |
| ARUVX | C000243046 | 1.05% | — |
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.