CAMGX Fees and Costs — Cambiar Global Equity Fund, Investor Class
Data updated: 2022-03-31
The net expense ratio is 0.88%: a 0.75% management fee plus 1.01% other expenses, less a 0.88% fee waiver. This share class carries a redemption fee of 2.00%. In fiscal 2021 the fund paid $5K in broker commissions, 0.0512% of average net assets, and portfolio turnover was 67%.
CAMGX Fees and Expenses
Annual operating expenses and sales charges of CAMGX. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | — |
| Other expenses | 1.01% |
| Gross expense ratio | 1.76% |
| Fee waiver | −0.88% |
| Net expense ratio | 0.88% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
CAMGX Costs Over Time
On $10,000 invested in CAMGX, assuming 5% a year before costs, total costs come to $583 over 5 years, cutting the return by 0.98% 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 0.88%) | $92 | $288 | $501 |
| Trading costs (broker commissions) | $5 | $17 | $29 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $98 | $320 | $583 |
| Value after costs | $10,402 | $11,256 | $12,180 |
| Impact on return, per year | 0.98% | 0.98% | 0.98% |
CAMGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0512%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 67%
- Securities lending: none during the year
CAMGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Sanford C. Bernstein | $1K | 24.51% |
| HSBC | $1K | 22.54% |
| JP MORGAN | $737 | 15.33% |
| CREDIT SUISSE FIRST BOSTON | $528 | 10.99% |
| GOLDMAN SACHS | $527 | 10.97% |
| WACHOVIA CAPITAL | $186 | 3.88% |
| ISI GROUP | $165 | 3.44% |
| BCAP | $160 | 3.32% |
| JEFFERIES | $138 | 2.87% |
| UBS FINANCIAL | $104 | 2.16% |
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.