C000205195 Fees and Costs — American Beacon Continuous Capital Emerging Markets Fund, R5 Class
Data updated: 2022-06-28
The net expense ratio is 1.16%: a 0.88% management fee plus 1.15% other expenses, less a 0.87% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $159K in broker commissions, 0.3355% of average net assets, and portfolio turnover was 116%.
C000205195 Fees and Expenses
Annual operating expenses and sales charges of C000205195. Prospectus, as of May 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.88% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.15% |
| Gross expense ratio | 2.03% |
| Fee waiver | −0.87% |
| Net expense ratio | 1.16% |
| 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 |
C000205195 Costs Over Time
On $10,000 invested in C000205195, assuming 5% a year before costs, total costs come to $926 over 5 years, cutting the return by 1.57% 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 1.16%) | $122 | $378 | $652 |
| Trading costs (broker commissions) | $35 | $109 | $189 |
| Lost growth on money paid in costs | $0 | $24 | $85 |
| Total costs | $157 | $512 | $926 |
| Value after costs | $10,343 | $11,065 | $11,837 |
| Impact on return, per year | 1.57% | 1.57% | 1.57% |
C000205195 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.3355%
- Total broker commissions: $159K
- Bought from dealers (principal trades, not a cost): $177K
- Portfolio turnover (prospectus): 116%
- Securities on loan, average value: $833K
- Net income from securities lending: $25K (0.053% of average net assets)
C000205195 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $71K | 45.24% |
| BofA Securities, Inc. | $54K | 34.44% |
| IIFL Capital Inc. | $7K | 4.59% |
| Abel Noser, L.L.C. | $6K | 3.77% |
| BNP Paribas Securities Corp. | $6K | 3.52% |
| CLSA Americas, LLC | $5K | 3.43% |
| Euroclear Bank | $3K | 1.69% |
| Korea Investment & Securities America, Inc. | $3K | 1.61% |
| NH Investment & Securities Co., Ltd. | $2K | 1.01% |
| Financial Brokerage Group S.A.E. | $1K | 0.70% |
C000205195 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $161K | 91.87% |
| Citigroup Global Markets Inc. | $14K | 8.13% |
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.