C000175128 Fees and Costs — AMG TimesSquare Emerging Markets Small Cap Fund, Class I
Data updated: 2024-11-26
The net expense ratio is 1.37%: a 0.95% management fee plus 5.62% other expenses, less a 5.20% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $17K in broker commissions, 0.6012% of average net assets, and portfolio turnover was 81%.
C000175128 Fees and Expenses
Annual operating expenses and sales charges of C000175128. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | 0.00% |
| Other expenses | 5.62% |
| Gross expense ratio | 6.57% |
| Fee waiver | −5.20% |
| Net expense ratio | 1.37% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000175128 Costs Over Time
On $10,000 invested in C000175128, assuming 5% a year before costs, total costs come to $1,209 over 5 years, cutting the return by 2.07% 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 1.37%) | $144 | $444 | $763 |
| Trading costs (broker commissions) | $63 | $195 | $335 |
| Lost growth on money paid in costs | $0 | $32 | $112 |
| Total costs | $207 | $671 | $1,209 |
| Value after costs | $10,293 | $10,905 | $11,554 |
| Impact on return, per year | 2.07% | 2.07% | 2.07% |
C000175128 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.6012%
- Total broker commissions: $17K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 81%
- Securities on loan, average value: $2K
- Net income from securities lending: $34 (0.001% of average net assets)
C000175128 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| ARQAAM CAPITAL LIMITED | $2K | 15.31% |
| AUERBACH GRAYSON & COMPANY LLC | $2K | 13.98% |
| SAMSUNG SECURITIES (AMERICA), INC. | $2K | 12.88% |
| KGI SECURITIES CO. LTD. | $1K | 9.03% |
| CLSA AMERICAS, LLC | $1K | 8.85% |
| MACQUARIE CAPITAL (USA), INC. | $1K | 8.73% |
| GOLDMAN SACHS & CO. LLC | $1K | 8.37% |
| NUVAMA WEALTH MANAGEMENT LIMITED | $978 | 8.15% |
| PERSHING LLC | $920 | 7.66% |
| Ambit Capital Private Limited | $844 | 7.03% |
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.