BEMYX Fees and Costs — Barrow Hanley Emerging Markets Value Fund, Y Shares
Data updated: 2024-09-30
The net expense ratio is 0.99%: a 0.87% management fee plus 5.81% other expenses, less a 5.69% fee waiver. This share class carries a redemption fee of 1.00%. In fiscal 2023 the fund paid $2K in broker commissions, 0.0740% of average net assets, and portfolio turnover was 50%.
BEMYX Fees and Expenses
Annual operating expenses and sales charges of BEMYX. Prospectus, as of February 29, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.87% |
| 12b-1 fee | — |
| Other expenses | 5.81% |
| Gross expense ratio | 6.68% |
| Fee waiver | −5.69% |
| Net expense ratio | 0.99% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | 1.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
BEMYX Costs Over Time
On $10,000 invested in BEMYX, assuming 5% a year before costs, total costs come to $665 over 5 years, cutting the return by 1.12% 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 0.99%) | $104 | $324 | $562 |
| Trading costs (broker commissions) | $8 | $24 | $42 |
| Lost growth on money paid in costs | $0 | $17 | $61 |
| Total costs | $112 | $366 | $665 |
| Value after costs | $10,388 | $11,211 | $12,098 |
| Impact on return, per year | 1.12% | 1.12% | 1.12% |
BEMYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0740%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 50%
- Securities lending: none during the year
BEMYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET | $314 | 18.38% |
| J.P. MORGAN SECURITIES | $300 | 17.59% |
| MORGAN STANLEY & CO | $279 | 16.33% |
| JEFFERIES LLC | $227 | 13.31% |
| GOLDMAN SACHS & CO | $174 | 10.20% |
| COLLINS STEWART | $97 | 5.68% |
| HSBC | $94 | 5.49% |
| SANFORD C. BERNSTEIN | $80 | 4.68% |
| BRASIL PLURAL | $80 | 4.68% |
| BANK OF AMERICA | $62 | 3.65% |
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.