ECOLX Fees and Costs — Riverbridge Eco Leaders Fund, Investor Class
Data updated: 2021-04-26
The net expense ratio is 1.22%: a 0.75% management fee, a 0.25% 12b-1 fee plus 3.58% other expenses, less a 3.37% fee waiver. This share class carries a redemption fee of 1.00%. In fiscal 2020 the fund paid $5K in broker commissions, 0.0569% of average net assets, and portfolio turnover was 36%.
ECOLX Fees and Expenses
Annual operating expenses and sales charges of ECOLX. Prospectus, as of September 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 3.58% |
| Gross expense ratio | 4.59% |
| Fee waiver | −3.37% |
| Net expense ratio | 1.22% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 1.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
ECOLX Costs Over Time
On $10,000 invested in ECOLX, assuming 5% a year before costs, total costs come to $794 over 5 years, cutting the return by 1.34% 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 1.22%) | $128 | $399 | $689 |
| Trading costs (broker commissions) | $6 | $19 | $32 |
| Lost growth on money paid in costs | $0 | $21 | $73 |
| Total costs | $134 | $438 | $794 |
| Value after costs | $10,366 | $11,138 | $11,969 |
| Impact on return, per year | 1.34% | 1.34% | 1.34% |
ECOLX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0569%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 36%
- Securities lending: none during the year
ECOLX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $4K | 72.46% |
| WILLIAM BLAIR | $1K | 27.54% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.