C000110885 Fees and Costs — Credit Suisse Multialternative Strategy Fund, Class I
Data updated: 2025-01-14
The net expense ratio is 0.90% (1.28% before fee waivers). There are no sales loads or redemption fees. In fiscal 2024 the fund paid $448K in broker commissions, 0.1179% of average net assets, and portfolio turnover was 375%.
C000110885 Fees and Expenses
Annual operating expenses and sales charges of C000110885. Prospectus, as of February 29, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 1.04% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.19% |
| Gross expense ratio | 1.28% |
| Fee waiver | −0.38% |
| Net expense ratio | 0.90% |
| 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 | Yes |
C000110885 Costs Over Time
On $10,000 invested in C000110885, assuming 5% a year before costs, total costs come to $636 over 5 years, cutting the return by 1.07% 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 0.90%) | $94 | $295 | $511 |
| Trading costs (broker commissions) | $12 | $39 | $67 |
| Lost growth on money paid in costs | $0 | $17 | $58 |
| Total costs | $107 | $350 | $636 |
| Value after costs | $10,393 | $11,226 | $12,126 |
| Impact on return, per year | 1.07% | 1.07% | 1.07% |
C000110885 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.1179%
- Total broker commissions: $448K
- Bought from dealers (principal trades, not a cost): $1.4B
- Portfolio turnover (prospectus): 375%
- Securities on loan, average value: $10.0M
- Net income from securities lending: $116K (0.031% of average net assets)
C000110885 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $424K | 94.75% |
| Nomura Securities International, Inc. | $22K | 4.82% |
| CIBC World Markets Corp. | $2K | 0.36% |
| Citigroup Global Markets Inc. | $332 | 0.07% |
C000110885 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $1.0B | 71.73% |
| J.P. Morgan Securities LLC | $149.3M | 10.39% |
| BNY Capital Markets, LLC | $76.0M | 5.30% |
| Goldman Sachs & Co. LLC | $64.0M | 4.46% |
| Yung Shin Securities Co., Ltd. | $62.1M | 4.33% |
| Scotia Capital (USA) Inc. | $37.3M | 2.60% |
| Citigroup Global Markets Inc. | $10.8M | 0.75% |
| BNP Paribas Securities Corp. | $5.9M | 0.41% |
| RBC Capital Markets, LLC | $491K | 0.03% |
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.