BBGRX Fees and Costs — BBH Global Core Select, Retail Class
Data updated: 2021-03-30
The net expense ratio is 1.50%: a 0.95% management fee, a 0.25% 12b-1 fee plus 3.46% other expenses, less a 3.16% fee waiver. This share class carries a redemption fee of 2.00%. In fiscal 2020 the fund paid $28K in broker commissions, 0.0537% of average net assets, and portfolio turnover was 29%.
BBGRX Fees and Expenses
Annual operating expenses and sales charges of BBGRX. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | 0.25% |
| Other expenses | 3.46% |
| Gross expense ratio | 4.66% |
| Fee waiver | −3.16% |
| Net expense ratio | 1.50% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
BBGRX Costs Over Time
On $10,000 invested in BBGRX, assuming 5% a year before costs, total costs come to $961 over 5 years, cutting the return by 1.63% 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 1.50%) | $158 | $489 | $842 |
| Trading costs (broker commissions) | $6 | $17 | $30 |
| Lost growth on money paid in costs | $0 | $25 | $89 |
| Total costs | $163 | $531 | $961 |
| Value after costs | $10,337 | $11,045 | $11,802 |
| Impact on return, per year | 1.63% | 1.63% | 1.63% |
BBGRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0537%
- Total broker commissions: $28K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 29%
- Securities lending: none during the year
BBGRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SANFORD C. BERNSTEIN & CO., LLC | $16K | 57.76% |
| BARCLAYS CAPITAL INC. | $7K | 24.64% |
| Jefferies LLC | $2K | 7.65% |
| Virtu Americas LLC | $2K | 7.55% |
| CITIGROUP GLOBAL MARKETS INC. | $278 | 1.00% |
| Goldman Sachs Group Inc. | $207 | 0.74% |
| BNY MELLON CAPITAL MARKETS, LLC | $102 | 0.37% |
| J.P. MORGAN SECURITIES LLC | $85 | 0.30% |
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.