HRIEX Fees and Costs — Harbor Robeco International Conservative Equities Fund, Institutional Class
Data updated: 2021-06-29
The net expense ratio is 0.53%: a 0.40% management fee plus 3.35% other expenses, less a 3.22% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $834 in broker commissions, 0.0293% of average net assets, and portfolio turnover was 32%.
HRIEX Fees and Expenses
Annual operating expenses and sales charges of HRIEX. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 3.35% |
| Gross expense ratio | 3.75% |
| Fee waiver | −3.22% |
| Net expense ratio | 0.53% |
| 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 |
HRIEX Costs Over Time
On $10,000 invested in HRIEX, assuming 5% a year before costs, total costs come to $353 over 5 years, cutting the return by 0.59% 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 0.53%) | $56 | $174 | $304 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $9 | $32 |
| Total costs | $59 | $193 | $353 |
| Value after costs | $10,441 | $11,383 | $12,410 |
| Impact on return, per year | 0.59% | 0.59% | 0.59% |
HRIEX 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): 0.0293%
- Total broker commissions: $834
- Bought from dealers (principal trades, not a cost): $2K
- Portfolio turnover (prospectus): 32%
- Securities lending: none during the year
HRIEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $325 | 38.92% |
| J.P. Morgan Securities LLC | $262 | 31.42% |
| BofA Securities, Inc. | $77 | 9.23% |
| Instinet, LLC | $61 | 7.37% |
| Citigroup Global Markets Inc. | $44 | 5.31% |
| UBS Securities LLC | $32 | 3.81% |
| Morgan Stanley & Co. LLC | $32 | 3.79% |
| CIBC World Markets Corp. | $1 | 0.15% |
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.