HCEGX Fees and Costs — The U.S. Equity Portfolio
Data updated: 2026-09-10
The net expense ratio is 0.16%: a 0.07% management fee plus 0.09% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $17K in broker commissions, 0.0009% of average net assets, and portfolio turnover was 5%.
HCEGX Fees and Expenses
Annual operating expenses and sales charges of HCEGX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.07% |
| 12b-1 fee | — |
| Other expenses | 0.09% |
| Gross expense ratio | 0.16% |
| Fee waiver | — |
| Net expense ratio | 0.16% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
HCEGX Costs Over Time
On $10,000 invested in HCEGX, assuming 5% a year before costs, total costs come to $102 over 5 years, cutting the return by 0.17% 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 0.16%) | $17 | $53 | $93 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $3 | $9 |
| Total costs | $17 | $56 | $102 |
| Value after costs | $10,483 | $11,520 | $12,660 |
| Impact on return, per year | 0.17% | 0.17% | 0.17% |
HCEGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0009%
- Total broker commissions: $17K
- Bought from dealers (principal trades, not a cost): $307.4M
- Portfolio turnover (prospectus): 5%
- Securities on loan, average value: $162K
- Net income from securities lending: $5K (0.000% of average net assets)
HCEGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Pershing LLC | $8K | 44.80% |
| Cowen and Company, LLC | $4K | 22.11% |
| Jane Street Capital, LLC | $3K | 16.50% |
| BNP Paribas Securities Corp. | $2K | 10.15% |
| UBS Securities LLC | $1K | 6.38% |
| Instinet, LLC | $11 | 0.06% |
HCEGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $307.4M | 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.