CWNIX Fees and Costs — C WorldWide International Equities Fund, Class I
Data updated: 2023-12-14
The net expense ratio is 0.55%: a 0.80% management fee plus 30.12% other expenses, less a 30.37% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $126 in broker commissions, 0.0127% of average net assets, and portfolio turnover was 10%.
CWNIX Fees and Expenses
Annual operating expenses and sales charges of CWNIX. Prospectus, as of January 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | — |
| Other expenses | 30.12% |
| Gross expense ratio | 30.92% |
| Fee waiver | −30.37% |
| Net expense ratio | 0.55% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
CWNIX Costs Over Time
On $10,000 invested in CWNIX, assuming 5% a year before costs, total costs come to $355 over 5 years, cutting the return by 0.59% 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 0.55%) | $58 | $181 | $315 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $9 | $32 |
| Total costs | $59 | $194 | $355 |
| Value after costs | $10,441 | $11,382 | $12,408 |
| Impact on return, per year | 0.59% | 0.59% | 0.59% |
CWNIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0127%
- Total broker commissions: $126
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 10%
- Securities lending: none during the year
CWNIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $39 | 30.95% |
| JEFFERIES LLC | $30 | 23.81% |
| BARCLAYS CAPITAL, INC. | $26 | 20.63% |
| Stiftelsen D. Carnegie & Co | $10 | 7.94% |
| INSTINET, LLC | $6 | 4.76% |
| CICC US SECURITIES, INC. | $5 | 3.97% |
| CITIGROUP GLOBAL MARKETS INC. | $4 | 3.17% |
| Parel | $4 | 3.17% |
| Nordea Bank Abp | $2 | 1.59% |
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.