C000122685 Fees and Costs — Columbia Global Energy and Natural Resources Fund, Advisor Class
Data updated: 2020-07-28
The net expense ratio is 1.09%: a 0.75% management fee plus 0.33% other expenses. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $61K in broker commissions, 0.0313% of average net assets, and portfolio turnover was 13%.
C000122685 Fees and Expenses
Annual operating expenses and sales charges of C000122685. Prospectus, as of December 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.33% |
| Gross expense ratio | 1.09% |
| Fee waiver | — |
| Net expense ratio | 1.09% |
| 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 |
C000122685 Costs Over Time
On $10,000 invested in C000122685, assuming 5% a year before costs, total costs come to $700 over 5 years, cutting the return by 1.18% 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 1.09%) | $114 | $357 | $618 |
| Trading costs (broker commissions) | $3 | $10 | $18 |
| Lost growth on money paid in costs | $0 | $18 | $64 |
| Total costs | $118 | $385 | $700 |
| Value after costs | $10,382 | $11,191 | $12,063 |
| Impact on return, per year | 1.18% | 1.18% | 1.18% |
C000122685 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0313%
- Total broker commissions: $61K
- Bought from dealers (principal trades, not a cost): $1.3M
- Portfolio turnover (prospectus): 13%
- Securities lending: none during the year
C000122685 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMorgan | $19K | 32.61% |
| UBS | $9K | 14.70% |
| Deutsche Bank | $8K | 13.32% |
| Credit Suisse | $8K | 13.26% |
| Goldman Sachs | $6K | 10.85% |
| Morgan Stanley | $5K | 8.04% |
| Cowen | $1K | 2.11% |
| RBC Capital Markets | $1K | 1.98% |
| BMO | $994 | 1.68% |
| Jeffries | $859 | 1.45% |
C000122685 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Credit Suisse | $685K | 52.12% |
| Goldman Sachs | $630K | 47.88% |
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.