C000142366 Fees and Costs — BMO LGM Emerging Markets Equity Fund, Class A
Data updated: 2022-01-19
The net expense ratio is 1.40%: a 0.90% management fee, a 0.25% 12b-1 fee plus 0.36% other expenses, less a 0.11% fee waiver. This share class carries a maximum front-end sales load of 5.00%, a deferred sales charge of up to 1.00% and a redemption fee of 2.00%. In fiscal 2021 the fund paid $186K in broker commissions, 0.0606% of average net assets, and portfolio turnover was 45%.
C000142366 Fees and Expenses
Annual operating expenses and sales charges of C000142366. Prospectus, as of December 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.36% |
| Gross expense ratio | 1.51% |
| Fee waiver | −0.11% |
| Net expense ratio | 1.40% |
| Sales charges | |
|---|---|
| Max front load | 5.00% |
| Max deferred load | 1.00% |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000142366 Costs Over Time
On $10,000 invested in C000142366, assuming 5% a year before costs, total costs come to $1,498 over 5 years, cutting the return by 2.59% 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 1.40%) | $140 | $434 | $748 |
| Trading costs (broker commissions) | $6 | $19 | $32 |
| Lost growth on money paid in costs | $25 | $101 | $217 |
| Total costs | $769 | $1,054 | $1,498 |
| Value after costs | $9,731 | $10,523 | $11,265 |
| Impact on return, per year | 7.69% | 3.29% | 2.59% |
C000142366 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): 0.0606%
- Total broker commissions: $186K
- Bought from dealers (principal trades, not a cost): $249.8M
- Portfolio turnover (prospectus): 45%
- Securities on loan, average value: $1.1M
- Net income from securities lending: $3K (0.001% of average net assets)
C000142366 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| HSBC Securities (USA) Inc. | $46K | 33.28% |
| UBS Securities LLC | $23K | 16.62% |
| Maybank Kim Eng Securities USA Inc. | $12K | 8.81% |
| CLSA Americas, LLC | $12K | 8.46% |
| Cty Co Phan Chung Khoan Ban Viet | $11K | 8.23% |
| BofA Securities, Inc. | $10K | 7.04% |
| CICC US Securities, Inc. | $7K | 5.41% |
| Instinet, LLC | $6K | 4.09% |
| IIFL Capital Inc. | $6K | 4.07% |
| Credit Suisse Securities (USA) LLC | $6K | 3.99% |
C000142366 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $249.8M | 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.