C000188163 Fees and Costs — Chartwell Small Cap Value Fund
Data updated: 2022-08-29
The net expense ratio is 1.05%: a 0.90% management fee plus 0.25% other expenses, less a 0.10% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $104K in broker commissions, 0.0509% of average net assets, and portfolio turnover was 30%.
C000188163 Fees and Expenses
Annual operating expenses and sales charges of C000188163. Prospectus, as of April 30, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | — |
| Other expenses | 0.25% |
| Gross expense ratio | 1.15% |
| Fee waiver | −0.10% |
| Net expense ratio | 1.05% |
| 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 | Yes |
C000188163 Costs Over Time
On $10,000 invested in C000188163, assuming 5% a year before costs, total costs come to $687 over 5 years, cutting the return by 1.16% 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 1.05%) | $110 | $344 | $595 |
| Trading costs (broker commissions) | $5 | $17 | $29 |
| Lost growth on money paid in costs | $0 | $18 | $63 |
| Total costs | $116 | $378 | $687 |
| Value after costs | $10,384 | $11,198 | $12,076 |
| Impact on return, per year | 1.16% | 1.16% | 1.16% |
C000188163 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0509%
- Total broker commissions: $104K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 30%
- Securities lending: none during the year
C000188163 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JANNEY MONTGOMERY SCOTT LLC | $35K | 33.62% |
| INSTINET LLC | $29K | 28.25% |
| BTIG LLC | $10K | 9.75% |
| LIQUIDNET, INC. | $10K | 9.62% |
| JEFFERIES LLC | $5K | 4.61% |
| RAYMOND JAMES & ASSOCIATES, INC. | $4K | 4.03% |
| ROBERT W. BAIRD & CO., INC. | $3K | 3.11% |
| J.P. MORGAN SECURITIES LLC | $3K | 3.01% |
| KEYBANC CAPITAL MARKETS, INC. | $3K | 2.78% |
| WELLS FARGO SECURITIES, LLC | $1K | 1.22% |
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.