FMABX Fees and Costs — AIG Multi-Asset Allocation Fund, Class B
Data updated: 2021-06-29
The net expense ratio is 2.32%. This share class carries a deferred sales charge of up to 4.00%. Portfolio turnover was 10%.
FMABX Fees and Expenses
Annual operating expenses and sales charges of FMABX. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.10% |
| 12b-1 fee | 0.65% |
| Other expenses | 0.24% |
| Gross expense ratio | 2.32% |
| Fee waiver | — |
| Net expense ratio | 2.32% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 4.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
FMABX Costs Over Time
On $10,000 invested in FMABX, assuming 5% a year before costs, total costs come to $1,413 over 5 years, cutting the return by 2.44% 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 |
| Sales charges | $410 | $0 | $0 |
| Fund expenses (net expense ratio 2.32%) | $244 | $750 | $1,282 |
| Lost growth on money paid in costs | $0 | $37 | $131 |
| Total costs | $654 | $787 | $1,413 |
| Value after costs | $9,846 | $10,789 | $11,349 |
| Impact on return, per year | 6.54% | 2.44% | 2.44% |
FMABX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 10%
- Securities lending: none during the year
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.