BSLNX Fees and Costs — Smith Group Large Cap Core Growth Fund, Investor Class
Data updated: 2020-08-27
The net expense ratio is 1.07% (1.66% before fee waivers). There are no sales loads or redemption fees. In fiscal 2019 the fund paid $22K in broker commissions, 0.0627% of average net assets, and portfolio turnover was 48%.
BSLNX Fees and Expenses
Annual operating expenses and sales charges of BSLNX. Prospectus, as of January 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.61% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.77% |
| Gross expense ratio | 1.66% |
| Fee waiver | −0.59% |
| Net expense ratio | 1.07% |
| 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 |
BSLNX Costs Over Time
On $10,000 invested in BSLNX, assuming 5% a year before costs, total costs come to $707 over 5 years, cutting the return by 1.19% 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 1.07%) | $112 | $350 | $606 |
| Trading costs (broker commissions) | $7 | $21 | $36 |
| Lost growth on money paid in costs | $0 | $18 | $65 |
| Total costs | $119 | $389 | $707 |
| Value after costs | $10,381 | $11,187 | $12,056 |
| Impact on return, per year | 1.19% | 1.19% | 1.19% |
BSLNX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0627%
- Total broker commissions: $22K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 48%
- Securities lending: none during the year
BSLNX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Instinet LLC | $13K | 57.40% |
| Liquidnet Inc | $10K | 41.65% |
| ITG Inc | $159 | 0.69% |
| Merrill Lynch Inc. | $61 | 0.26% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.