C000138297 Fees and Costs — AMG SouthernSun Small Cap Fund, Class I
Data updated: 2021-02-24
The net expense ratio is 1.01%: a 0.75% management fee plus 0.25% other expenses. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $72K in broker commissions, 0.0466% of average net assets, and portfolio turnover was 25%.
C000138297 Fees and Expenses
Annual operating expenses and sales charges of C000138297. Prospectus, as of January 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.25% |
| Gross expense ratio | 1.01% |
| Fee waiver | — |
| Net expense ratio | 1.01% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000138297 Costs Over Time
On $10,000 invested in C000138297, assuming 5% a year before costs, total costs come to $660 over 5 years, cutting the return by 1.11% 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 1.01%) | $106 | $331 | $573 |
| Trading costs (broker commissions) | $5 | $15 | $26 |
| Lost growth on money paid in costs | $0 | $17 | $61 |
| Total costs | $111 | $363 | $660 |
| Value after costs | $10,389 | $11,213 | $12,103 |
| Impact on return, per year | 1.11% | 1.11% | 1.11% |
C000138297 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): 0.0466%
- Total broker commissions: $72K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 25%
- Securities on loan, average value: $11.0M
- Net income from securities lending: $13K (0.008% of average net assets)
C000138297 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Robert W. Baird & Co. Incorporated | $10K | 15.96% |
| IMPERIAL CAPITAL, LLC | $9K | 15.17% |
| BARCLAYS CAPITAL, INC. | $7K | 11.73% |
| KEYBANC CAPITAL MARKETS, INC. | $7K | 11.18% |
| Berenberg Capital Markets LLC | $6K | 9.70% |
| Stephens, Inc. | $5K | 8.62% |
| ITAU BBA USA SECURITIES, INC. | $4K | 7.28% |
| GOLDMAN SACHS & CO. LLC | $4K | 7.06% |
| HEIGHT CAPITAL MARKETS | $4K | 6.73% |
| BMO CAPITAL MARKETS CORP. | $4K | 6.57% |
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.