C000122573 Fees and Costs — Columbia Global Strategic Equity Fund, Institutional 2 Class
Data updated: 2020-06-23
The net expense ratio is 0.90%. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $69K in broker commissions, 0.0111% of average net assets, and portfolio turnover was 17%.
C000122573 Fees and Expenses
Annual operating expenses and sales charges of C000122573. Prospectus, as of May 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.07% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.11% |
| Gross expense ratio | 0.90% |
| Fee waiver | — |
| Net expense ratio | 0.90% |
| 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 | No |
| Waived fees subject to recoupment | No |
C000122573 Costs Over Time
On $10,000 invested in C000122573, assuming 5% a year before costs, total costs come to $571 over 5 years, cutting the return by 0.96% 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 0.90%) | $94 | $295 | $512 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $96 | $314 | $571 |
| Value after costs | $10,404 | $11,263 | $12,192 |
| Impact on return, per year | 0.96% | 0.96% | 0.96% |
C000122573 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0111%
- Total broker commissions: $69K
- Bought from dealers (principal trades, not a cost): $184K
- Portfolio turnover (prospectus): 17%
- Securities lending: none during the year
C000122573 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Credit Suisse | $18K | 28.75% |
| Morgan Stanley | $9K | 14.55% |
| Daiwa Capital Markets America Inc | $7K | 10.66% |
| UBS | $6K | 9.65% |
| Mizuho | $5K | 8.77% |
| Instinet LLC | $5K | 7.84% |
| CLSA Americas LLC | $4K | 6.05% |
| JPMorgan | $3K | 5.32% |
| SMBC Nikko Securities America Inc. | $3K | 4.89% |
| Goldman Sachs | $2K | 3.54% |
C000122573 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Daiwa Capital Markets America Inc | $184K | 100.00% |
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.