C000116613 Fees and Costs — First Investors International Opportunities Bond Fund, Class A
Data updated: 2019-12-13
The net expense ratio is 1.40%: a 0.75% management fee, a 0.30% 12b-1 fee plus 0.35% other expenses. This share class carries a maximum front-end sales load of 4.00% and a deferred sales charge of up to 1.00%. Portfolio turnover was 41%.
C000116613 Fees and Expenses
Annual operating expenses and sales charges of C000116613. Prospectus, as of September 30, 2018.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.35% |
| Gross expense ratio | 1.40% |
| Fee waiver | — |
| Net expense ratio | 1.40% |
| Sales charges | |
|---|---|
| Max front load | 4.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
C000116613 Costs Over Time
On $10,000 invested in C000116613, assuming 5% a year before costs, total costs come to $1,344 over 5 years, cutting the return by 2.31% 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 | $499 | $400 | $400 |
| Fund expenses (net expense ratio 1.40%) | $141 | $438 | $757 |
| Lost growth on money paid in costs | $20 | $85 | $187 |
| Total costs | $661 | $923 | $1,344 |
| Value after costs | $9,839 | $10,653 | $11,418 |
| Impact on return, per year | 6.61% | 2.87% | 2.31% |
C000116613 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2019.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $251.2M
- Portfolio turnover (prospectus): 41%
- Securities lending: none during the year
C000116613 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| HSBC Securities (USA) Inc. | $72.0M | 36.50% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $29.1M | 14.77% |
| Citigroup Global Markets Inc. | $18.9M | 9.56% |
| Barclays Capital Inc. | $15.5M | 7.84% |
| JP Morgan Securities LLC | $15.1M | 7.66% |
| Deutsche Bank Securities Inc. | $11.7M | 5.92% |
| Daiwa Capital Markets America Inc. | $9.7M | 4.93% |
| TD Securities Ltd. | $9.4M | 4.77% |
| BMO Capital Markets Limited | $8.9M | 4.53% |
| Wells Fargo Securities, LLC | $7.0M | 3.52% |
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.