C000142357 Fees and Costs — BMO Mid-Cap Value Fund, Class A
Data updated: 2022-01-19
The net expense ratio is 1.24%: a 0.68% management fee, a 0.25% 12b-1 fee plus 0.75% other expenses, less a 0.44% 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 $32K in broker commissions, 0.0664% of average net assets, and portfolio turnover was 50%.
C000142357 Fees and Expenses
Annual operating expenses and sales charges of C000142357. Prospectus, as of December 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.68% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.75% |
| Gross expense ratio | 1.68% |
| Fee waiver | −0.44% |
| Net expense ratio | 1.24% |
| 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 |
C000142357 Costs Over Time
On $10,000 invested in C000142357, assuming 5% a year before costs, total costs come to $1,410 over 5 years, cutting the return by 2.43% 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 | $598 | $500 | $500 |
| Fund expenses (net expense ratio 1.24%) | $124 | $385 | $665 |
| Trading costs (broker commissions) | $7 | $21 | $36 |
| Lost growth on money paid in costs | $25 | $99 | $209 |
| Total costs | $754 | $1,004 | $1,410 |
| Value after costs | $9,746 | $10,572 | $11,353 |
| Impact on return, per year | 7.54% | 3.13% | 2.43% |
C000142357 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): 0.0664%
- Total broker commissions: $32K
- Bought from dealers (principal trades, not a cost): $25.0M
- Portfolio turnover (prospectus): 50%
- Securities on loan, average value: $4.6M
- Net income from securities lending: $19K (0.040% of average net assets)
C000142357 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $8K | 27.90% |
| Barclays Capital Inc. | $6K | 18.19% |
| Cowen and Company, LLC | $4K | 12.76% |
| Capital Institutional Services, Inc. | $3K | 9.44% |
| Raymond James & Associates, Inc. | $3K | 8.32% |
| Sanford C. Bernstein & Co., LLC | $2K | 5.40% |
| Instinet, LLC | $2K | 5.20% |
| Cantor Fitzgerald & Co. | $2K | 5.02% |
| Stephens Inc. | $1K | 4.17% |
| Jefferies LLC | $1K | 3.60% |
C000142357 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $25.0M | 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.