HRMEX Fees and Costs — Harbor Robeco Emerging Markets Active Equities Fund, Retirement Class
Data updated: 2021-06-29
The net expense ratio is 0.80%: a 0.72% management fee plus 4.50% other expenses, less a 4.43% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $2K in broker commissions, 0.0707% of average net assets, and portfolio turnover was 47%.
HRMEX Fees and Expenses
Annual operating expenses and sales charges of HRMEX. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.72% |
| 12b-1 fee | 0.00% |
| Other expenses | 4.50% |
| Gross expense ratio | 5.23% |
| Fee waiver | −4.43% |
| Net expense ratio | 0.80% |
| 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 |
HRMEX Costs Over Time
On $10,000 invested in HRMEX, assuming 5% a year before costs, total costs come to $546 over 5 years, cutting the return by 0.91% 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 0.80%) | $84 | $262 | $456 |
| Trading costs (broker commissions) | $7 | $23 | $40 |
| Lost growth on money paid in costs | $0 | $14 | $50 |
| Total costs | $91 | $300 | $546 |
| Value after costs | $10,409 | $11,276 | $12,217 |
| Impact on return, per year | 0.91% | 0.91% | 0.91% |
HRMEX 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): 0.0707%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $5K
- Portfolio turnover (prospectus): 47%
- Securities lending: none during the year
HRMEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $946 | 47.68% |
| Credit Suisse Securities (USA) LLC | $319 | 16.10% |
| Citigroup Global Markets Inc. | $270 | 13.64% |
| Instinet, LLC | $103 | 5.20% |
| Morgan Stanley & Co. LLC | $93 | 4.71% |
| HSBC Securities (USA) Inc. | $84 | 4.25% |
| Goldman Sachs & Co. LLC | $73 | 3.66% |
| BNP Paribas Securities Corp. | $38 | 1.89% |
| Nomura Securities International, Inc. | $36 | 1.83% |
| CLSA Americas, LLC | $21 | 1.04% |
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.