C000116733 Fees and Costs — Invesco Global Opportunities Fund, (US) Class A
Data updated: 2020-09-29
The net expense ratio is 1.02%: a 0.80% management fee, a 0.25% 12b-1 fee plus 0.94% other expenses, less a 0.97% fee waiver. This share class carries a maximum front-end sales load of 5.50%. In fiscal 2019 the fund paid $13K in broker commissions, 0.0344% of average net assets, and portfolio turnover was 45%.
C000116733 Fees and Expenses
Annual operating expenses and sales charges of C000116733. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.94% |
| Gross expense ratio | 1.99% |
| Fee waiver | −0.97% |
| Net expense ratio | 1.02% |
| Sales charges | |
|---|---|
| Max front load | 5.50% |
| 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 |
C000116733 Costs Over Time
On $10,000 invested in C000116733, assuming 5% a year before costs, total costs come to $1,325 over 5 years, cutting the return by 2.28% 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 | $550 | $550 | $550 |
| Fund expenses (net expense ratio 1.02%) | $101 | $316 | $547 |
| Trading costs (broker commissions) | $3 | $11 | $18 |
| Lost growth on money paid in costs | $27 | $103 | $209 |
| Total costs | $682 | $979 | $1,325 |
| Value after costs | $9,818 | $10,597 | $11,438 |
| Impact on return, per year | 6.82% | 3.05% | 2.28% |
C000116733 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): 0.0344%
- Total broker commissions: $13K
- Bought from dealers (principal trades, not a cost): $192K
- Portfolio turnover (prospectus): 45%
- Securities lending: none during the year
C000116733 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN, SACHS & CO. | $2K | 18.51% |
| CREDIT SUISSE SECURITIES (USA) LLC | $2K | 16.76% |
| UBS SECURITIES LLC | $2K | 15.39% |
| J.P. MORGAN SECURITIES LLC | $2K | 14.75% |
| MORGAN STANLEY & CO. LLC | $914 | 7.08% |
| CITIGROUP GLOBAL MARKETS INC. | $898 | 6.96% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $780 | 6.05% |
| ITG INC. | $656 | 5.08% |
| DEUTSCHE BANK SECURITIES INC. | $643 | 4.98% |
| LIQUIDNET, INC. | $571 | 4.43% |
C000116733 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $165K | 85.91% |
| BOFA SECURITIES, INC. | $27K | 14.08% |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED | $13 | 0.01% |
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.