ICNGX Fees and Costs — Delaware International Equity Fund II, Class R6
Data updated: 2024-06-11
The net expense ratio is 0.65%: a 1.00% management fee plus 0.16% other expenses, less a 0.51% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $115K in broker commissions, 0.1058% of average net assets, and portfolio turnover was 36%.
ICNGX Fees and Expenses
Annual operating expenses and sales charges of ICNGX. Prospectus, as of March 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 1.16% |
| Fee waiver | −0.51% |
| Net expense ratio | 0.65% |
| 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 |
ICNGX Costs Over Time
On $10,000 invested in ICNGX, assuming 5% a year before costs, total costs come to $475 over 5 years, cutting the return by 0.79% 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 0.65%) | $68 | $213 | $371 |
| Trading costs (broker commissions) | $11 | $35 | $60 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $79 | $261 | $475 |
| Value after costs | $10,421 | $11,316 | $12,288 |
| Impact on return, per year | 0.79% | 0.79% | 0.79% |
ICNGX 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): 0.1058%
- Total broker commissions: $115K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 36%
- Securities lending: none during the year
ICNGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $58K | 58.59% |
| MORGAN STANLEY & CO. LLC | $8K | 7.96% |
| UBS Securities LLC | $6K | 6.27% |
| BOFA SECURITIES, INC. | $5K | 5.46% |
| J.P. Morgan Securities LLC | $5K | 4.82% |
| RBC CAPITAL MARKETS, LLC | $4K | 3.97% |
| BARCLAYS CAPITAL, INC. | $4K | 3.64% |
| GOLDMAN SACHS & CO. LLC | $3K | 3.46% |
| JEFFERIES LLC | $3K | 3.01% |
| CREDIT AGRICOLE SECURITIES (USA), INC. | $3K | 2.83% |
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.