C000122590 Fees and Costs — Columbia Select International Equity Fund, Advisor Class
Data updated: 2020-07-28
The net expense ratio is 1.04%: a 0.87% management fee plus 0.34% other expenses, less a 0.17% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $110K in broker commissions, 0.0418% of average net assets, and portfolio turnover was 31%.
C000122590 Fees and Expenses
Annual operating expenses and sales charges of C000122590. Prospectus, as of June 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.87% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.34% |
| Gross expense ratio | 1.21% |
| Fee waiver | −0.17% |
| Net expense ratio | 1.04% |
| 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 | No |
C000122590 Costs Over Time
On $10,000 invested in C000122590, assuming 5% a year before costs, total costs come to $676 over 5 years, cutting the return by 1.14% 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 1.04%) | $109 | $340 | $590 |
| Trading costs (broker commissions) | $4 | $14 | $24 |
| Lost growth on money paid in costs | $0 | $18 | $62 |
| Total costs | $114 | $372 | $676 |
| Value after costs | $10,386 | $11,205 | $12,087 |
| Impact on return, per year | 1.14% | 1.14% | 1.14% |
C000122590 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 29, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0418%
- Total broker commissions: $110K
- Bought from dealers (principal trades, not a cost): $1.2M
- Portfolio turnover (prospectus): 31%
- Securities lending: none during the year
C000122590 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley International | $15K | 18.36% |
| UBS | $15K | 18.08% |
| Citi | $9K | 10.97% |
| Credit Suisse | $8K | 9.98% |
| Jefferies LLC | $8K | 9.73% |
| Goldman Sachs International | $7K | 8.84% |
| HSBC | $5K | 6.57% |
| Deutsche Bank | $5K | 6.19% |
| Liquidnet Inc | $5K | 5.80% |
| Credit Agricole Securities USA Inc | $4K | 5.47% |
C000122590 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs International | $1.2M | 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.