HOPCX Fees and Costs — HSBC Radiant U.S. Smaller Companies Fund, Class C
Data updated: 2025-03-21
The net expense ratio is 2.20%: a 0.60% management fee, a 0.75% 12b-1 fee plus 7.47% other expenses, less a 6.62% fee waiver. This share class carries a deferred sales charge of up to 1.00%. Portfolio turnover was 84%.
HOPCX Fees and Expenses
Annual operating expenses and sales charges of HOPCX. Prospectus, as of February 28, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.75% |
| Other expenses | 7.47% |
| Gross expense ratio | 8.82% |
| Fee waiver | −6.62% |
| Net expense ratio | 2.20% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
HOPCX Costs Over Time
On $10,000 invested in HOPCX, assuming 5% a year before costs, total costs come to $1,343 over 5 years, cutting the return by 2.31% 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 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 2.20%) | $231 | $712 | $1,219 |
| Lost growth on money paid in costs | $0 | $36 | $125 |
| Total costs | $334 | $747 | $1,343 |
| Value after costs | $10,166 | $10,829 | $11,419 |
| Impact on return, per year | 3.34% | 2.31% | 2.31% |
HOPCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 84%
- Securities lending: none during the year
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.