FGEMX Fees and Costs — Select Communication Services Portfolio, Class M
Data updated: 2026-07-24
The net expense ratio is 1.19%: a 0.67% management fee, a 0.50% 12b-1 fee plus 0.02% other expenses. This share class carries a maximum front-end sales load of 3.50%. In fiscal 2026 the fund paid $1.5M in broker commissions, 0.0655% of average net assets, and portfolio turnover was 147%.
FGEMX Fees and Expenses
Annual operating expenses and sales charges of FGEMX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.67% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.02% |
| Gross expense ratio | 1.19% |
| Fee waiver | — |
| Net expense ratio | 1.19% |
| Sales charges | |
|---|---|
| Max front load | 3.50% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FGEMX Costs Over Time
On $10,000 invested in FGEMX, assuming 5% a year before costs, total costs come to $1,201 over 5 years, cutting the return by 2.05% 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 |
| Sales charges | $350 | $350 | $350 |
| Fund expenses (net expense ratio 1.19%) | $121 | $375 | $649 |
| Trading costs (broker commissions) | $7 | $21 | $36 |
| Lost growth on money paid in costs | $17 | $75 | $166 |
| Total costs | $495 | $821 | $1,201 |
| Value after costs | $10,005 | $10,756 | $11,562 |
| Impact on return, per year | 4.95% | 2.54% | 2.05% |
FGEMX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0655%
- Total broker commissions: $1.5M
- Bought from dealers (principal trades, not a cost): $1.7M
- Portfolio turnover (prospectus): 147%
- Securities on loan, average value: $89.2M
- Net income from securities lending: $181K (0.008% of average net assets)
FGEMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP INC | $196K | 16.78% |
| JPMORGAN CHASE and CO | $186K | 15.93% |
| MORGAN STANLEY | $167K | 14.31% |
| GOLDMAN SACHS GROUP INC (THE) | $158K | 13.51% |
| UBS GROUP AG | $113K | 9.67% |
| BANK OF AMERICA CORPORATION | $100K | 8.56% |
| BARCLAYS PLC | $71K | 6.12% |
| BANK OF MONTREAL QUE | $69K | 5.94% |
| JEFFERIES FINANCIAL GROUP INC | $59K | 5.03% |
| BNP PARIBAS | $49K | 4.17% |
FGEMX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $902K | 53.02% |
| JPMORGAN CHASE and CO | $799K | 46.98% |
Select Communication Services Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FGKMX | Class Z | 0.57% | none |
| FBMPX | Select Communication Services Portfolio | 0.64% | — |
| FGJMX | Class I | 0.69% | none |
| FGDMX | Class A | 0.94% | 5.75% |
| FGEMX | Class M | 1.19% | 3.50% |
| FGHMX | Class C | 1.69% | none |
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.