CGLOX Fees and Costs — Capital Group Global Equity Fund, Share class
Data updated: 2020-01-13
The net expense ratio is 0.65%. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $109K in broker commissions, 0.0173% of average net assets, and portfolio turnover was 28%.
CGLOX Fees and Expenses
Annual operating expenses and sales charges of CGLOX. Prospectus, as of October 31, 2018.
| Annual operating expenses | |
|---|---|
| Management fee | 0.58% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.07% |
| Gross expense ratio | 0.65% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.65% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| 30-day yield | 1.52% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
CGLOX Costs Over Time
On $10,000 invested in CGLOX, assuming 5% a year before costs, total costs come to $420 over 5 years, cutting the return by 0.70% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $70 | $230 | $420 |
| Value after costs | $10,430 | $11,346 | $12,343 |
| Impact on return, per year | 0.70% | 0.70% | 0.70% |
CGLOX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0173%
- Total broker commissions: $109K
- Bought from dealers (principal trades, not a cost): $855.8M
- Portfolio turnover (prospectus): 28%
- Securities lending: none during the year
CGLOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $9K | 13.61% |
| Goldman Sachs & Co. LLC | $8K | 13.23% |
| Merrill Lynch Pierce, Fenner & Smith, Inc. | $8K | 13.05% |
| Morgan Stanley & Co. LLC | $8K | 12.79% |
| CLSA B.V. | $6K | 9.43% |
| Investment Technology Group, Inc. | $5K | 8.49% |
| Deutsche Bank A.G. | $5K | 7.98% |
| Credit Suisse Group AG | $5K | 7.32% |
| Cowen and Company, LLC | $5K | 7.11% |
| RBC Capital Markets LLC | $4K | 6.98% |
CGLOX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Bank of America, N.A. | $213.6M | 25.30% |
| J.P. Morgan Securities LLC | $212.9M | 25.22% |
| Citigroup Global Markets Inc. | $175.4M | 20.77% |
| Barclays Bank PLC | $94.4M | 11.18% |
| Goldman Sachs & Co. LLC | $55.0M | 6.51% |
| Mizuho Bank, Ltd. | $23.4M | 2.77% |
| The Bank of New York Mellon Corporation | $22.5M | 2.67% |
| Nomura/Instinet Group | $19.0M | 2.25% |
| FTN Financial Securities Corp. | $14.9M | 1.77% |
| RBC Capital Markets LLC | $13.1M | 1.55% |
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.