C000095864 Fees and Costs — AMG River Road International Value Equity Fund, Class N
Data updated: 2024-03-25
The net expense ratio is 1.03%: a 0.53% management fee, a 0.25% 12b-1 fee plus 1.33% other expenses, less a 1.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $15K in broker commissions, 0.1651% of average net assets, and portfolio turnover was 51%.
C000095864 Fees and Expenses
Annual operating expenses and sales charges of C000095864. Prospectus, as of February 28, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.53% |
| 12b-1 fee | 0.25% |
| Other expenses | 1.33% |
| Gross expense ratio | 2.11% |
| Fee waiver | −1.08% |
| Net expense ratio | 1.03% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000095864 Costs Over Time
On $10,000 invested in C000095864, assuming 5% a year before costs, total costs come to $745 over 5 years, cutting the return by 1.25% 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 1.03%) | $108 | $337 | $583 |
| Trading costs (broker commissions) | $17 | $54 | $93 |
| Lost growth on money paid in costs | $0 | $19 | $68 |
| Total costs | $125 | $410 | $745 |
| Value after costs | $10,375 | $11,166 | $12,018 |
| Impact on return, per year | 1.25% | 1.25% | 1.25% |
C000095864 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.1651%
- Total broker commissions: $15K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 51%
- Securities on loan, average value: $128K
- Net income from securities lending: $1K (0.014% of average net assets)
C000095864 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $14K | 94.27% |
| GOLDMAN SACHS & CO. LLC | $857 | 5.73% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.