FCEEX Fees and Costs — Franklin Emerging Market Core Equity (IU) Fund, Advisor Class
Data updated: 2026-10-13
The net expense ratio is 0.00% (0.15% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $228K in broker commissions, 0.1087% of average net assets, and portfolio turnover was 59%.
FCEEX Fees and Expenses
Annual operating expenses and sales charges of FCEEX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.15% |
| Gross expense ratio | 0.15% |
| Fee waiver | −0.15% |
| Net expense ratio | 0.00% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
FCEEX Costs Over Time
On $10,000 invested in FCEEX, assuming 5% a year before costs, total costs come to $69 over 5 years, cutting the return by 0.11% 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 0.00%) | $0 | $0 | $0 |
| Trading costs (broker commissions) | $11 | $36 | $63 |
| Lost growth on money paid in costs | $0 | $2 | $6 |
| Total costs | $11 | $38 | $69 |
| Value after costs | $10,489 | $11,539 | $12,694 |
| Impact on return, per year | 0.11% | 0.11% | 0.11% |
FCEEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.1087%
- Total broker commissions: $228K
- Bought from dealers (principal trades, not a cost): $143.0M
- Portfolio turnover (prospectus): 59%
FCEEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $109K | 47.87% |
| Goldman Sachs & Co. LLC | $57K | 24.89% |
| UBS Securities LLC | $41K | 18.03% |
| Morgan Stanley & Co. LLC | $18K | 7.98% |
| Citigroup Global Markets Inc. | $3K | 1.23% |
FCEEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $143.0M | 99.95% |
| Fiduciary Trust Company International | $67K | 0.05% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.