GTCEX Fees and Costs — Strategic Equity Portfolio
Data updated: 2026-09-14
The net expense ratio is 0.89%: a 0.55% management fee plus 0.34% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $14K in broker commissions, 0.0087% of average net assets, and portfolio turnover was 51%.
GTCEX Fees and Expenses
Annual operating expenses and sales charges of GTCEX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | — |
| Other expenses | 0.34% |
| Gross expense ratio | 0.89% |
| Fee waiver | — |
| Net expense ratio | 0.89% |
| 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 |
GTCEX Costs Over Time
On $10,000 invested in GTCEX, assuming 5% a year before costs, total costs come to $563 over 5 years, cutting the return by 0.94% 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 0.89%) | $93 | $292 | $507 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $94 | $309 | $563 |
| Value after costs | $10,406 | $11,267 | $12,200 |
| Impact on return, per year | 0.94% | 0.94% | 0.94% |
GTCEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0087%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): $138.4M
- Portfolio turnover (prospectus): 51%
- Securities on loan, average value: $363K
- Net income from securities lending: $60 (0.000% of average net assets)
GTCEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $2K | 16.01% |
| Piper Sandler & Co. | $2K | 15.18% |
| Liquidnet, Inc. | $2K | 13.27% |
| Wells Fargo Securities, LLC | $1K | 9.73% |
| Goldman Sachs & Co. LLC | $1K | 9.49% |
| Nomura Securities International, Inc. | $1K | 8.60% |
| National Financial Services LLC | $1K | 8.48% |
| UBS Securities LLC | $969 | 8.00% |
| Citigroup Global Markets Inc. | $774 | 6.40% |
| Truist Securities, Inc. | $586 | 4.84% |
GTCEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $138.4M | 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.