BCSMX Fees and Costs — BCM Focus Small/Micro-Cap Fund
Data updated: 2024-11-18
The net expense ratio is 1.20%: a 0.85% management fee plus 0.53% other expenses, less a 0.18% fee waiver. This share class carries a redemption fee of 2.00%. In fiscal 2024 the fund paid $22K in broker commissions, 0.0558% of average net assets, and portfolio turnover was 19%.
BCSMX Fees and Expenses
Annual operating expenses and sales charges of BCSMX. Prospectus, as of February 29, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.53% |
| Gross expense ratio | 1.38% |
| Fee waiver | −0.18% |
| Net expense ratio | 1.20% |
| 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 |
BCSMX Costs Over Time
On $10,000 invested in BCSMX, assuming 5% a year before costs, total costs come to $782 over 5 years, cutting the return by 1.32% 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 1.20%) | $126 | $392 | $678 |
| Trading costs (broker commissions) | $6 | $18 | $32 |
| Lost growth on money paid in costs | $0 | $20 | $72 |
| Total costs | $132 | $431 | $782 |
| Value after costs | $10,368 | $11,146 | $11,981 |
| Impact on return, per year | 1.32% | 1.32% | 1.32% |
BCSMX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0558%
- Total broker commissions: $22K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 19%
- Securities lending: none during the year
BCSMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| VIRTU AMERICAS LLC | $22K | 80.76% |
| BTIG, LLC | $4K | 14.49% |
| INSTINET, LLC | $1K | 4.75% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.