C000188164 Fees and Costs — Chartwell Small Cap Growth Fund
Data updated: 2022-08-29
The net expense ratio is 1.05%: a 0.85% management fee plus 0.62% other expenses, less a 0.42% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $39K in broker commissions, 0.1302% of average net assets, and portfolio turnover was 61%.
C000188164 Fees and Expenses
Annual operating expenses and sales charges of C000188164. Prospectus, as of April 30, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | — |
| Other expenses | 0.62% |
| Gross expense ratio | 1.47% |
| Fee waiver | −0.42% |
| 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 |
C000188164 Costs Over Time
On $10,000 invested in C000188164, assuming 5% a year before costs, total costs come to $736 over 5 years, cutting the return by 1.24% 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 | $343 | $594 |
| Trading costs (broker commissions) | $14 | $43 | $74 |
| Lost growth on money paid in costs | $0 | $19 | $68 |
| Total costs | $124 | $405 | $736 |
| Value after costs | $10,376 | $11,171 | $12,027 |
| Impact on return, per year | 1.24% | 1.24% | 1.24% |
C000188164 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): 0.1302%
- Total broker commissions: $39K
- Bought from dealers (principal trades, not a cost): $910K
- Portfolio turnover (prospectus): 61%
- Securities lending: none during the year
C000188164 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES LLC | $11K | 32.21% |
| PIPER JAFFRAY & CO. | $4K | 10.82% |
| BTIG LLC | $4K | 10.68% |
| LEERINK SWANN LLC | $3K | 8.74% |
| RAYMOND JAMES & ASSOCIATES, INC. | $3K | 8.09% |
| J.P. MORGAN SECURITIES LLC | $2K | 7.39% |
| LIQUIDNET, INC. | $2K | 6.75% |
| COWEN AND COMPANY LLC | $2K | 5.96% |
| INSTINET LLC | $2K | 4.75% |
| RBC CAPITAL MARKETS, LLC | $2K | 4.60% |
C000188164 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BTIG LLC | $247K | 97.08% |
| BOFA SECURITIES, INC. | $7K | 2.92% |
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.