C000156917 Fees and Costs — Emerging Markets Equity Fund, Class NAV
Data updated: 2026-09-25
The net expense ratio is 0.89%: a 0.95% management fee plus 0.10% other expenses, less a 0.16% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $867K in broker commissions, 0.0651% of average net assets, and portfolio turnover was 33%.
C000156917 Fees and Expenses
Annual operating expenses and sales charges of C000156917. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | — |
| Other expenses | 0.10% |
| Gross expense ratio | 1.05% |
| Fee waiver | −0.16% |
| Net expense ratio | 0.89% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000156917 Costs Over Time
On $10,000 invested in C000156917, assuming 5% a year before costs, total costs come to $598 over 5 years, cutting the return by 1.00% 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 0.89%) | $93 | $292 | $506 |
| Trading costs (broker commissions) | $7 | $21 | $37 |
| Lost growth on money paid in costs | $0 | $15 | $55 |
| Total costs | $100 | $329 | $598 |
| Value after costs | $10,400 | $11,248 | $12,165 |
| Impact on return, per year | 1.00% | 1.00% | 1.00% |
C000156917 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0651%
- Total broker commissions: $867K
- Bought from dealers (principal trades, not a cost): $822.3M
- Portfolio turnover (prospectus): 33%
- Securities lending: none during the year
C000156917 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $158K | 20.50% |
| CITIC Securities International Company, Ltd. | $136K | 17.71% |
| Macquarie Group Limited | $84K | 10.97% |
| Citigroup Global Markets Holdings Inc. | $69K | 8.98% |
| Morgan Stanley & Co. LLC | $63K | 8.14% |
| HSBC Bank PLC | $58K | 7.56% |
| Investec Bank PLC | $57K | 7.37% |
| Goldman Sachs & Co. LLC | $52K | 6.81% |
| Jefferies LLC | $50K | 6.55% |
| Itau Unibanco S.A. | $42K | 5.41% |
C000156917 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Holdings Inc. | $816.2M | 99.26% |
| Morgan Stanley & Co. LLC | $6.1M | 0.74% |
Emerging Markets Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000156917 | Class NAV | 0.89% | — |
| JEMGX | Class R6 | 0.90% | none |
| JEMMX | Class I | 1.00% | none |
| JEMNX | Class R4 | 1.15% | none |
| JEMQX | Class A | 1.30% | 5.00% |
| JEMKX | Class R2 | 1.40% | none |
| JEMZX | Class C | 2.00% | none |
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.