GGEFX Fees and Costs — Summitry Equity Fund
Data updated: 2026-09-29
The net expense ratio is 1.26%: a 1.00% management fee plus 0.37% other expenses, less a 0.12% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $259 in broker commissions, 0.0003% of average net assets.
GGEFX Fees and Expenses
Annual operating expenses and sales charges of GGEFX. Prospectus, as of June 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.37% |
| Gross expense ratio | 1.38% |
| Fee waiver | −0.12% |
| Net expense ratio | 1.26% |
| 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 | Yes |
GGEFX Costs Over Time
On $10,000 invested in GGEFX, assuming 5% a year before costs, total costs come to $784 over 5 years, cutting the return by 1.32% 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 1.26%) | $132 | $412 | $712 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $20 | $72 |
| Total costs | $132 | $432 | $784 |
| Value after costs | $10,368 | $11,144 | $11,979 |
| Impact on return, per year | 1.32% | 1.32% | 1.32% |
GGEFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0003%
- Total broker commissions: $259
- Bought from dealers (principal trades, not a cost): $802K
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
GGEFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Charles Schwab & Co. Inc. | $259 | 100.00% |
GGEFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Charles Schwab & Co. Inc. | $802K | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.