IGIIX Fees and Costs — Nomura Global Growth Fund, Institutional Class
Data updated: 2026-08-26
The net expense ratio is 0.85%: a 0.85% management fee plus 0.20% other expenses, less a 0.20% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $554K in broker commissions, 0.0624% of average net assets, and portfolio turnover was 46%.
IGIIX Fees and Expenses
Annual operating expenses and sales charges of IGIIX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.20% |
| Gross expense ratio | 1.05% |
| Fee waiver | −0.20% |
| Net expense ratio | 0.85% |
| 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 |
IGIIX Costs Over Time
On $10,000 invested in IGIIX, assuming 5% a year before costs, total costs come to $572 over 5 years, cutting the return by 0.96% 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 0.85%) | $89 | $279 | $484 |
| Trading costs (broker commissions) | $7 | $20 | $36 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $96 | $314 | $572 |
| Value after costs | $10,404 | $11,262 | $12,191 |
| Impact on return, per year | 0.96% | 0.96% | 0.96% |
IGIIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0624%
- Total broker commissions: $554K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 46%
- Securities lending: none during the year
IGIIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $86K | 19.50% |
| JEFFERIES LLC | $73K | 16.55% |
| J.P. Morgan Securities LLC | $64K | 14.51% |
| BOFA SECURITIES, INC. | $49K | 10.99% |
| MORGAN STANLEY & CO. LLC | $45K | 10.10% |
| UBS SECURITIES LLC | $45K | 10.08% |
| BNP PARIBAS SECURITIES CORP. | $27K | 6.08% |
| GOLDMAN SACHS & CO. LLC | $18K | 4.13% |
| VIRTU AMERICAS LLC | $18K | 4.11% |
| BTIG, LLC | $17K | 3.94% |
Nomura Global Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ITGRX | Class R6 | 0.75% | none |
| IGIIX | Institutional Class | 0.85% | none |
| IVINX | Class A | 1.10% | 5.75% |
| IVIYX | Class Y | 1.10% | none |
| IYIGX | Class R | 1.35% | none |
| IVNCX | Class C | 1.85% | none |
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.