C000116739 Fees and Costs — Invesco Select Opportunities Fund, Class A
Data updated: 2021-01-14
The net expense ratio is 1.02%: a 0.80% management fee, a 0.25% 12b-1 fee plus 0.59% other expenses, less a 0.62% fee waiver. This share class carries a maximum front-end sales load of 5.50%. In fiscal 2020 the fund paid $60K in broker commissions, 0.1574% of average net assets, and portfolio turnover was 40%.
C000116739 Fees and Expenses
Annual operating expenses and sales charges of C000116739. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.59% |
| Gross expense ratio | 1.64% |
| Fee waiver | −0.62% |
| 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 |
C000116739 Costs Over Time
On $10,000 invested in C000116739, assuming 5% a year before costs, total costs come to $1,395 over 5 years, cutting the return by 2.40% 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 | $315 | $546 |
| Trading costs (broker commissions) | $16 | $49 | $84 |
| Lost growth on money paid in costs | $28 | $105 | $216 |
| Total costs | $694 | $1,019 | $1,395 |
| Value after costs | $9,806 | $10,558 | $11,367 |
| Impact on return, per year | 6.94% | 3.17% | 2.40% |
C000116739 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.1574%
- Total broker commissions: $60K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 40%
- Securities on loan, average value: $184K
- Net income from securities lending: $677 (0.002% of average net assets)
C000116739 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MACQUARIE CAPITAL (USA) INC. | $9K | 20.24% |
| RBC CAPITAL MARKETS, LLC | $8K | 17.81% |
| UBS SECURITIES LLC | $6K | 13.80% |
| CREDIT SUISSE SECURITIES (USA) LLC | $5K | 11.75% |
| LIQUIDNET, INC. | $4K | 8.47% |
| JEFFERIES LLC | $3K | 7.98% |
| J.P. MORGAN SECURITIES LLC | $2K | 5.59% |
| MORGAN STANLEY & CO. LLC | $2K | 4.96% |
| BMO CAPITAL MARKETS CORP. | $2K | 4.75% |
| WOOD & CO. | $2K | 4.65% |
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.