BGSKX Fees and Costs — Baillie Gifford Global Stewardship Equities Fund, Class K
Data updated: 2023-03-09
The net expense ratio is 0.65%: a 0.50% management fee plus 3.14% other expenses, less a 2.99% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $358 in broker commissions, 0.0083% of average net assets, and portfolio turnover was 18%.
BGSKX Fees and Expenses
Annual operating expenses and sales charges of BGSKX. Prospectus, as of December 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 3.14% |
| Gross expense ratio | 3.64% |
| Fee waiver | −2.99% |
| Net expense ratio | 0.65% |
| 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 |
BGSKX Costs Over Time
On $10,000 invested in BGSKX, assuming 5% a year before costs, total costs come to $415 over 5 years, cutting the return by 0.69% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $69 | $227 | $415 |
| Value after costs | $10,431 | $11,349 | $12,348 |
| Impact on return, per year | 0.69% | 0.69% | 0.69% |
BGSKX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0083%
- Total broker commissions: $358
- Bought from dealers (principal trades, not a cost): $2K
- Portfolio turnover (prospectus): 18%
- Securities lending: none during the year
BGSKX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $55 | 17.68% |
| UBS Securities LLC | $53 | 17.04% |
| BOFA SECURITIES, INC. | $52 | 16.72% |
| Haitong International Securities (USA) Inc. | $32 | 10.29% |
| INSTINET, LLC | $30 | 9.65% |
| BARCLAYS CAPITAL, INC. | $22 | 7.07% |
| CitiGroup Global Markets Inc. | $21 | 6.75% |
| VIRTU AMERICAS LLC | $17 | 5.47% |
| CREDIT SUISSE SECURITIES (USA) LLC | $16 | 5.14% |
| BNP PARIBAS SECURITIES CORP. | $13 | 4.18% |
BGSKX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $2K | 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.