BJBIX Fees and Costs — Aberdeen International Sustainable Leaders Fund, Class A
Data updated: 2022-01-14
The net expense ratio is 1.38%: a 0.80% management fee, a 0.25% 12b-1 fee plus 0.66% other expenses, less a 0.33% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $85K in broker commissions, 0.0611% of average net assets, and portfolio turnover was 34%.
BJBIX Fees and Expenses
Annual operating expenses and sales charges of BJBIX. Prospectus, as of October 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.66% |
| Gross expense ratio | 1.71% |
| Fee waiver | −0.33% |
| Net expense ratio | 1.38% |
| 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 | Yes |
BJBIX Costs Over Time
On $10,000 invested in BJBIX, assuming 5% a year before costs, total costs come to $893 over 5 years, cutting the return by 1.51% 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 1.38%) | $145 | $450 | $777 |
| Trading costs (broker commissions) | $6 | $20 | $34 |
| Lost growth on money paid in costs | $0 | $23 | $82 |
| Total costs | $151 | $493 | $893 |
| Value after costs | $10,349 | $11,083 | $11,869 |
| Impact on return, per year | 1.51% | 1.51% | 1.51% |
BJBIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0611%
- Total broker commissions: $85K
- Bought from dealers (principal trades, not a cost): $68.3M
- Portfolio turnover (prospectus): 34%
- Securities lending: none during the year
BJBIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $18K | 22.62% |
| Credit Suisse Securities (USA) LLC | $17K | 21.81% |
| BofA Securities, Inc. | $14K | 17.43% |
| J.P. Morgan Securities LLC | $9K | 12.12% |
| Liquidnet, Inc. | $6K | 7.10% |
| Instinet, LLC | $4K | 5.31% |
| RBC Capital Markets, LLC | $4K | 5.02% |
| Goldman Sachs & Co. LLC | $3K | 3.69% |
| Pershing LLC | $2K | 2.58% |
| Citigroup Global Markets Inc. | $2K | 2.32% |
BJBIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $68.3M | 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.