HRETX Fees and Costs — Harbor Robeco Emerging Markets Conservative Equities Fund, Institutional Class
Data updated: 2021-06-29
The net expense ratio is 0.83%: a 0.68% management fee plus 3.48% other expenses, less a 3.33% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $2K in broker commissions, 0.0543% of average net assets, and portfolio turnover was 28%.
HRETX Fees and Expenses
Annual operating expenses and sales charges of HRETX. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.68% |
| 12b-1 fee | 0.00% |
| Other expenses | 3.48% |
| Gross expense ratio | 4.16% |
| Fee waiver | −3.33% |
| Net expense ratio | 0.83% |
| 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 | No |
HRETX Costs Over Time
On $10,000 invested in HRETX, assuming 5% a year before costs, total costs come to $554 over 5 years, cutting the return by 0.93% 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 0.83%) | $87 | $272 | $473 |
| Trading costs (broker commissions) | $6 | $18 | $31 |
| Lost growth on money paid in costs | $0 | $14 | $51 |
| Total costs | $93 | $304 | $554 |
| Value after costs | $10,407 | $11,272 | $12,208 |
| Impact on return, per year | 0.93% | 0.93% | 0.93% |
HRETX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0543%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $127
- Portfolio turnover (prospectus): 28%
- Securities lending: none during the year
HRETX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $973 | 62.16% |
| Credit Suisse Securities (USA) LLC | $164 | 10.46% |
| Instinet, LLC | $121 | 7.72% |
| HSBC Securities (USA) Inc. | $109 | 6.95% |
| Morgan Stanley & Co. LLC | $78 | 4.97% |
| Citigroup Global Markets Inc. | $58 | 3.72% |
| Goldman Sachs & Co. LLC | $51 | 3.23% |
| Nomura Securities International, Inc. | $12 | 0.79% |
HRETX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $127 | 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.