C000118139 Fees and Costs — Thomas White Emerging Markets Fund, Class I
Data updated: 2020-06-18
The net expense ratio is 1.10%: a 0.85% management fee plus 0.79% other expenses, less a 0.54% fee waiver. This share class carries a redemption fee of 2.00%. In fiscal 2019 the fund paid $30K in broker commissions, 0.0819% of average net assets, and portfolio turnover was 29%.
C000118139 Fees and Expenses
Annual operating expenses and sales charges of C000118139. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.79% |
| Gross expense ratio | 1.64% |
| Fee waiver | −0.54% |
| Net expense ratio | 1.10% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000118139 Costs Over Time
On $10,000 invested in C000118139, assuming 5% a year before costs, total costs come to $737 over 5 years, cutting the return by 1.24% 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 1.10%) | $116 | $360 | $623 |
| Trading costs (broker commissions) | $9 | $27 | $46 |
| Lost growth on money paid in costs | $0 | $19 | $68 |
| Total costs | $124 | $406 | $737 |
| Value after costs | $10,376 | $11,171 | $12,026 |
| Impact on return, per year | 1.24% | 1.24% | 1.24% |
C000118139 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): 0.0819%
- Total broker commissions: $30K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 29%
- Securities on loan, average value: $731K
- Net income from securities lending: $680 (0.002% of average net assets)
C000118139 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| COWEN AND COMPANY, LLC | $18K | 58.98% |
| LOOP CAPITAL MARKETS LLC | $8K | 25.14% |
| ABEL NOSER, LLC. | $3K | 10.59% |
| NORTHERN TRUST SECURITIES, INC. | $1K | 4.28% |
| CITIGROUP GLOBAL MARKETS INC. | $307 | 1.02% |
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.