C000159726 Fees and Costs — Segall Bryant & Hamill Emerging Markets Fund, Class A
Data updated: 2020-01-14
The net expense ratio is 1.48%: a 0.90% management fee, a 0.25% 12b-1 fee plus 1.34% other expenses, less a 1.01% fee waiver. This share class carries a maximum front-end sales load of 5.75%, a deferred sales charge of up to 1.00% and a redemption fee of 2.00%. In fiscal 2019 the fund paid $58K in broker commissions, 0.1736% of average net assets, and portfolio turnover was 99%.
C000159726 Fees and Expenses
Annual operating expenses and sales charges of C000159726. Prospectus, as of February 28, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.25% |
| Other expenses | 1.34% |
| Gross expense ratio | 2.49% |
| Fee waiver | −1.01% |
| Net expense ratio | 1.48% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 | Yes |
C000159726 Costs Over Time
On $10,000 invested in C000159726, assuming 5% a year before costs, total costs come to $1,696 over 5 years, cutting the return by 2.95% 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 | $672 | $575 | $575 |
| Fund expenses (net expense ratio 1.48%) | $146 | $454 | $782 |
| Trading costs (broker commissions) | $17 | $53 | $92 |
| Lost growth on money paid in costs | $29 | $116 | $248 |
| Total costs | $865 | $1,198 | $1,696 |
| Value after costs | $9,635 | $10,378 | $11,067 |
| Impact on return, per year | 8.65% | 3.75% | 2.95% |
C000159726 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.1736%
- Total broker commissions: $58K
- Bought from dealers (principal trades, not a cost): $16K
- Portfolio turnover (prospectus): 99%
- Securities lending: none during the year
C000159726 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $20K | 34.62% |
| MACQUARIE CAPITAL (USA) INC. | $20K | 34.43% |
| UBS SECURITIES LLC | $18K | 30.96% |
C000159726 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $16K | 99.98% |
| UBS SECURITIES LLC | $2 | 0.01% |
| MACQUARIE CAPITAL (USA) INC. | $1 | 0.01% |
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.