C000127065 Fees and Costs — Global Equity Fund, Class NAV
Data updated: 2026-07-27
The net expense ratio is 0.88%: a 0.80% management fee plus 0.09% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $327K in broker commissions, 0.0497% of average net assets, and portfolio turnover was 36%.
C000127065 Fees and Expenses
Annual operating expenses and sales charges of C000127065. Prospectus, as of December 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | — |
| Other expenses | 0.09% |
| Gross expense ratio | 0.89% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.88% |
| Sales charges | |
|---|---|
| Max front load | — |
| 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 |
C000127065 Costs Over Time
On $10,000 invested in C000127065, assuming 5% a year before costs, total costs come to $582 over 5 years, cutting the return by 0.98% 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 0.88%) | $92 | $289 | $501 |
| Trading costs (broker commissions) | $5 | $16 | $28 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $98 | $320 | $582 |
| Value after costs | $10,402 | $11,256 | $12,180 |
| Impact on return, per year | 0.98% | 0.98% | 0.98% |
C000127065 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0497%
- Total broker commissions: $327K
- Bought from dealers (principal trades, not a cost): $716.6M
- Portfolio turnover (prospectus): 36%
- Securities lending: none during the year
C000127065 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $68K | 24.52% |
| Citigroup Global Markets Holdings Inc. | $50K | 18.13% |
| Goldman Sachs & Co. LLC | $39K | 14.29% |
| J.P. Morgan Securities LLC | $32K | 11.56% |
| UBS AG | $31K | 11.33% |
| Barclays Bank PLC | $17K | 5.99% |
| Virtu Financial Ireland Limited | $11K | 3.92% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $10K | 3.72% |
| Sanford C. Bernstein & Co., LLC | $9K | 3.43% |
| Instinet, LLC | $9K | 3.10% |
C000127065 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Holdings Inc. | $649.9M | 90.69% |
| Mizuho Securities Co., Ltd. | $39.8M | 5.56% |
| TD Securities Inc. | $18.0M | 2.51% |
| UBS AG | $8.9M | 1.24% |
Global Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000127065 | Class NAV | 0.88% | — |
| JGEMX | Class R6 | 0.89% | none |
| JGEFX | Class I | 1.00% | none |
| JGETX | Class R4 | 1.14% | none |
| JHGEX | Class A | 1.30% | 5.00% |
| JGERX | Class R2 | 1.39% | none |
| JGECX | Class C | 2.00% | none |
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.