C000058438 Fees and Costs — JPMorgan Emerging Economies Fund, Class I
Data updated: 2019-12-23
The net expense ratio is 0.89%: a 0.58% management fee plus 0.41% other expenses, less a 0.10% fee waiver. There are no sales loads or redemption fees. In fiscal 2018 the fund paid $1.8M in broker commissions, 0.0894% of average net assets, and portfolio turnover was 82%.
C000058438 Fees and Expenses
Annual operating expenses and sales charges of C000058438. Prospectus, as of February 28, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.58% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.41% |
| Gross expense ratio | 0.99% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.89% |
| 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 | No |
C000058438 Costs Over Time
On $10,000 invested in C000058438, assuming 5% a year before costs, total costs come to $613 over 5 years, cutting the return by 1.03% 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 0.89%) | $93 | $292 | $506 |
| Trading costs (broker commissions) | $9 | $29 | $51 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $103 | $337 | $613 |
| Value after costs | $10,397 | $11,239 | $12,150 |
| Impact on return, per year | 1.03% | 1.03% | 1.03% |
C000058438 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2018.
- Explicit cost rate (commissions ÷ average net assets): 0.0894%
- Total broker commissions: $1.8M
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 82%
- Securities lending: none during the year
C000058438 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $262K | 19.26% |
| Morgan Stanley & Co., Inc. | $241K | 17.77% |
| Banc of America Securities, LLC | $204K | 15.01% |
| Goldman Sachs & Co. LLC | $160K | 11.78% |
| Credit Suisse Securities (USA) LLC | $115K | 8.46% |
| Macquarie Capital (USA) Inc. | $102K | 7.49% |
| Renaissance Capital Investments, Inc. | $81K | 5.95% |
| UBS Securities LLC | $74K | 5.41% |
| Citic Securities Internatonal USA LLC | $64K | 4.71% |
| Deutsche Bank Securities, Inc. | $56K | 4.15% |
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.