C000184223 Fees and Costs — Janus Henderson International Small Cap Fund, Class S
Data updated: 2020-05-29
The net expense ratio is 1.50%: a 0.99% management fee, a 0.25% 12b-1 fee plus 9.03% other expenses, less a 8.77% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $12K in broker commissions, 0.1269% of average net assets, and portfolio turnover was 72%.
C000184223 Fees and Expenses
Annual operating expenses and sales charges of C000184223. Prospectus, as of January 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.99% |
| 12b-1 fee | 0.25% |
| Other expenses | 9.03% |
| Gross expense ratio | 10.27% |
| Fee waiver | −8.77% |
| Net expense ratio | 1.50% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000184223 Costs Over Time
On $10,000 invested in C000184223, assuming 5% a year before costs, total costs come to $1,005 over 5 years, cutting the return by 1.71% 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 |
| Fund expenses (net expense ratio 1.50%) | $158 | $488 | $841 |
| Trading costs (broker commissions) | $13 | $41 | $71 |
| Lost growth on money paid in costs | $0 | $26 | $93 |
| Total costs | $171 | $556 | $1,005 |
| Value after costs | $10,329 | $11,020 | $11,758 |
| Impact on return, per year | 1.71% | 1.71% | 1.71% |
C000184223 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.1269%
- Total broker commissions: $12K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 72%
- Securities lending: none during the year
C000184223 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Limited | $4K | 31.32% |
| Citigroup Global Markets Limited | $3K | 25.62% |
| Credit Suisse Securities (USA) LLC | $2K | 13.13% |
| MACQUARIE CAPITAL LIMITED | $1K | 8.85% |
| MERRILL LYNCH EQUITIES LIMITED | $887 | 7.72% |
| Morgan Stanley & Co. International PLC | $514 | 4.47% |
| UBS Securities Australia Ltd | $474 | 4.13% |
| BANK OF AMERICA MERRILL LYNCH INTERNATIONAL DESIGNATED ACTIVITY COMPANY | $245 | 2.13% |
| Nomura International PLC | $156 | 1.36% |
| Credit Suisse Securities (Europe) Limited | $146 | 1.27% |
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.