BPEQX Fees and Costs — UBS U.S. Sustainable Equity Fund, Class P
Data updated: 2021-02-22
The net expense ratio is 0.70%: a 0.70% management fee plus 0.98% other expenses, less a 0.98% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $38K in broker commissions, 0.1310% of average net assets, and portfolio turnover was 177%.
BPEQX Fees and Expenses
Annual operating expenses and sales charges of BPEQX. Prospectus, as of June 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.98% |
| Gross expense ratio | 1.68% |
| Fee waiver | −0.98% |
| Net expense ratio | 0.70% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
BPEQX Costs Over Time
On $10,000 invested in BPEQX, assuming 5% a year before costs, total costs come to $522 over 5 years, cutting the return by 0.87% 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 0.70%) | $74 | $230 | $399 |
| Trading costs (broker commissions) | $14 | $43 | $75 |
| Lost growth on money paid in costs | $0 | $13 | $48 |
| Total costs | $87 | $286 | $522 |
| Value after costs | $10,413 | $11,290 | $12,241 |
| Impact on return, per year | 0.87% | 0.87% | 0.87% |
BPEQX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.1310%
- Total broker commissions: $38K
- Bought from dealers (principal trades, not a cost): $33.9M
- Portfolio turnover (prospectus): 177%
- Securities on loan, average value: $1.9M
- Net income from securities lending: $5K (0.017% of average net assets)
BPEQX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $7K | 19.94% |
| Pershing LLC | $6K | 15.89% |
| Jefferies LLC | $5K | 14.59% |
| Bofa Securities, Inc. | $4K | 12.29% |
| J.P. Morgan Securities LLC | $3K | 8.38% |
| Credit Suisse Securities (USA) LLC | $3K | 7.88% |
| Citigroup Global Markets Inc. | $3K | 7.20% |
| Morgan Stanley & Co. LLC | $2K | 6.78% |
| Wedbush Securities Inc. | $1K | 3.54% |
| Cowen and Company, LLC | $1K | 3.51% |
BPEQX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $31.2M | 92.12% |
| Credit Suisse Securities (USA) LLC | $1.1M | 3.20% |
| J.P. Morgan Securities LLC | $608K | 1.79% |
| Goldman Sachs & Co. LLC | $573K | 1.69% |
| Morgan Stanley & Co. LLC | $374K | 1.10% |
| Citigroup Global Markets Inc. | $25K | 0.07% |
| Bofa Securities, Inc. | $8K | 0.02% |
| Cowen and Company, LLC | $510 | 0.00% |
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.