C000159169 Fees and Costs — Zevenbergen Growth Fund, Institutional Class
Data updated: 2024-02-29
The net expense ratio is 1.00%: a 0.80% management fee plus 0.45% other expenses, less a 0.25% fee waiver. This share class carries a redemption fee of 1.00%. In fiscal 2023 the fund paid $20K in broker commissions, 0.0236% of average net assets, and portfolio turnover was 22%.
C000159169 Fees and Expenses
Annual operating expenses and sales charges of C000159169. Prospectus, as of October 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.45% |
| Gross expense ratio | 1.25% |
| Fee waiver | −0.25% |
| Net expense ratio | 1.00% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | 1.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000159169 Costs Over Time
On $10,000 invested in C000159169, assuming 5% a year before costs, total costs come to $640 over 5 years, cutting the return by 1.07% 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 1.00%) | $105 | $328 | $568 |
| Trading costs (broker commissions) | $2 | $8 | $13 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $107 | $352 | $640 |
| Value after costs | $10,393 | $11,224 | $12,123 |
| Impact on return, per year | 1.07% | 1.07% | 1.07% |
C000159169 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0236%
- Total broker commissions: $20K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 22%
- Securities lending: none during the year
C000159169 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| ISI FINANCIAL GROUP INC | $5K | 27.88% |
| GOLDMAN SACHS & CO. LLC | $2K | 12.74% |
| J.P. MORGAN SECURITIES LLC | $2K | 9.65% |
| JEFFERIES LLC | $1K | 8.23% |
| WILLIAM BLAIR & COMPANY L.L.C. | $1K | 7.82% |
| INSTINET LLC | $1K | 7.70% |
| ROBERT W. BAIRD & CO. INCORPORATED | $1K | 7.26% |
| PIPER JAFFRAY INVESTMENT MANAGEMENT, LLC | $1K | 7.05% |
| MORGAN STANLEY & CO. LLC | $1K | 6.18% |
| KEYBANC CAPITAL MARKETS INC. | $894 | 5.49% |
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.