C000200605 Fees and Costs — AMG TimesSquare Global Small Cap Fund, Class N
Data updated: 2024-11-26
The net expense ratio is 1.25%: a 0.70% management fee, a 0.25% 12b-1 fee plus 4.46% other expenses, less a 4.16% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $2K in broker commissions, 0.1267% of average net assets, and portfolio turnover was 59%.
C000200605 Fees and Expenses
Annual operating expenses and sales charges of C000200605. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.25% |
| Other expenses | 4.46% |
| Gross expense ratio | 5.41% |
| Fee waiver | −4.16% |
| Net expense ratio | 1.25% |
| 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 |
C000200605 Costs Over Time
On $10,000 invested in C000200605, assuming 5% a year before costs, total costs come to $855 over 5 years, cutting the return by 1.45% 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 1.25%) | $131 | $408 | $705 |
| Trading costs (broker commissions) | $13 | $41 | $71 |
| Lost growth on money paid in costs | $0 | $22 | $79 |
| Total costs | $145 | $472 | $855 |
| Value after costs | $10,355 | $11,105 | $11,908 |
| Impact on return, per year | 1.45% | 1.45% | 1.45% |
C000200605 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.1267%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 59%
- Securities on loan, average value: $50K
- Net income from securities lending: $73 (0.004% of average net assets)
C000200605 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $736 | 48.90% |
| PIPER SANDLER & CO. | $151 | 10.06% |
| J.P. Morgan Securities LLC | $143 | 9.49% |
| STIFEL, NICOLAUS & CO INC | $87 | 5.80% |
| BNP Paribas Securities Corp. | $73 | 4.88% |
| Robert W. Baird & Co. Incorporated | $71 | 4.71% |
| Stephens, Inc. | $65 | 4.34% |
| RBC CAPITAL MARKETS, LLC | $65 | 4.33% |
| KEPLER CAPITAL MARKETS, INC. | $57 | 3.80% |
| BARCLAYS CAPITAL, INC. | $56 | 3.70% |
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.