FGNSX Fees and Costs — Strategic Advisers Tax-Sensitive Short Duration Fund
Data updated: 2026-08-12
The net expense ratio is 0.10% (0.35% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $392 in broker commissions, and portfolio turnover was 64%.
FGNSX Fees and Expenses
Annual operating expenses and sales charges of FGNSX. Prospectus, as of July 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.32% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.35% |
| Fee waiver | −0.25% |
| Net expense ratio | 0.10% |
| 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 |
FGNSX Costs Over Time
On $10,000 invested in FGNSX, assuming 5% a year before costs, total costs come to $64 over 5 years, cutting the return by 0.10% 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 0.10%) | $10 | $33 | $58 |
| Lost growth on money paid in costs | $0 | $2 | $6 |
| Total costs | $10 | $35 | $64 |
| Value after costs | $10,490 | $11,542 | $12,699 |
| Impact on return, per year | 0.10% | 0.10% | 0.10% |
FGNSX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: $392
- Bought from dealers (principal trades, not a cost): $3.8B
- Portfolio turnover (prospectus): 64%
- Securities lending: none during the year
FGNSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| FLOW TRADERS LTD | $392 | 99.99% |
| GOLDMAN SACHS GROUP INC (THE) | $0 | 0.01% |
FGNSX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $912.4M | 26.84% |
| BANK OF AMERICA CORPORATION | $677.2M | 19.92% |
| WELLS FARGO and CO | $335.4M | 9.87% |
| BARCLAYS PLC | $327.2M | 9.63% |
| TRUIST FINANCIAL CORP | $231.2M | 6.80% |
| THE TORONTO DOMINION BANK | $218.5M | 6.43% |
| GOLDMAN SACHS GROUP INC (THE) | $210.7M | 6.20% |
| MORGAN STANLEY | $205.7M | 6.05% |
| RBC Investor Services Trust | $157.1M | 4.62% |
| RBC Capital Markets, LLC | $123.6M | 3.64% |
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.