ETPFX Fees and Costs — Capital Group Emerging Markets Total Opportunities Fund, Class F-3
Data updated: 2020-07-02
The net expense ratio is 0.98%: a 0.85% management fee plus 0.38% other expenses, less a 0.25% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $16K in broker commissions, 0.0905% of average net assets, and portfolio turnover was 56%.
ETPFX Fees and Expenses
Annual operating expenses and sales charges of ETPFX. Prospectus, as of October 31, 2018.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.38% |
| Gross expense ratio | 1.23% |
| Fee waiver | −0.25% |
| Net expense ratio | 0.98% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
ETPFX Costs Over Time
On $10,000 invested in ETPFX, assuming 5% a year before costs, total costs come to $669 over 5 years, cutting the return by 1.12% 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 0.98%) | $103 | $321 | $556 |
| Trading costs (broker commissions) | $10 | $30 | $51 |
| Lost growth on money paid in costs | $0 | $17 | $61 |
| Total costs | $112 | $368 | $669 |
| Value after costs | $10,388 | $11,208 | $12,094 |
| Impact on return, per year | 1.12% | 1.12% | 1.12% |
ETPFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 20, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0905%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): $30.2M
- Portfolio turnover (prospectus): 56%
- Securities lending: none during the year
ETPFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| HSBC Holdings PLC | $8K | 49.42% |
| Morgan Stanley & Co. LLC | $3K | 19.02% |
| Renaissance Capital Limited | $2K | 12.15% |
| Goldman Sachs & Co. LLC | $1K | 7.70% |
| J.P. Morgan Securities LLC | $697 | 4.50% |
| Ho Chi Minh City Securities Corporation | $387 | 2.50% |
| UBS AG | $304 | 1.96% |
| Cantor Fitzgerald & Co | $161 | 1.04% |
| SMBC Nikko Securities | $158 | 1.02% |
| CLSA B.V. | $106 | 0.68% |
ETPFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $5.1M | 21.02% |
| MarketAxess Corporation | $3.3M | 13.72% |
| J.P. Morgan Securities LLC | $2.8M | 11.84% |
| HSBC Holdings PLC | $2.8M | 11.65% |
| Bank of America, N.A. | $2.3M | 9.45% |
| Barclays Bank PLC | $2.0M | 8.41% |
| Deutsche Bank A.G. | $1.9M | 8.09% |
| Morgan Stanley & Co. LLC | $1.6M | 6.84% |
| BNP Paribas | $1.1M | 4.53% |
| Jefferies & Company Inc. | $1.1M | 4.45% |
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.