C000134118 Fees and Costs — Invesco Global Market Neutral Fund, Class R
Data updated: 2020-09-29
The net expense ratio is 1.75%: a 0.95% management fee, a 0.50% 12b-1 fee plus 2.70% other expenses, less a 2.41% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 144%.
C000134118 Fees and Expenses
Annual operating expenses and sales charges of C000134118. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | 0.50% |
| Other expenses | 2.70% |
| Gross expense ratio | 4.16% |
| Fee waiver | −2.41% |
| Net expense ratio | 1.75% |
| 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 | Yes |
| Waived fees subject to recoupment | No |
C000134118 Costs Over Time
On $10,000 invested in C000134118, assuming 5% a year before costs, total costs come to $1,078 over 5 years, cutting the return by 1.84% 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 1.75%) | $184 | $569 | $979 |
| Lost growth on money paid in costs | $0 | $28 | $100 |
| Total costs | $184 | $597 | $1,078 |
| Value after costs | $10,316 | $10,979 | $11,684 |
| Impact on return, per year | 1.84% | 1.84% | 1.84% |
C000134118 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 144%
- Securities lending: none during the year
C000134118 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $2K | 43.23% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $616 | 13.94% |
| MACQUARIE CAPITAL (USA) INC. | $565 | 12.78% |
| COWEN AND COMPANY | $509 | 11.52% |
| INSTINET, LLC | $481 | 10.88% |
| LIQUIDNET, INC. | $90 | 2.04% |
| GOLDMAN, SACHS & CO. | $86 | 1.96% |
| UBS SECURITIES LLC | $67 | 1.52% |
| ITG INC. | $51 | 1.15% |
| CREDIT SUISSE SECURITIES (USA) LLC | $43 | 0.98% |
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.