C000159171 Fees and Costs — Zevenbergen Genea Fund, Institutional Class
Data updated: 2024-02-29
The net expense ratio is 1.00%: a 0.80% management fee plus 0.56% other expenses, less a 0.36% fee waiver. This share class carries a redemption fee of 1.00%. In fiscal 2023 the fund paid $24K in broker commissions, 0.0337% of average net assets, and portfolio turnover was 20%.
C000159171 Fees and Expenses
Annual operating expenses and sales charges of C000159171. Prospectus, as of October 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.56% |
| Gross expense ratio | 1.36% |
| Fee waiver | −0.36% |
| Net expense ratio | 1.00% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | 1.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000159171 Costs Over Time
On $10,000 invested in C000159171, assuming 5% a year before costs, total costs come to $646 over 5 years, cutting the return by 1.09% 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 | $327 | $568 |
| Trading costs (broker commissions) | $4 | $11 | $19 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $109 | $355 | $646 |
| Value after costs | $10,391 | $11,221 | $12,117 |
| Impact on return, per year | 1.09% | 1.09% | 1.09% |
C000159171 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): 0.0337%
- Total broker commissions: $24K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 20%
- Securities lending: none during the year
C000159171 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET LLC | $4K | 21.84% |
| ISI FINANCIAL GROUP INC | $2K | 13.32% |
| RBC CAPITAL MARKETS LLC | $2K | 11.21% |
| PIPER JAFFRAY INVESTMENT MANAGEMENT, LLC | $2K | 11.18% |
| J.P. MORGAN SECURITIES LLC | $2K | 8.94% |
| NEEDHAM & COMPANY LLC | $1K | 7.53% |
| KEYBANC CAPITAL MARKETS INC. | $1K | 7.29% |
| RAYMOND JAMES & ASSOCIATES, INC. | $1K | 6.60% |
| GOLDMAN SACHS & CO. LLC | $1K | 6.13% |
| CANACCORD GENUITY LLC | $1K | 5.97% |
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.