C000197760 Fees and Costs — Emerging Markets Sustainability Core 1 Portfolio, Institutional Class Shares
Data updated: 2026-09-24
The net expense ratio is 0.42%: a 0.35% management fee plus 0.08% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $121K in broker commissions, 0.0109% of average net assets, and portfolio turnover was 6%.
C000197760 Fees and Expenses
Annual operating expenses and sales charges of C000197760. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | — |
| Other expenses | 0.08% |
| Gross expense ratio | 0.43% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.42% |
| 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 |
C000197760 Costs Over Time
On $10,000 invested in C000197760, assuming 5% a year before costs, total costs come to $273 over 5 years, cutting the return by 0.45% 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 0.42%) | $44 | $138 | $241 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $7 | $25 |
| Total costs | $45 | $149 | $273 |
| Value after costs | $10,455 | $11,427 | $12,490 |
| Impact on return, per year | 0.45% | 0.45% | 0.45% |
C000197760 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0109%
- Total broker commissions: $121K
- Bought from dealers (principal trades, not a cost): $3.2M
- Portfolio turnover (prospectus): 6%
- Securities on loan, average value: $47.5M
- Net income from securities lending: $1.3M (0.120% of average net assets)
C000197760 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $37K | 30.49% |
| Jefferies LLC | $36K | 29.71% |
| Nomura Securities International, Inc. | $31K | 25.86% |
| UBS Securities LLC | $14K | 11.74% |
| Citigroup Global Markets Inc. | $1K | 1.12% |
| Loop Capital Markets LLC | $592 | 0.49% |
| Goldman Sachs & Co. LLC | $375 | 0.31% |
| J.P. Morgan Securities LLC | $341 | 0.28% |
C000197760 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $6 | 65.33% |
| Loop Capital Markets LLC | $3 | 34.67% |
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.