C000159728 Fees and Costs — Segall Bryant & Hamill International Small Cap Fund, Class A
Data updated: 2020-01-14
The net expense ratio is 1.28%: a 0.90% management fee, a 0.25% 12b-1 fee plus 0.29% other expenses, less a 0.16% 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 $400K in broker commissions, 0.1363% of average net assets, and portfolio turnover was 111%.
C000159728 Fees and Expenses
Annual operating expenses and sales charges of C000159728. Prospectus, as of February 28, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.29% |
| Gross expense ratio | 1.44% |
| Fee waiver | −0.16% |
| Net expense ratio | 1.28% |
| 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 |
C000159728 Costs Over Time
On $10,000 invested in C000159728, assuming 5% a year before costs, total costs come to $1,562 over 5 years, cutting the return by 2.71% 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 | $673 | $575 | $575 |
| Fund expenses (net expense ratio 1.28%) | $127 | $394 | $679 |
| Trading costs (broker commissions) | $13 | $42 | $72 |
| Lost growth on money paid in costs | $29 | $112 | $235 |
| Total costs | $841 | $1,123 | $1,562 |
| Value after costs | $9,659 | $10,454 | $11,201 |
| Impact on return, per year | 8.41% | 3.51% | 2.71% |
C000159728 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): 0.1363%
- Total broker commissions: $400K
- Bought from dealers (principal trades, not a cost): $3.6M
- Portfolio turnover (prospectus): 111%
- Securities lending: none during the year
C000159728 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS INC. | $120K | 29.95% |
| UBS SECURITIES LLC | $77K | 19.24% |
| CREDIT SUISSE SECURITIES (USA) LLC | $76K | 18.98% |
| J.P. MORGAN SECURITIES LLC | $70K | 17.40% |
| MACQUARIE CAPITAL (USA) INC. | $49K | 12.31% |
| MIZUHO SECURITIES USA LLC | $8K | 2.11% |
C000159728 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS INC. | $2.3M | 64.49% |
| MACQUARIE CAPITAL (USA) INC. | $697K | 19.39% |
| NEWEDGE FINANCIAL INC. | $579K | 16.12% |
| CREDIT SUISSE SECURITIES (USA) LLC | $14 | 0.00% |
| MIZUHO SECURITIES USA LLC | $0 | 0.00% |
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.