EGLRX Fees and Costs — Aberdeen International Real Estate Equity Fund, Institutional Class
Data updated: 2022-09-28
The net expense ratio is 1.37%: a 1.00% management fee plus 1.07% other expenses, less a 0.70% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $14K in broker commissions, 0.0643% of average net assets, and portfolio turnover was 64%.
EGLRX Fees and Expenses
Annual operating expenses and sales charges of EGLRX. Prospectus, as of February 28, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.07% |
| Gross expense ratio | 2.07% |
| Fee waiver | −0.70% |
| Net expense ratio | 1.37% |
| 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 | Yes |
EGLRX Costs Over Time
On $10,000 invested in EGLRX, assuming 5% a year before costs, total costs come to $889 over 5 years, cutting the return by 1.51% 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 1.37%) | $144 | $447 | $771 |
| Trading costs (broker commissions) | $7 | $21 | $36 |
| Lost growth on money paid in costs | $0 | $23 | $82 |
| Total costs | $151 | $491 | $889 |
| Value after costs | $10,349 | $11,085 | $11,873 |
| Impact on return, per year | 1.51% | 1.51% | 1.51% |
EGLRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0643%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): $12.6M
- Portfolio turnover (prospectus): 64%
- Securities lending: none during the year
EGLRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $3K | 21.46% |
| BofA Securities, Inc. | $2K | 20.97% |
| Citigroup Global Markets Inc. | $1K | 11.22% |
| Mizuho Securities USA LLC | $1K | 8.89% |
| Macquarie Capital (USA) Inc. | $960 | 8.10% |
| Goldman Sachs & Co. LLC | $872 | 7.36% |
| Daiwa Capital Markets America Inc. | $849 | 7.16% |
| Credit Suisse Securities (USA) LLC | $689 | 5.82% |
| BNP Paribas Securities Corp. | $602 | 5.08% |
| J.P. Morgan Securities LLC | $466 | 3.93% |
EGLRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $11.9M | 94.27% |
| Daiwa Capital Markets America Inc. | $241K | 1.92% |
| Mizuho Securities USA LLC | $160K | 1.28% |
| SMBC Nikko Securities America, Inc. | $119K | 0.95% |
| Morgan Stanley & Co. LLC | $109K | 0.86% |
| Citigroup Global Markets Inc. | $91K | 0.72% |
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.