BNIEX Fees and Costs — UBS International Sustainable Equity Fund, Class A
Data updated: 2026-09-11
The net expense ratio is 1.25%: a 0.80% management fee, a 0.25% 12b-1 fee plus 0.53% other expenses, less a 0.33% fee waiver. This share class carries a maximum front-end sales load of 5.50%. In fiscal 2026 the fund paid $29K in broker commissions, 0.0193% of average net assets, and portfolio turnover was 45%.
BNIEX Fees and Expenses
Annual operating expenses and sales charges of BNIEX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.53% |
| Gross expense ratio | 1.58% |
| Fee waiver | −0.33% |
| Net expense ratio | 1.25% |
| Sales charges | |
|---|---|
| Max front load | 5.50% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
BNIEX Costs Over Time
On $10,000 invested in BNIEX, assuming 5% a year before costs, total costs come to $1,448 over 5 years, cutting the return by 2.50% 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 |
| Sales charges | $550 | $550 | $550 |
| Fund expenses (net expense ratio 1.25%) | $124 | $386 | $667 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $28 | $106 | $221 |
| Total costs | $703 | $1,048 | $1,448 |
| Value after costs | $9,797 | $10,528 | $11,315 |
| Impact on return, per year | 7.03% | 3.27% | 2.50% |
BNIEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0193%
- Total broker commissions: $29K
- Bought from dealers (principal trades, not a cost): $90.3M
- Portfolio turnover (prospectus): 45%
- Securities on loan, average value: $16.1M
- Net income from securities lending: $34K (0.023% of average net assets)
BNIEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $5K | 21.80% |
| Nomura Securities International, Inc. | $4K | 16.91% |
| TD Securities (USA) LLC | $3K | 13.26% |
| Goldman Sachs & Co. LLC | $3K | 12.26% |
| SMBC Nikko Securities America, Inc. | $2K | 8.66% |
| Daiwa Capital Markets America Inc. | $2K | 7.76% |
| UBS Securities LLC | $1K | 5.73% |
| J.P. Morgan Securities LLC | $1K | 5.00% |
| Citigroup Global Markets Inc. | $1K | 4.36% |
| BofA Securities, Inc. | $1K | 4.26% |
BNIEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $90.3M | 100.00% |
UBS International Sustainable Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ESPTX | Class P2 | 0.25% | none |
| BNUEX | Class P | 1.00% | none |
| BNIEX | Class A | 1.25% | 5.50% |
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.