EMRSX Fees and Costs — JPMorgan Emerging Markets Research Enhanced Equity Fund, Class R6
Data updated: 2026-09-28
The net expense ratio is 0.35%: a 0.25% management fee plus 0.18% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1.4M in broker commissions, 0.0656% of average net assets, and portfolio turnover was 48%.
EMRSX Fees and Expenses
Annual operating expenses and sales charges of EMRSX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.18% |
| Gross expense ratio | 0.43% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.35% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
EMRSX Costs Over Time
On $10,000 invested in EMRSX, assuming 5% a year before costs, total costs come to $263 over 5 years, cutting the return by 0.44% 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 0.35%) | $37 | $115 | $201 |
| Trading costs (broker commissions) | $7 | $22 | $38 |
| Lost growth on money paid in costs | $0 | $7 | $24 |
| Total costs | $44 | $144 | $263 |
| Value after costs | $10,456 | $11,433 | $12,500 |
| Impact on return, per year | 0.44% | 0.44% | 0.44% |
EMRSX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0656%
- Total broker commissions: $1.4M
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 48%
- Securities on loan, average value: $13.8M
- Net income from securities lending: $229K (0.011% of average net assets)
EMRSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $211K | 18.05% |
| UBS Securities LLC | $210K | 17.96% |
| Morgan Stanley & Co. LLC | $183K | 15.70% |
| Citigroup Global Markets Inc. | $121K | 10.38% |
| CLSA Americas, LLC | $97K | 8.31% |
| Goldman Sachs & Co. LLC | $97K | 8.30% |
| Macquarie Capital (USA) Inc. | $80K | 6.82% |
| Jefferies LLC | $65K | 5.54% |
| EFG Hermes Holding SAE | $55K | 4.69% |
| BNP Paribas Securities Corp. | $50K | 4.24% |
JPMorgan Emerging Markets Research Enhanced 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 |
|---|---|---|---|
| EMRSX | Class R6 | 0.35% | — |
| EMREX | Class I | 0.45% | — |
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.