BCGDX Fees and Costs — Blue Current Global Dividend Fund, Institutional Class
Data updated: 2026-07-30
The net expense ratio is 1.01%: a 0.99% management fee plus 0.42% other expenses, less a 0.40% fee waiver. This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $31K in broker commissions, 0.0390% of average net assets, and portfolio turnover was 33%.
BCGDX Fees and Expenses
Annual operating expenses and sales charges of BCGDX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.99% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.42% |
| Gross expense ratio | 1.41% |
| Fee waiver | −0.40% |
| Net expense ratio | 1.01% |
| 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 | Yes |
BCGDX Costs Over Time
On $10,000 invested in BCGDX, assuming 5% a year before costs, total costs come to $656 over 5 years, cutting the return by 1.10% 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 1.01%) | $106 | $331 | $573 |
| Trading costs (broker commissions) | $4 | $13 | $22 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $110 | $360 | $656 |
| Value after costs | $10,390 | $11,216 | $12,107 |
| Impact on return, per year | 1.10% | 1.10% | 1.10% |
BCGDX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0390%
- Total broker commissions: $31K
- Bought from dealers (principal trades, not a cost): $1.7M
- Portfolio turnover (prospectus): 33%
- Securities lending: none during the year
BCGDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| KEPLER CAPITAL MARKETS | $16K | 51.10% |
| J.P. MORGAN SECURITIES LLC | $15K | 48.90% |
BCGDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| PERSHING LLC | $1.7M | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.