GIEZX Fees and Costs — International Equity Fund, Investor Class
Data updated: 2026-08-27
The net expense ratio is 1.13%: a 0.76% management fee plus 0.36% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $924K in broker commissions, 0.0667% of average net assets, and portfolio turnover was 58%.
GIEZX Fees and Expenses
Annual operating expenses and sales charges of GIEZX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.76% |
| 12b-1 fee | — |
| Other expenses | 0.36% |
| Gross expense ratio | 1.13% |
| Fee waiver | — |
| Net expense ratio | 1.13% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
GIEZX Costs Over Time
On $10,000 invested in GIEZX, assuming 5% a year before costs, total costs come to $746 over 5 years, cutting the return by 1.26% 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 1.13%) | $119 | $369 | $639 |
| Trading costs (broker commissions) | $7 | $22 | $38 |
| Lost growth on money paid in costs | $0 | $19 | $69 |
| Total costs | $126 | $411 | $746 |
| Value after costs | $10,374 | $11,166 | $12,017 |
| Impact on return, per year | 1.26% | 1.26% | 1.26% |
GIEZX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0667%
- Total broker commissions: $924K
- Bought from dealers (principal trades, not a cost): $2.7B
- Portfolio turnover (prospectus): 58%
- Securities on loan, average value: $66.3M
- Net income from securities lending: $134K (0.010% of average net assets)
GIEZX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $130K | 23.20% |
| MERRILL LYNCH INTERNATIONAL LTD | $96K | 17.15% |
| J.P. MORGAN SECURITIES LLC | $64K | 11.41% |
| JEFFERIES LLC | $51K | 9.13% |
| BARCLAYS CAPITAL SECURITIES LIMITED | $49K | 8.67% |
| MORGAN STANLEY & CO. LLC | $42K | 7.40% |
| BNP PARIBAS | $35K | 6.21% |
| UBS AG | $34K | 6.03% |
| BARCLAYS BANK PLC | $32K | 5.67% |
| BERNSTEIN INSTITUTIONAL SERVICES LLC | $29K | 5.12% |
GIEZX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GUIDESTONE MONEY MARKET FUND | $1.2B | 57.39% |
| Merrill Lynch International | $193.2M | 9.48% |
| MORGAN STANLEY & CO. LLC | $123.7M | 6.07% |
| GOLDMAN SACHS & CO. LLC | $107.7M | 5.28% |
| J.P. MORGAN SECURITIES LLC | $92.3M | 4.53% |
| UBS AG | $76.8M | 3.77% |
| BNP PARIBAS | $76.0M | 3.73% |
| JEFFERIES LLC | $66.9M | 3.28% |
| BARCLAYS CAPITAL SECURITIES LIMITED | $66.8M | 3.28% |
| JPMorgan Chase Bank, National Association | $64.6M | 3.17% |
International Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GIEYX | Institutional Class | 0.86% | — |
| GIEZX | Investor Class | 1.13% | — |
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.