C000159349 Fees and Costs — BMO Disciplined International Equity Fund, Class I
Data updated: 2022-01-19
The net expense ratio is 0.90%: a 0.60% management fee plus 0.53% other expenses, less a 0.23% fee waiver. This share class carries a redemption fee of 2.00%. In fiscal 2021 the fund paid $68K in broker commissions, 0.1247% of average net assets, and portfolio turnover was 95%.
C000159349 Fees and Expenses
Annual operating expenses and sales charges of C000159349. Prospectus, as of December 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.53% |
| Gross expense ratio | 1.13% |
| Fee waiver | −0.23% |
| Net expense ratio | 0.90% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| 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 |
C000159349 Costs Over Time
On $10,000 invested in C000159349, assuming 5% a year before costs, total costs come to $641 over 5 years, cutting the return by 1.08% 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 0.90%) | $94 | $295 | $511 |
| Trading costs (broker commissions) | $13 | $41 | $71 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $108 | $352 | $641 |
| Value after costs | $10,392 | $11,224 | $12,122 |
| Impact on return, per year | 1.08% | 1.08% | 1.08% |
C000159349 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): 0.1247%
- Total broker commissions: $68K
- Bought from dealers (principal trades, not a cost): $60.4M
- Portfolio turnover (prospectus): 95%
- Securities on loan, average value: $1.1M
- Net income from securities lending: $11K (0.021% of average net assets)
C000159349 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $36K | 53.44% |
| Morgan Stanley & Co. LLC | $31K | 46.31% |
| Virtu Americas LLC | $74 | 0.11% |
| Capital Institutional Services, Inc. | $29 | 0.04% |
| Jefferies LLC | $23 | 0.03% |
| Cowen and Company, LLC | $12 | 0.02% |
| Raymond James & Associates, Inc. | $10 | 0.01% |
| Evercore Group L.L.C. | $8 | 0.01% |
| RBC Capital Markets, LLC | $7 | 0.01% |
| J.P. Morgan Securities LLC | $5 | 0.01% |
C000159349 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $60.4M | 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.