C000120618 Fees and Costs — Credit Suisse Managed Futures Strategy Fund, Class I
Data updated: 2025-01-14
The net expense ratio is 1.33% (1.35% before fee waivers). There are no sales loads or redemption fees. In fiscal 2024 the fund paid $268K in broker commissions, 0.1273% of average net assets, and portfolio turnover was 0%.
C000120618 Fees and Expenses
Annual operating expenses and sales charges of C000120618. Prospectus, as of February 29, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 1.04% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.28% |
| Gross expense ratio | 1.35% |
| Fee waiver | −0.02% |
| Net expense ratio | 1.33% |
| 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 |
C000120618 Costs Over Time
On $10,000 invested in C000120618, assuming 5% a year before costs, total costs come to $903 over 5 years, cutting the return by 1.53% 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 1.33%) | $140 | $434 | $748 |
| Trading costs (broker commissions) | $13 | $42 | $72 |
| Lost growth on money paid in costs | $0 | $24 | $83 |
| Total costs | $153 | $499 | $903 |
| Value after costs | $10,347 | $11,077 | $11,860 |
| Impact on return, per year | 1.53% | 1.53% | 1.53% |
C000120618 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): 0.1273%
- Total broker commissions: $268K
- Bought from dealers (principal trades, not a cost): $450.6M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
C000120618 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $268K | 100.00% |
C000120618 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $205.4M | 45.58% |
| J.P. Morgan Securities LLC | $85.0M | 18.86% |
| Goldman Sachs & Co. LLC | $49.8M | 11.05% |
| BNY Capital Markets, LLC | $42.4M | 9.41% |
| Yung Shin Securities Co., Ltd. | $34.2M | 7.60% |
| Scotia Capital (USA) Inc. | $32.5M | 7.21% |
| BNP Paribas Securities Corp. | $1.3M | 0.29% |
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.