C000211653 Fees and Costs — JPMorgan International Equity Plus Fund, Class A
Data updated: 2021-09-23
The net expense ratio is 1.00%: a 0.60% management fee, a 0.25% 12b-1 fee plus 0.66% other expenses, less a 0.51% fee waiver. This share class carries a maximum front-end sales load of 5.25%. In fiscal 2020 the fund paid $13K in broker commissions, 0.1304% of average net assets, and portfolio turnover was 8%.
C000211653 Fees and Expenses
Annual operating expenses and sales charges of C000211653. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.66% |
| Gross expense ratio | 1.51% |
| Fee waiver | −0.51% |
| Net expense ratio | 1.00% |
| Sales charges | |
|---|---|
| Max front load | 5.25% |
| 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 | No |
C000211653 Costs Over Time
On $10,000 invested in C000211653, assuming 5% a year before costs, total costs come to $1,338 over 5 years, cutting the return by 2.30% 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 |
| Sales charges | $525 | $525 | $525 |
| Fund expenses (net expense ratio 1.00%) | $99 | $310 | $537 |
| Trading costs (broker commissions) | $13 | $40 | $70 |
| Lost growth on money paid in costs | $26 | $100 | $206 |
| Total costs | $664 | $976 | $1,338 |
| Value after costs | $9,836 | $10,601 | $11,425 |
| Impact on return, per year | 6.64% | 3.04% | 2.30% |
C000211653 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): 0.1304%
- Total broker commissions: $13K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 8%
- Securities lending: none during the year
C000211653 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $7K | 59.52% |
| Jefferies LLC | $1K | 11.04% |
| Goldman Sachs & Co. LLC | $860 | 7.20% |
| UBS Securities LLC | $571 | 4.78% |
| Morgan Stanley & Co. LLC | $515 | 4.31% |
| HSBC Securities (USA) Inc. | $403 | 3.37% |
| Societe Generale | $385 | 3.22% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $335 | 2.80% |
| Credit Suisse Securities (USA) LLC | $301 | 2.52% |
| Macquarie Group Limited | $148 | 1.24% |
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.