C000128312 Fees and Costs — BMO Balanced Allocation Fund, Class R3
Data updated: 2022-01-19
The net expense ratio is 1.05% (1.22% before fee waivers). There are no sales loads or redemption fees. In fiscal 2021 the fund paid $3K in broker commissions, 0.0011% of average net assets, and portfolio turnover was 20%.
C000128312 Fees and Expenses
Annual operating expenses and sales charges of C000128312. Prospectus, as of December 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.25% |
| Gross expense ratio | 1.22% |
| Fee waiver | −0.17% |
| Net expense ratio | 1.05% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000128312 Costs Over Time
On $10,000 invested in C000128312, assuming 5% a year before costs, total costs come to $657 over 5 years, cutting the return by 1.10% 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 1.05%) | $110 | $344 | $596 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $110 | $361 | $657 |
| Value after costs | $10,390 | $11,215 | $12,106 |
| Impact on return, per year | 1.10% | 1.10% | 1.10% |
C000128312 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0011%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $91.4M
- Portfolio turnover (prospectus): 20%
- Securities lending: none during the year
C000128312 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Robert W. Baird & Co. Incorporated | $1K | 38.76% |
| Barclays Capital Inc. | $947 | 36.02% |
| Virtu Americas LLC | $434 | 16.52% |
| J.P. Morgan Securities LLC | $139 | 5.29% |
| Piper Sandler & Co. | $51 | 1.94% |
| Jefferies LLC | $39 | 1.47% |
C000128312 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $91.4M | 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.