IBIIX Fees and Costs — Delaware Global Equity Fund II, Class I
Data updated: 2024-08-27
The net expense ratio is 0.92%: a 0.70% management fee plus 0.23% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $183K in broker commissions, 0.0645% of average net assets, and portfolio turnover was 25%.
IBIIX Fees and Expenses
Annual operating expenses and sales charges of IBIIX. Prospectus, as of March 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.23% |
| Gross expense ratio | 0.93% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.92% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
IBIIX Costs Over Time
On $10,000 invested in IBIIX, assuming 5% a year before costs, total costs come to $616 over 5 years, cutting the return by 1.03% 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 0.92%) | $97 | $301 | $523 |
| Trading costs (broker commissions) | $7 | $21 | $37 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $103 | $339 | $616 |
| Value after costs | $10,397 | $11,238 | $12,147 |
| Impact on return, per year | 1.03% | 1.03% | 1.03% |
IBIIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0645%
- Total broker commissions: $183K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 25%
- Securities lending: none during the year
IBIIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $106K | 65.13% |
| MORGAN STANLEY & CO. LLC | $11K | 6.92% |
| BOFA SECURITIES, INC. | $9K | 5.37% |
| JEFFERIES LLC | $7K | 4.50% |
| UBS Securities LLC | $7K | 4.29% |
| J.P. Morgan Securities LLC | $7K | 4.28% |
| BARCLAYS CAPITAL, INC. | $5K | 2.94% |
| CREDIT AGRICOLE SECURITIES (USA), INC. | $4K | 2.39% |
| TD SECURITIES (USA) LLC | $4K | 2.21% |
| GOLDMAN SACHS & CO. LLC | $3K | 1.97% |
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.