C000192600 Fees and Costs — TCW Artificial Intelligence Equity Fund, I Class
Data updated: 2024-06-25
The net expense ratio is 0.90%: a 0.70% management fee plus 0.87% other expenses, less a 0.67% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $8K in broker commissions, 0.0489% of average net assets, and portfolio turnover was 32%.
C000192600 Fees and Expenses
Annual operating expenses and sales charges of C000192600. Prospectus, as of February 29, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.87% |
| Gross expense ratio | 1.57% |
| Fee waiver | −0.67% |
| Net expense ratio | 0.90% |
| 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 |
C000192600 Costs Over Time
On $10,000 invested in C000192600, assuming 5% a year before costs, total costs come to $594 over 5 years, cutting the return by 1.00% 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 0.90%) | $94 | $295 | $512 |
| Trading costs (broker commissions) | $5 | $16 | $28 |
| Lost growth on money paid in costs | $0 | $15 | $54 |
| Total costs | $100 | $326 | $594 |
| Value after costs | $10,400 | $11,250 | $12,169 |
| Impact on return, per year | 1.00% | 1.00% | 1.00% |
C000192600 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0489%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): $31.7M
- Portfolio turnover (prospectus): 32%
- Securities lending: none during the year
C000192600 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $5K | 63.63% |
| Barclays Capital Inc. | $2K | 26.50% |
| RBC Capital Markets, LLC | $234 | 2.89% |
| Morgan Stanley & Co. LLC | $195 | 2.41% |
| National Financial Services LLC | $188 | 2.33% |
| Nomura Securities International, Inc. | $80 | 0.99% |
| UBS Securities LLC | $49 | 0.60% |
| Citigroup Global Markets Inc. | $31 | 0.38% |
| Jefferies LLC | $15 | 0.19% |
| BMO Capital Markets Corp. | $6 | 0.07% |
C000192600 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $31.7M | 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.