BCAKX Fees and Costs — Baillie Gifford China A Shares Growth Fund, Class K
Data updated: 2024-11-22
The net expense ratio is 0.87%: a 0.72% management fee plus 13.91% other expenses, less a 13.76% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $73 in broker commissions, 0.0059% of average net assets, and portfolio turnover was 5%.
BCAKX Fees and Expenses
Annual operating expenses and sales charges of BCAKX. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.72% |
| 12b-1 fee | 0.00% |
| Other expenses | 13.91% |
| Gross expense ratio | 14.63% |
| Fee waiver | −13.76% |
| Net expense ratio | 0.87% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
BCAKX Costs Over Time
On $10,000 invested in BCAKX, assuming 5% a year before costs, total costs come to $549 over 5 years, cutting the return by 0.92% 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 0.87%) | $91 | $285 | $496 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $14 | $50 |
| Total costs | $92 | $302 | $549 |
| Value after costs | $10,408 | $11,275 | $12,214 |
| Impact on return, per year | 0.92% | 0.92% | 0.92% |
BCAKX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0059%
- Total broker commissions: $73
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 5%
- Securities lending: none during the year
BCAKX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $16 | 21.92% |
| SANFORD C. BERNSTEIN & CO., LLC | $16 | 21.92% |
| J.P. Morgan Securities LLC | $11 | 15.07% |
| MACQUARIE CAPITAL (USA), INC. | $10 | 13.70% |
| China International Capital Corporation Limited | $8 | 10.96% |
| JEFFERIES LLC | $8 | 10.96% |
| CICC US SECURITIES, INC. | $2 | 2.74% |
| INSTINET, LLC | $1 | 1.37% |
| GOLDMAN SACHS & CO. LLC | $1 | 1.37% |
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.