C000142355 Fees and Costs — BMO Large-Cap Growth Fund, Class A
Data updated: 2022-01-19
The net expense ratio is 0.79%: a 0.35% management fee, a 0.25% 12b-1 fee plus 0.23% other expenses, less a 0.04% fee waiver. This share class carries a maximum front-end sales load of 5.00% and a deferred sales charge of up to 1.00%. In fiscal 2021 the fund paid $88K in broker commissions, 0.0176% of average net assets, and portfolio turnover was 50%.
C000142355 Fees and Expenses
Annual operating expenses and sales charges of C000142355. Prospectus, as of December 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.23% |
| Gross expense ratio | 0.83% |
| Fee waiver | −0.04% |
| Net expense ratio | 0.79% |
| Sales charges | |
|---|---|
| Max front load | 5.00% |
| Max deferred load | 1.00% |
| 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 |
C000142355 Costs Over Time
On $10,000 invested in C000142355, assuming 5% a year before costs, total costs come to $1,120 over 5 years, cutting the return by 1.91% 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 |
| Sales charges | $599 | $500 | $500 |
| Fund expenses (net expense ratio 0.79%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $2 | $5 | $10 |
| Lost growth on money paid in costs | $25 | $91 | $182 |
| Total costs | $705 | $843 | $1,120 |
| Value after costs | $9,795 | $10,733 | $11,643 |
| Impact on return, per year | 7.05% | 2.61% | 1.91% |
C000142355 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): 0.0176%
- Total broker commissions: $88K
- Bought from dealers (principal trades, not a cost): $194.8M
- Portfolio turnover (prospectus): 50%
- Securities on loan, average value: $18.6M
- Net income from securities lending: $52K (0.010% of average net assets)
C000142355 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Cowen and Company, LLC | $19K | 24.99% |
| Virtu Americas LLC | $16K | 20.81% |
| Instinet, LLC | $10K | 13.36% |
| Capital Institutional Services, Inc. | $9K | 11.53% |
| National Financial Services LLC | $8K | 10.49% |
| RBC Capital Markets, LLC | $6K | 8.30% |
| Jefferies LLC | $2K | 2.96% |
| BofA Securities, Inc. | $2K | 2.70% |
| Cantor Fitzgerald & Co. | $2K | 2.50% |
| J.P. Morgan Securities LLC | $2K | 2.36% |
C000142355 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $194.8M | 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.