CIVEX Fees and Costs — American Funds International Vantage Fund, Class 529-T
Data updated: 2026-09-28
The net expense ratio is 0.96%: a 0.48% management fee, a 0.25% 12b-1 fee plus 0.24% other expenses, less a 0.01% fee waiver. This share class carries a maximum front-end sales load of 2.50%. In fiscal 2025 the fund paid $653K in broker commissions, 0.0287% of average net assets, and portfolio turnover was 29%.
CIVEX Fees and Expenses
Annual operating expenses and sales charges of CIVEX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.48% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.24% |
| Gross expense ratio | 0.97% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.96% |
| Sales charges | |
|---|---|
| Max front load | 2.50% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| 30-day yield | 0.96% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
CIVEX Costs Over Time
On $10,000 invested in CIVEX, assuming 5% a year before costs, total costs come to $922 over 5 years, cutting the return by 1.56% 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 |
| Sales charges | $250 | $250 | $250 |
| Fund expenses (net expense ratio 0.96%) | $98 | $307 | $532 |
| Trading costs (broker commissions) | $3 | $9 | $16 |
| Lost growth on money paid in costs | $12 | $55 | $124 |
| Total costs | $364 | $621 | $922 |
| Value after costs | $10,136 | $10,955 | $11,841 |
| Impact on return, per year | 3.64% | 1.91% | 1.56% |
CIVEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0287%
- Total broker commissions: $653K
- Bought from dealers (principal trades, not a cost): $11.4M
- Portfolio turnover (prospectus): 29%
- Securities on loan, average value: $1.3M
- Net income from securities lending: $13K (0.001% of average net assets)
CIVEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $94K | 18.99% |
| J.P. Morgan Securities LLC | $89K | 17.92% |
| Morgan Stanley & Co. LLC | $74K | 14.82% |
| Bank of America, N.A. | $59K | 11.94% |
| Jefferies & Company Inc. | $49K | 9.82% |
| RBC Capital Markets LLC | $33K | 6.65% |
| Barclays Bank PLC | $31K | 6.18% |
| CLSA B.V. | $25K | 5.12% |
| UBS AG | $21K | 4.32% |
| Citigroup Global Markets Inc. | $21K | 4.24% |
CIVEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Macquarie Bank Limited | $6.5M | 56.91% |
| Morgan Stanley & Co. LLC | $4.9M | 43.09% |
American Funds International Vantage Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| AIVGX | Class F-3 | 0.54% | none |
| RIVGX | Class R-6 | 0.54% | none |
| CIVHX | Class 529-F-3 | 0.59% | none |
| RIVLX | Class R-5 | 0.59% | none |
| AIVFX | Class F-2 | 0.64% | none |
| CIVGX | Class 529-F-2 | 0.66% | none |
| RIVJX | Class R-5E | 0.69% | none |
| RIVKX | Class R-4 | 0.88% | none |
| AIVEX | Class F-1 | 0.91% | none |
| CIVAX | Class 529-A | 0.92% | 3.50% |
| AIVTX | Class T | 0.93% | 2.50% |
| CIVEX | Class 529-T | 0.96% | 2.50% |
| CIVKX | Class 529 F-1 | 0.96% | none |
| AIVBX | Class A | 0.97% | 5.75% |
| CIVCX | Class 529-E | 1.18% | none |
| RIVIX | Class R-3 | 1.19% | none |
| RIVHX | Class R-2E | 1.34% | none |
| RIVAX | Class R-1 | 1.60% | none |
| RIVDX | Class R-2 | 1.60% | none |
| AIVCX | Class C | 1.67% | none |
| CIVBX | Class 529-C | 1.71% | none |
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.