C000058947 Fees and Costs — BMO Large-Cap Growth Fund, Class I
Data updated: 2022-01-19
The net expense ratio is 0.54%: a 0.35% management fee plus 0.23% other expenses, less a 0.04% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $88K in broker commissions, 0.0176% of average net assets, and portfolio turnover was 50%.
C000058947 Fees and Expenses
Annual operating expenses and sales charges of C000058947. Prospectus, as of December 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.23% |
| Gross expense ratio | 0.58% |
| Fee waiver | −0.04% |
| Net expense ratio | 0.54% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000058947 Costs Over Time
On $10,000 invested in C000058947, assuming 5% a year before costs, total costs come to $352 over 5 years, cutting the return by 0.59% 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 0.54%) | $57 | $178 | $310 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $9 | $32 |
| Total costs | $59 | $193 | $352 |
| Value after costs | $10,441 | $11,384 | $12,411 |
| Impact on return, per year | 0.59% | 0.59% | 0.59% |
C000058947 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0176%
- Total broker commissions: $88K
- Bought from dealers (principal trades, not a cost): $194.8M
- Portfolio turnover (prospectus): 50%
- Securities on loan, average value: $18.6M
- Net income from securities lending: $52K (0.010% of average net assets)
C000058947 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Cowen and Company, LLC | $19K | 24.99% |
| Virtu Americas LLC | $16K | 20.81% |
| Instinet, LLC | $10K | 13.36% |
| Capital Institutional Services, Inc. | $9K | 11.53% |
| National Financial Services LLC | $8K | 10.49% |
| RBC Capital Markets, LLC | $6K | 8.30% |
| Jefferies LLC | $2K | 2.96% |
| BofA Securities, Inc. | $2K | 2.70% |
| Cantor Fitzgerald & Co. | $2K | 2.50% |
| J.P. Morgan Securities LLC | $2K | 2.36% |
C000058947 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $194.8M | 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.