C000097401 Fees and Costs — Columbia Contrarian Europe Fund, Institutional Class
Data updated: 2020-06-23
The net expense ratio is 1.10%: a 0.88% management fee plus 0.24% other expenses, less a 0.02% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $212K in broker commissions, 0.0778% of average net assets, and portfolio turnover was 62%.
C000097401 Fees and Expenses
Annual operating expenses and sales charges of C000097401. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.88% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.24% |
| Gross expense ratio | 1.12% |
| Fee waiver | −0.02% |
| Net expense ratio | 1.10% |
| 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 |
C000097401 Costs Over Time
On $10,000 invested in C000097401, assuming 5% a year before costs, total costs come to $734 over 5 years, cutting the return by 1.24% 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 1.10%) | $116 | $360 | $623 |
| Trading costs (broker commissions) | $8 | $25 | $44 |
| Lost growth on money paid in costs | $0 | $19 | $67 |
| Total costs | $124 | $404 | $734 |
| Value after costs | $10,376 | $11,172 | $12,029 |
| Impact on return, per year | 1.24% | 1.24% | 1.24% |
C000097401 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
C000097401 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% |
C000097401 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.