C000142376 Fees and Costs — BMO Pyrford International Stock Fund, Class A
Data updated: 2022-01-19
The net expense ratio is 1.19%: a 0.73% management fee, a 0.25% 12b-1 fee plus 0.22% other expenses, less a 0.01% 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 $91K in broker commissions, 0.0124% of average net assets, and portfolio turnover was 28%.
C000142376 Fees and Expenses
Annual operating expenses and sales charges of C000142376. Prospectus, as of December 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.73% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.22% |
| Gross expense ratio | 1.20% |
| Fee waiver | −0.01% |
| Net expense ratio | 1.19% |
| 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 |
C000142376 Costs Over Time
On $10,000 invested in C000142376, assuming 5% a year before costs, total costs come to $1,350 over 5 years, cutting the return by 2.32% 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 1.19%) | $119 | $370 | $640 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $25 | $97 | $204 |
| Total costs | $743 | $971 | $1,350 |
| Value after costs | $9,757 | $10,605 | $11,413 |
| Impact on return, per year | 7.43% | 3.02% | 2.32% |
C000142376 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): 0.0124%
- Total broker commissions: $91K
- Bought from dealers (principal trades, not a cost): $350.5M
- Portfolio turnover (prospectus): 28%
- Securities on loan, average value: $17.5M
- Net income from securities lending: $156K (0.021% of average net assets)
C000142376 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Macquarie Capital (USA) Inc. | $13K | 14.77% |
| SG Americas Securities, LLC | $13K | 14.54% |
| Morgan Stanley & Co. LLC | $12K | 13.90% |
| Sanford C. Bernstein & Co., LLC | $11K | 12.22% |
| J.P. Morgan Securities LLC | $10K | 11.80% |
| Instinet, LLC | $8K | 9.48% |
| Credit Suisse Securities (USA) LLC | $7K | 8.03% |
| CLSA Americas, LLC | $5K | 5.27% |
| Citigroup Global Markets Inc. | $5K | 5.22% |
| Kepler Capital Markets, Inc. | $4K | 4.76% |
C000142376 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $350.5M | 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.