C000016838 Fees and Costs — Aberdeen Global Equity Impact Fund, Class A
Data updated: 2022-01-14
The net expense ratio is 1.41%: a 0.80% management fee, a 0.25% 12b-1 fee plus 0.87% other expenses, less a 0.51% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $13K in broker commissions, 0.0177% of average net assets, and portfolio turnover was 32%.
C000016838 Fees and Expenses
Annual operating expenses and sales charges of C000016838. Prospectus, as of October 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.87% |
| Gross expense ratio | 1.92% |
| Fee waiver | −0.51% |
| Net expense ratio | 1.41% |
| 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 |
C000016838 Costs Over Time
On $10,000 invested in C000016838, assuming 5% a year before costs, total costs come to $885 over 5 years, cutting the return by 1.50% 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 |
| Fund expenses (net expense ratio 1.41%) | $148 | $460 | $794 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $23 | $82 |
| Total costs | $150 | $489 | $885 |
| Value after costs | $10,350 | $11,087 | $11,877 |
| Impact on return, per year | 1.50% | 1.50% | 1.50% |
C000016838 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): 0.0177%
- Total broker commissions: $13K
- Bought from dealers (principal trades, not a cost): $23.8M
- Portfolio turnover (prospectus): 32%
- Securities lending: none during the year
C000016838 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $4K | 29.94% |
| Credit Suisse Securities (USA) LLC | $2K | 14.12% |
| Jefferies LLC | $1K | 10.34% |
| Barclays Capital Inc. | $1K | 9.12% |
| Sanford C. Bernstein & Co., LLC | $1K | 8.38% |
| Goldman Sachs & Co. LLC | $976 | 7.94% |
| Renaissance Macro Securities, LLC | $752 | 6.12% |
| Morgan Stanley & Co. LLC | $752 | 6.12% |
| UBS Securities LLC | $573 | 4.66% |
| BofA Securities, Inc. | $400 | 3.25% |
C000016838 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $23.8M | 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.