C000059643 Fees and Costs — T.A. World ex U.S. Core Equity Portfolio, Institutional Class Shares
Data updated: 2021-09-24
The net expense ratio is 0.36%: a 0.30% management fee plus 0.06% other expenses. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $344K in broker commissions, 0.0100% of average net assets, and portfolio turnover was 8%.
C000059643 Fees and Expenses
Annual operating expenses and sales charges of C000059643. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | — |
| Other expenses | 0.06% |
| Gross expense ratio | 0.36% |
| Fee waiver | — |
| Net expense ratio | 0.36% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
C000059643 Costs Over Time
On $10,000 invested in C000059643, assuming 5% a year before costs, total costs come to $234 over 5 years, cutting the return by 0.39% 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 0.36%) | $38 | $119 | $207 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $6 | $21 |
| Total costs | $39 | $128 | $234 |
| Value after costs | $10,461 | $11,448 | $12,528 |
| Impact on return, per year | 0.39% | 0.39% | 0.39% |
C000059643 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0100%
- Total broker commissions: $344K
- Bought from dealers (principal trades, not a cost): $23.2M
- Portfolio turnover (prospectus): 8%
- Securities on loan, average value: $35.5M
- Net income from securities lending: $1.3M (0.038% of average net assets)
C000059643 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $119K | 34.53% |
| Instinet, LLC | $90K | 26.27% |
| Societe Generale | $70K | 20.29% |
| Virtu Itg LLC | $61K | 17.59% |
| Citigroup Global Markets Inc. | $2K | 0.60% |
| Loop Capital Markets LLC | $2K | 0.54% |
| National Bank of Canada | $412 | 0.12% |
| JonesTrading Institutional Services LLC | $129 | 0.04% |
| Rosenblatt Securities Inc. | $59 | 0.02% |
| Macquarie Capital (USA) Inc. | $17 | 0.00% |
C000059643 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Macquarie Capital (USA) Inc. | $919K | 24.17% |
| UBS Securities LLC | $850K | 22.35% |
| Goldman Sachs & Co. LLC | $610K | 16.05% |
| J.P. Morgan Securities LLC | $525K | 13.82% |
| Citigroup Global Markets Inc. | $366K | 9.63% |
| Morgan Stanley & Co. LLC | $292K | 7.68% |
| BofA Securities, Inc. | $133K | 3.51% |
| Credit Suisse Securities (USA) LLC | $49K | 1.28% |
| Penson Worldwide, Inc. | $32K | 0.85% |
| Bell Potter Securities Limited | $26K | 0.67% |
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.