CNRWX Fees and Costs — City National Rochdale U.s. Core Equity Fund, Class N
Data updated: 2025-11-28
The net expense ratio is 1.07%: a 0.40% management fee, a 0.25% 12b-1 fee plus 0.42% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $53K in broker commissions, 0.0138% of average net assets, and portfolio turnover was 20%.
CNRWX Fees and Expenses
Annual operating expenses and sales charges of CNRWX. Prospectus, as of January 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.42% |
| Gross expense ratio | 1.07% |
| Fee waiver | — |
| Net expense ratio | 1.07% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
CNRWX Costs Over Time
On $10,000 invested in CNRWX, assuming 5% a year before costs, total costs come to $677 over 5 years, cutting the return by 1.14% 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 1.07%) | $112 | $350 | $607 |
| Trading costs (broker commissions) | $1 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $18 | $62 |
| Total costs | $114 | $372 | $677 |
| Value after costs | $10,386 | $11,204 | $12,086 |
| Impact on return, per year | 1.14% | 1.14% | 1.14% |
CNRWX 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): 0.0138%
- Total broker commissions: $53K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 20%
- Securities lending: none during the year
CNRWX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET CLEARING SERVICES, INC. | $53K | 100.00% |
City National Rochdale U.s. Core Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CNRUX | Institutional Class | 0.57% | — |
| CNRVX | Servicing Class | 0.82% | — |
| CNRWX | Class N | 1.07% | — |
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.