C000097396 Fees and Costs — Columbia Contrarian Europe Fund, Class A
Data updated: 2020-06-23
The net expense ratio is 1.35%: a 0.88% management fee, a 0.25% 12b-1 fee plus 0.24% other expenses, less a 0.02% fee waiver. This share class carries a maximum front-end sales load of 5.75% and a deferred sales charge of up to 1.00%. In fiscal 2019 the fund paid $212K in broker commissions, 0.0778% of average net assets, and portfolio turnover was 62%.
C000097396 Fees and Expenses
Annual operating expenses and sales charges of C000097396. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.88% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.24% |
| Gross expense ratio | 1.37% |
| Fee waiver | −0.02% |
| Net expense ratio | 1.35% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000097396 Costs Over Time
On $10,000 invested in C000097396, assuming 5% a year before costs, total costs come to $1,568 over 5 years, cutting the return by 2.72% 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 | $673 | $575 | $575 |
| Fund expenses (net expense ratio 1.35%) | $134 | $415 | $716 |
| Trading costs (broker commissions) | $8 | $24 | $41 |
| Lost growth on money paid in costs | $29 | $112 | $236 |
| Total costs | $843 | $1,126 | $1,568 |
| Value after costs | $9,657 | $10,450 | $11,194 |
| Impact on return, per year | 8.43% | 3.52% | 2.72% |
C000097396 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0778%
- Total broker commissions: $212K
- Bought from dealers (principal trades, not a cost): $2.1M
- Portfolio turnover (prospectus): 62%
- Securities lending: none during the year
C000097396 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Liquidnet Inc | $25K | 16.81% |
| Deutsche Bank | $20K | 14.03% |
| UBS | $20K | 13.91% |
| Goldman Sachs International | $19K | 13.22% |
| Carnegie Investment Bank AB | $12K | 8.18% |
| Jeffries | $12K | 7.97% |
| Mirabaud Securities LTD | $11K | 7.34% |
| Barclays | $9K | 6.26% |
| Redburn (USA) LLC | $9K | 6.19% |
| HSBC | $9K | 6.09% |
C000097396 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley International | $1.8M | 82.82% |
| JPMorgan | $369K | 17.18% |
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.