C000097897 Fees and Costs — BMO Small-Cap Value Fund, Class I
Data updated: 2022-01-19
The net expense ratio is 0.99%: a 0.69% management fee plus 0.47% other expenses, less a 0.17% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $95K in broker commissions, 0.1155% of average net assets, and portfolio turnover was 67%.
C000097897 Fees and Expenses
Annual operating expenses and sales charges of C000097897. Prospectus, as of December 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.69% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.47% |
| Gross expense ratio | 1.16% |
| Fee waiver | −0.17% |
| Net expense ratio | 0.99% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000097897 Costs Over Time
On $10,000 invested in C000097897, assuming 5% a year before costs, total costs come to $690 over 5 years, cutting the return by 1.16% 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 0.99%) | $104 | $324 | $561 |
| Trading costs (broker commissions) | $12 | $38 | $65 |
| Lost growth on money paid in costs | $0 | $18 | $63 |
| Total costs | $116 | $380 | $690 |
| Value after costs | $10,384 | $11,197 | $12,073 |
| Impact on return, per year | 1.16% | 1.16% | 1.16% |
C000097897 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.1155%
- Total broker commissions: $95K
- Bought from dealers (principal trades, not a cost): $44.7M
- Portfolio turnover (prospectus): 67%
- Securities on loan, average value: $6.6M
- Net income from securities lending: $11K (0.013% of average net assets)
C000097897 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $21K | 23.93% |
| National Financial Services LLC | $16K | 18.18% |
| Cowen and Company, LLC | $13K | 15.01% |
| RBC Capital Markets, LLC | $9K | 10.90% |
| Barclays Capital Inc. | $8K | 8.67% |
| Instinet, LLC | $7K | 8.58% |
| Jefferies LLC | $5K | 5.99% |
| Raymond James & Associates, Inc. | $3K | 3.98% |
| Capital Institutional Services, Inc. | $2K | 2.80% |
| J.P. Morgan Securities LLC | $2K | 1.95% |
C000097897 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $44.7M | 100.00% |
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.