C000245173 Fees and Costs — Vontobel Global Environmental Change Fund, Class I
Data updated: 2024-12-12
The net expense ratio is 0.80%: a 0.65% management fee plus 3.54% other expenses, less a 3.39% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $4K in broker commissions, 0.0311% of average net assets.
C000245173 Fees and Expenses
Annual operating expenses and sales charges of C000245173. Prospectus, as of September 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 3.54% |
| Gross expense ratio | 4.19% |
| Fee waiver | −3.39% |
| Net expense ratio | 0.80% |
| 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 |
C000245173 Costs Over Time
On $10,000 invested in C000245173, assuming 5% a year before costs, total costs come to $522 over 5 years, cutting the return by 0.87% 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 0.80%) | $84 | $263 | $456 |
| Trading costs (broker commissions) | $3 | $10 | $18 |
| Lost growth on money paid in costs | $0 | $13 | $48 |
| Total costs | $87 | $286 | $522 |
| Value after costs | $10,413 | $11,290 | $12,241 |
| Impact on return, per year | 0.87% | 0.87% | 0.87% |
C000245173 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0311%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $22.4M
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
C000245173 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CLSA GLOBAL MARKETS | $3K | 77.54% |
| BARCLAYS CAPITAL INC | $211 | 5.80% |
| JEFFERIES LLC | $153 | 4.20% |
| BANK OF AMERICA CORPORATION | $122 | 3.36% |
| MORGAN STANLEY & CO. LIMITED | $90 | 2.49% |
| Macquarie Securities | $73 | 2.02% |
| SANFORD C. BERNSTEIN & CO., LLC | $72 | 1.97% |
| Cowen and Company | $50 | 1.36% |
| J.P. MORGAN SECURITIES | $29 | 0.79% |
| Citigroup Global Markets Inc. | $16 | 0.45% |
C000245173 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| NORTHERN INSTITUTIONAL TREASURY PORTFOLIO | $22.4M | 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.