C000131098 Fees and Costs — JOHCM Emerging Markets Opportunities Fund, Class II
Data updated: 2021-08-27
The net expense ratio is 1.32%: a 0.90% management fee, a 0.25% 12b-1 fee plus 0.17% other expenses. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $479K in broker commissions, 0.0810% of average net assets, and portfolio turnover was 53%.
C000131098 Fees and Expenses
Annual operating expenses and sales charges of C000131098. Prospectus, as of January 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.17% |
| Gross expense ratio | 1.32% |
| Fee waiver | — |
| Net expense ratio | 1.32% |
| 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 |
C000131098 Costs Over Time
On $10,000 invested in C000131098, assuming 5% a year before costs, total costs come to $869 over 5 years, cutting the return by 1.47% 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 1.32%) | $139 | $431 | $744 |
| Trading costs (broker commissions) | $9 | $26 | $46 |
| Lost growth on money paid in costs | $0 | $23 | $80 |
| Total costs | $147 | $480 | $869 |
| Value after costs | $10,353 | $11,096 | $11,893 |
| Impact on return, per year | 1.47% | 1.47% | 1.47% |
C000131098 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0810%
- Total broker commissions: $479K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 53%
- Securities lending: none during the year
C000131098 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CREDIT AGRICOLE SECURITIES (USA) INC. | $107K | 27.77% |
| J.P. MORGAN SECURITIES PLC | $54K | 14.07% |
| GOLDMAN SACHS INTERNATIONAL | $39K | 10.14% |
| UBS AG | $38K | 9.95% |
| CREDIT SUISSE SECURITIES (EUROPE) LIMITED | $35K | 9.18% |
| HSBC BANK PLC | $33K | 8.48% |
| LIQUIDNET EUROPE LIMITED | $24K | 6.24% |
| JEFFERIES INTERNATIONAL LIMITED | $20K | 5.09% |
| NH Investment & Securities Co., Ltd. | $18K | 4.76% |
| COWEN EXECUTION SERVICES LIMITED | $17K | 4.30% |
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.