GMWEX Fees and Costs — GuideMark World ex-US Fund, Service Shares
Data updated: 2026-08-26
The net expense ratio is 1.13% (1.19% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $88K in broker commissions, 0.0448% of average net assets, and portfolio turnover was 139%.
GMWEX Fees and Expenses
Annual operating expenses and sales charges of GMWEX. Prospectus, as of July 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.62% |
| Gross expense ratio | 1.19% |
| Fee waiver | −0.06% |
| Net expense ratio | 1.13% |
| 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 |
GMWEX Costs Over Time
On $10,000 invested in GMWEX, assuming 5% a year before costs, total costs come to $732 over 5 years, cutting the return by 1.23% 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 | $370 | $640 |
| Trading costs (broker commissions) | $5 | $15 | $25 |
| Lost growth on money paid in costs | $0 | $19 | $67 |
| Total costs | $123 | $403 | $732 |
| Value after costs | $10,377 | $11,173 | $12,031 |
| Impact on return, per year | 1.23% | 1.23% | 1.23% |
GMWEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0448%
- Total broker commissions: $88K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 139%
- Securities on loan, average value: $4.9M
- Net income from securities lending: $15K (0.007% of average net assets)
GMWEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities, LLC | $21K | 24.04% |
| Citigroup Global Markets Inc. | $12K | 13.60% |
| Morgan Stanley & Co., LLC | $12K | 13.25% |
| UBS Securities, LLC | $10K | 11.78% |
| RBC Capital Markets, LLC | $9K | 10.24% |
| BOFA Securities Inc. | $8K | 8.57% |
| Merrill Lynch Pierce Fenner & Smith Incorporated | $7K | 8.02% |
| UBS Asset Management (US) Inc. | $6K | 6.73% |
| BNY Mellon Capital Markets, LLC | $2K | 2.26% |
| Cowen and Company, LLC | $1K | 1.51% |
GuideMark World ex-US Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GIWEX | Institutional Shares | 0.82% | — |
| GMWEX | Service Shares | 1.13% | — |
| GWURX | RS Shares | 1.88% | — |
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.