C000058949 Fees and Costs — BMO Mid-Cap Growth Fund, Class I
Data updated: 2022-01-19
The net expense ratio is 0.99%: a 0.69% management fee plus 0.96% other expenses, less a 0.66% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $20K in broker commissions, 0.0674% of average net assets, and portfolio turnover was 114%.
C000058949 Fees and Expenses
Annual operating expenses and sales charges of C000058949. Prospectus, as of December 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.69% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.96% |
| Gross expense ratio | 1.65% |
| Fee waiver | −0.66% |
| Net expense ratio | 0.99% |
| 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 |
C000058949 Costs Over Time
On $10,000 invested in C000058949, assuming 5% a year before costs, total costs come to $661 over 5 years, cutting the return by 1.11% 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 0.99%) | $104 | $324 | $562 |
| Trading costs (broker commissions) | $7 | $22 | $38 |
| Lost growth on money paid in costs | $0 | $17 | $61 |
| Total costs | $111 | $363 | $661 |
| Value after costs | $10,389 | $11,213 | $12,102 |
| Impact on return, per year | 1.11% | 1.11% | 1.11% |
C000058949 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): 0.0674%
- Total broker commissions: $20K
- Bought from dealers (principal trades, not a cost): $39.3M
- Portfolio turnover (prospectus): 114%
- Securities on loan, average value: $3.5M
- Net income from securities lending: $17K (0.058% of average net assets)
C000058949 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital Inc. | $6K | 31.87% |
| Cowen and Company, LLC | $5K | 23.88% |
| Sanford C. Bernstein & Co., LLC | $3K | 16.36% |
| J.P. Morgan Securities LLC | $1K | 6.87% |
| Raymond James & Associates, Inc. | $1K | 5.93% |
| RBC Capital Markets, LLC | $783 | 4.05% |
| National Financial Services LLC | $701 | 3.62% |
| Virtu Americas LLC | $636 | 3.29% |
| Jefferies LLC | $444 | 2.30% |
| Capital Institutional Services, Inc. | $356 | 1.84% |
C000058949 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $39.3M | 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.