C000224764 Fees and Costs — JOHCM Global Income Builder, Investor Shares
Data updated: 2023-12-08
The net expense ratio is 0.99% (1.15% before fee waivers). There are no sales loads or redemption fees. In fiscal 2023 the fund paid $37K in broker commissions, 0.0896% of average net assets, and portfolio turnover was 123%.
C000224764 Fees and Expenses
Annual operating expenses and sales charges of C000224764. Prospectus, as of January 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.67% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.21% |
| Gross expense ratio | 1.15% |
| Fee waiver | −0.16% |
| Net expense ratio | 0.99% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000224764 Costs Over Time
On $10,000 invested in C000224764, assuming 5% a year before costs, total costs come to $674 over 5 years, cutting the return by 1.13% 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 0.99%) | $104 | $324 | $562 |
| Trading costs (broker commissions) | $9 | $29 | $51 |
| Lost growth on money paid in costs | $0 | $18 | $62 |
| Total costs | $113 | $371 | $674 |
| Value after costs | $10,387 | $11,205 | $12,089 |
| Impact on return, per year | 1.13% | 1.13% | 1.13% |
C000224764 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0896%
- Total broker commissions: $37K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 123%
- Securities lending: none during the year
C000224764 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS AG | $9K | 32.22% |
| Loop Capital Markets LLC | $3K | 12.54% |
| CITIGROUP GLOBAL MARKETS LIMITED | $3K | 10.99% |
| J.P. MORGAN SECURITIES PLC | $3K | 10.61% |
| CLSA (UK) | $2K | 8.30% |
| GOLDMAN SACHS INTERNATIONAL | $2K | 8.15% |
| VIRTU ITG EUROPE LIMITED | $2K | 6.74% |
| ITAU BBA USA SECURITIES, INC. | $2K | 5.62% |
| Barclays Plc | $1K | 4.83% |
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.