C000167158 Fees and Costs — BMO Large-Cap Value Fund, Class R6
Data updated: 2022-01-19
The net expense ratio is 0.39%: a 0.35% management fee plus 0.11% other expenses, less a 0.07% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $117K in broker commissions, 0.0390% of average net assets, and portfolio turnover was 60%.
C000167158 Fees and Expenses
Annual operating expenses and sales charges of C000167158. Prospectus, as of December 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.11% |
| Gross expense ratio | 0.46% |
| Fee waiver | −0.07% |
| Net expense ratio | 0.39% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000167158 Costs Over Time
On $10,000 invested in C000167158, assuming 5% a year before costs, total costs come to $271 over 5 years, cutting the return by 0.45% 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 0.39%) | $41 | $129 | $224 |
| Trading costs (broker commissions) | $4 | $13 | $22 |
| Lost growth on money paid in costs | $0 | $7 | $25 |
| Total costs | $45 | $148 | $271 |
| Value after costs | $10,455 | $11,428 | $12,491 |
| Impact on return, per year | 0.45% | 0.45% | 0.45% |
C000167158 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): 0.0390%
- Total broker commissions: $117K
- Bought from dealers (principal trades, not a cost): $120.5M
- Portfolio turnover (prospectus): 60%
- Securities on loan, average value: $25.2M
- Net income from securities lending: $51K (0.017% of average net assets)
C000167158 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Instinet, LLC | $28K | 26.79% |
| National Financial Services LLC | $17K | 16.13% |
| Capital Institutional Services, Inc. | $15K | 14.54% |
| Cowen and Company, LLC | $14K | 13.28% |
| Virtu Americas LLC | $9K | 8.49% |
| RBC Capital Markets, LLC | $7K | 6.35% |
| Jefferies LLC | $5K | 5.01% |
| Stephens Inc. | $4K | 3.89% |
| BofA Securities, Inc. | $3K | 3.07% |
| Raymond James & Associates, Inc. | $3K | 2.46% |
C000167158 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $120.5M | 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.