C000081280 Fees and Costs — Goldman Sachs Alternative Premia Fund, Class A
Data updated: 2022-03-14
The net expense ratio is 1.38% (2.65% before fee waivers). This share class carries a maximum front-end sales load of 5.50%. In fiscal 2021 the fund paid $23K in broker commissions, 0.0681% of average net assets, and portfolio turnover was 0%.
C000081280 Fees and Expenses
Annual operating expenses and sales charges of C000081280. Prospectus, as of April 30, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.79% |
| 12b-1 fee | 0.25% |
| Other expenses | 1.29% |
| Gross expense ratio | 2.65% |
| Fee waiver | −1.27% |
| Net expense ratio | 1.38% |
| Sales charges | |
|---|---|
| Max front load | 5.50% |
| 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 |
C000081280 Costs Over Time
On $10,000 invested in C000081280, assuming 5% a year before costs, total costs come to $1,550 over 5 years, cutting the return by 2.68% 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 |
| Sales charges | $550 | $550 | $550 |
| Fund expenses (net expense ratio 1.38%) | $137 | $425 | $734 |
| Trading costs (broker commissions) | $7 | $21 | $36 |
| Lost growth on money paid in costs | $28 | $109 | $230 |
| Total costs | $721 | $1,105 | $1,550 |
| Value after costs | $9,779 | $10,471 | $11,213 |
| Impact on return, per year | 7.21% | 3.45% | 2.68% |
C000081280 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0681%
- Total broker commissions: $23K
- Bought from dealers (principal trades, not a cost): $16.8B
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
C000081280 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. INTERNATIONAL PLC | $7K | 29.99% |
| BARCLAYS CAPITAL, INC. | $6K | 26.23% |
| SOCIETE GENERALE INTERNATIONAL LIMITED | $5K | 22.30% |
| J.P. MORGAN SECURITIES PLC | $3K | 15.05% |
| CREDIT SUISSE INTERNATIONAL | $1K | 5.50% |
| Deutsche Bank Aktiengesellschaft (London, GB, Branch) | $213 | 0.93% |
C000081280 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA, NATIONAL ASSOCIATION | $13.0B | 77.47% |
| JPMorgan Chase Bank, National Association | $3.8B | 22.44% |
| Deutsche Bank Aktiengesellschaft (London, GB, Branch) | $9.1M | 0.05% |
| MORGAN STANLEY & CO. INTERNATIONAL PLC | $4.5M | 0.03% |
| BNP PARIBAS | $1.1M | 0.01% |
| Citibank, National Association | $431K | 0.00% |
| BARCLAYS BANK PLC | $182K | 0.00% |
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.