C000234966 Fees and Costs — Barrow Hanley Concentrated Emerging Markets ESG Opportunities Fund, I shares
Data updated: 2024-09-30
The net expense ratio is 1.05%: a 0.93% management fee plus 0.80% other expenses, less a 0.68% fee waiver. This share class carries a redemption fee of 1.00%. In fiscal 2023 the fund paid $35K in broker commissions, 0.1326% of average net assets, and portfolio turnover was 63%.
C000234966 Fees and Expenses
Annual operating expenses and sales charges of C000234966. Prospectus, as of February 29, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.93% |
| 12b-1 fee | — |
| Other expenses | 0.80% |
| Gross expense ratio | 1.73% |
| Fee waiver | −0.68% |
| Net expense ratio | 1.05% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | 1.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000234966 Costs Over Time
On $10,000 invested in C000234966, assuming 5% a year before costs, total costs come to $737 over 5 years, cutting the return by 1.24% 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 1.05%) | $110 | $343 | $594 |
| Trading costs (broker commissions) | $14 | $43 | $75 |
| Lost growth on money paid in costs | $0 | $19 | $68 |
| Total costs | $124 | $406 | $737 |
| Value after costs | $10,376 | $11,170 | $12,026 |
| Impact on return, per year | 1.24% | 1.24% | 1.24% |
C000234966 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.1326%
- Total broker commissions: $35K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 63%
- Securities lending: none during the year
C000234966 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $8K | 22.75% |
| CLSA LTD | $5K | 15.69% |
| J.P. MORGAN SECURITIES | $5K | 15.14% |
| JEFFERIES LLC | $4K | 11.08% |
| COLLINS STEWART INC. | $4K | 10.62% |
| INSTINET SECURITIES | $3K | 8.48% |
| DAIWA SECURITIES | $2K | 5.96% |
| GOLMAN SACHS & CO | $1K | 3.82% |
| HSBC | $1K | 3.76% |
| Bank of America | $908 | 2.70% |
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.