EMIMX Fees and Costs — Invesco Emerging Markets Innovators Fund, Class R5
Data updated: 2023-06-29
The net expense ratio is 1.25%: a 1.14% management fee plus 0.20% other expenses, less a 0.09% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $269K in broker commissions, 0.1166% of average net assets, and portfolio turnover was 17%.
EMIMX Fees and Expenses
Annual operating expenses and sales charges of EMIMX. Prospectus, as of October 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 1.14% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.20% |
| Gross expense ratio | 1.34% |
| Fee waiver | −0.09% |
| Net expense ratio | 1.25% |
| 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 |
EMIMX Costs Over Time
On $10,000 invested in EMIMX, assuming 5% a year before costs, total costs come to $849 over 5 years, cutting the return by 1.43% 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 1.25%) | $131 | $408 | $705 |
| Trading costs (broker commissions) | $12 | $38 | $66 |
| Lost growth on money paid in costs | $0 | $22 | $78 |
| Total costs | $143 | $468 | $849 |
| Value after costs | $10,357 | $11,108 | $11,914 |
| Impact on return, per year | 1.43% | 1.43% | 1.43% |
EMIMX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.1166%
- Total broker commissions: $269K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 17%
- Securities lending: none during the year
EMIMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $69K | 31.64% |
| JEFFERIES LLC | $27K | 12.44% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $26K | 11.89% |
| SANFORD C. BERNSTEIN & CO., LLC | $25K | 11.33% |
| HSBC SECURITIES (USA) INC. | $19K | 8.85% |
| CITIGROUP GLOBAL MARKETS INC. | $17K | 7.76% |
| CITIC SECURITIES INTERNATIONAL USA, LLC | $10K | 4.57% |
| LIQUIDNET, INC. | $10K | 4.37% |
| AUERBACH GRAYSON & CO. LLC | $8K | 3.71% |
| MORGAN STANLEY & CO. LLC | $7K | 3.43% |
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.