FMATX Fees and Costs — AIG Multi-Asset Allocation Fund, Class C
Data updated: 2021-06-29
The net expense ratio is 2.28%. This share class carries a deferred sales charge of up to 1.00%. Portfolio turnover was 10%.
FMATX Fees and Expenses
Annual operating expenses and sales charges of FMATX. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.10% |
| 12b-1 fee | 0.65% |
| Other expenses | 0.20% |
| Gross expense ratio | 2.28% |
| Fee waiver | — |
| Net expense ratio | 2.28% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
FMATX Costs Over Time
On $10,000 invested in FMATX, assuming 5% a year before costs, total costs come to $1,390 over 5 years, cutting the return by 2.39% 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 | $103 | $0 | $0 |
| Fund expenses (net expense ratio 2.28%) | $239 | $737 | $1,261 |
| Lost growth on money paid in costs | $0 | $37 | $129 |
| Total costs | $342 | $774 | $1,390 |
| Value after costs | $10,158 | $10,802 | $11,373 |
| Impact on return, per year | 3.42% | 2.39% | 2.39% |
FMATX 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.