FMIEX Fees and Costs — Wasatch Global Value Fund, Investor Class Shares
Data updated: 2026-08-26
The net expense ratio is 1.10%: a 0.90% management fee plus 0.26% other expenses, less a 0.06% fee waiver. This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $53K in broker commissions, 0.0402% of average net assets, and portfolio turnover was 24%.
FMIEX Fees and Expenses
Annual operating expenses and sales charges of FMIEX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | — |
| Other expenses | 0.26% |
| Gross expense ratio | 1.16% |
| Fee waiver | −0.06% |
| Net expense ratio | 1.10% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
FMIEX Costs Over Time
On $10,000 invested in FMIEX, assuming 5% a year before costs, total costs come to $711 over 5 years, cutting the return by 1.20% 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 1.10%) | $116 | $360 | $623 |
| Trading costs (broker commissions) | $4 | $13 | $23 |
| Lost growth on money paid in costs | $0 | $18 | $65 |
| Total costs | $120 | $391 | $711 |
| Value after costs | $10,380 | $11,185 | $12,052 |
| Impact on return, per year | 1.20% | 1.20% | 1.20% |
FMIEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0402%
- Total broker commissions: $53K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 24%
- Securities lending: none during the year
FMIEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $18K | 40.31% |
| CLSA Americas, LLC | $6K | 12.01% |
| Goldman Sachs & Co. LLC | $4K | 9.78% |
| J.P. Morgan Securities LLC | $4K | 8.05% |
| Macquarie Capital (USA) Inc. | $3K | 6.64% |
| SG Americas Securities, LLC | $3K | 6.43% |
| Evercore Group L.L.C. | $3K | 5.81% |
| KB Securities Co., Ltd. | $2K | 4.45% |
| BNP Paribas Securities Corp. | $2K | 4.39% |
| Barclays Capital Inc. | $974 | 2.12% |
Wasatch Global Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| WILCX | Institutional Class Shares | 0.95% | none |
| FMIEX | Investor Class Shares | 1.10% | 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.