C000237686 Fees and Costs — BrandywineGLOBAL - Small Cap Value Fund, Class IS
Data updated: 2024-11-25
The net expense ratio is 1.12% (1.91% before fee waivers). There are no sales loads or redemption fees. In fiscal 2023 the fund paid $24K in broker commissions, 0.1360% of average net assets, and portfolio turnover was 73%.
C000237686 Fees and Expenses
Annual operating expenses and sales charges of C000237686. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.89% |
| Gross expense ratio | 1.91% |
| Fee waiver | −0.79% |
| Net expense ratio | 1.12% |
| 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 |
C000237686 Costs Over Time
On $10,000 invested in C000237686, assuming 5% a year before costs, total costs come to $782 over 5 years, cutting the return by 1.32% 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 1.12%) | $118 | $366 | $633 |
| Trading costs (broker commissions) | $14 | $44 | $77 |
| Lost growth on money paid in costs | $0 | $20 | $72 |
| Total costs | $132 | $431 | $782 |
| Value after costs | $10,368 | $11,146 | $11,981 |
| Impact on return, per year | 1.32% | 1.32% | 1.32% |
C000237686 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.1360%
- Total broker commissions: $24K
- Bought from dealers (principal trades, not a cost): $26K
- Portfolio turnover (prospectus): 73%
- Securities lending: none during the year
C000237686 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| LIQUIDNET, INC. | $6K | 33.18% |
| JEFFERIES LLC | $3K | 13.16% |
| PIPER SANDLER & CO. | $2K | 12.34% |
| GOLDMAN SACHS & CO. LLC | $2K | 8.08% |
| Stephens, Inc. | $1K | 7.13% |
| RBC CAPITAL MARKETS, LLC | $1K | 6.87% |
| GORDON, HASKETT CAPITAL CORPORATION | $1K | 6.35% |
| INSTINET, LLC | $1K | 5.69% |
| KEEFE, BRUYETTE & WOODS, INC. | $761 | 3.91% |
| D.A. Davidson & Co. | $640 | 3.29% |
C000237686 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WILLIAM BLAIR & COMPANY, LLC | $26K | 100.00% |
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.