C000201749 Fees and Costs — Goldman Sachs Imprint Emerging Markets Opportunities Fund, Class P
Data updated: 2021-01-13
The net expense ratio is 1.26% (2.65% before fee waivers). There are no sales loads or redemption fees. In fiscal 2020 the fund paid $47K in broker commissions, 0.2241% of average net assets, and portfolio turnover was 85%.
C000201749 Fees and Expenses
Annual operating expenses and sales charges of C000201749. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 1.05% |
| 12b-1 fee | — |
| Other expenses | 1.58% |
| Gross expense ratio | 2.65% |
| Fee waiver | −1.39% |
| Net expense ratio | 1.26% |
| 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 | No |
C000201749 Costs Over Time
On $10,000 invested in C000201749, assuming 5% a year before costs, total costs come to $919 over 5 years, cutting the return by 1.56% 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 1.26%) | $132 | $411 | $709 |
| Trading costs (broker commissions) | $24 | $73 | $126 |
| Lost growth on money paid in costs | $0 | $24 | $85 |
| Total costs | $156 | $508 | $919 |
| Value after costs | $10,344 | $11,068 | $11,843 |
| Impact on return, per year | 1.56% | 1.56% | 1.56% |
C000201749 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.2241%
- Total broker commissions: $47K
- Bought from dealers (principal trades, not a cost): $700K
- Portfolio turnover (prospectus): 85%
- Securities on loan, average value: $465K
- Net income from securities lending: $15K (0.071% of average net assets)
C000201749 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $6K | 20.34% |
| CREDIT SUISSE (HONG KONG) LIMITED | $5K | 14.87% |
| CITIGROUP GLOBAL MARKETS INC. | $4K | 13.65% |
| BOFA SECURITIES, INC. | $3K | 10.94% |
| EFG Hermes Holding SAE | $3K | 9.79% |
| BRAC EPL Stock Brokerage Ltd. | $3K | 8.52% |
| VIRTU AMERICAS LLC | $2K | 6.17% |
| LankaBangla Securities Limited | $2K | 6.03% |
| UBS Securities LLC | $2K | 5.95% |
| Daiwa Capital Markets Hong Kong Limited | $1K | 3.73% |
C000201749 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| ITAU BBA USA SECURITIES, INC. | $475K | 67.84% |
| CitiGroup Global Markets Inc. | $210K | 29.99% |
| CREDIT SUISSE SECURITIES (USA) LLC | $15K | 2.17% |
| MORGAN STANLEY & CO. LLC | $5 | 0.00% |
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.