C000089513 Fees and Costs — Wells Fargo Intrinsic World Equity Fund, Administrator Class
Data updated: 2021-03-29
The net expense ratio is 1.25%: a 0.85% management fee plus 0.54% other expenses, less a 0.14% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $58K in broker commissions, 0.0425% of average net assets, and portfolio turnover was 32%.
C000089513 Fees and Expenses
Annual operating expenses and sales charges of C000089513. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.54% |
| Gross expense ratio | 1.39% |
| Fee waiver | −0.14% |
| Net expense ratio | 1.25% |
| 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 |
C000089513 Costs Over Time
On $10,000 invested in C000089513, assuming 5% a year before costs, total costs come to $804 over 5 years, cutting the return by 1.36% 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 1.25%) | $131 | $408 | $706 |
| Trading costs (broker commissions) | $4 | $14 | $24 |
| Lost growth on money paid in costs | $0 | $21 | $74 |
| Total costs | $136 | $443 | $804 |
| Value after costs | $10,364 | $11,133 | $11,959 |
| Impact on return, per year | 1.36% | 1.36% | 1.36% |
C000089513 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): 0.0425%
- Total broker commissions: $58K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 32%
- Securities on loan, average value: $1.0M
- Net income from securities lending: $6K (0.005% of average net assets)
C000089513 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Bank of America Securities Incorporated | $18K | 34.08% |
| Goldman Sachs & Company | $8K | 14.27% |
| Guardian Capital LP | $5K | 10.40% |
| Sanford C Bernstein LLC | $5K | 8.88% |
| Morgan Stanley Incorporated | $4K | 7.35% |
| Barclays Capital Incorporated | $4K | 7.23% |
| UBS Securities LLC | $3K | 6.29% |
| Citigroup Global Markets Incorporated | $2K | 4.60% |
| Liquidnet Incorporated | $2K | 3.62% |
| RBC Capital Markets | $2K | 3.28% |
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.