C000124491 Fees and Costs — AMG River Road International Value Equity Fund, Class I
Data updated: 2024-03-25
The net expense ratio is 0.78%: a 0.53% management fee plus 1.33% other expenses, less a 1.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $15K in broker commissions, 0.1651% of average net assets, and portfolio turnover was 51%.
C000124491 Fees and Expenses
Annual operating expenses and sales charges of C000124491. Prospectus, as of February 28, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.53% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.33% |
| Gross expense ratio | 1.86% |
| Fee waiver | −1.08% |
| Net expense ratio | 0.78% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000124491 Costs Over Time
On $10,000 invested in C000124491, assuming 5% a year before costs, total costs come to $592 over 5 years, cutting the return by 0.99% 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 0.78%) | $82 | $256 | $444 |
| Trading costs (broker commissions) | $17 | $54 | $94 |
| Lost growth on money paid in costs | $0 | $15 | $54 |
| Total costs | $99 | $325 | $592 |
| Value after costs | $10,401 | $11,251 | $12,171 |
| Impact on return, per year | 0.99% | 0.99% | 0.99% |
C000124491 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.1651%
- Total broker commissions: $15K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 51%
- Securities on loan, average value: $128K
- Net income from securities lending: $1K (0.014% of average net assets)
C000124491 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $14K | 94.27% |
| GOLDMAN SACHS & CO. LLC | $857 | 5.73% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.