ILCEX Fees and Costs — Nomura Large Cap Growth Fund, Class E
Data updated: 2026-08-26
The net expense ratio is 1.10%: a 0.61% management fee, a 0.25% 12b-1 fee plus 0.24% other expenses. This share class carries a maximum front-end sales load of 2.50% and a deferred sales charge of up to 1.00%. In fiscal 2026 the fund paid $595K in broker commissions, 0.0078% of average net assets, and portfolio turnover was 24%.
ILCEX Fees and Expenses
Annual operating expenses and sales charges of ILCEX. Prospectus, as of March 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.61% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.24% |
| Gross expense ratio | 1.10% |
| Fee waiver | — |
| Net expense ratio | 1.10% |
| Sales charges | |
|---|---|
| Max front load | 2.50% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
ILCEX Costs Over Time
On $10,000 invested in ILCEX, assuming 5% a year before costs, total costs come to $993 over 5 years, cutting the return by 1.69% 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 |
| Sales charges | $351 | $250 | $250 |
| Fund expenses (net expense ratio 1.10%) | $113 | $351 | $608 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $13 | $57 | $131 |
| Total costs | $477 | $660 | $993 |
| Value after costs | $10,023 | $10,916 | $11,770 |
| Impact on return, per year | 4.77% | 2.04% | 1.69% |
ILCEX 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): 0.0078%
- Total broker commissions: $595K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 24%
- Securities lending: none during the year
ILCEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $110K | 23.72% |
| MORGAN STANLEY & CO. LLC | $66K | 14.35% |
| UBS SECURITIES LLC | $45K | 9.71% |
| J.P. Morgan Securities LLC | $42K | 9.05% |
| CITADEL SECURITIES LLC | $39K | 8.39% |
| RBC CAPITAL MARKETS, LLC | $38K | 8.22% |
| BOFA SECURITIES, INC. | $36K | 7.83% |
| BARCLAYS CAPITAL, INC. | $32K | 7.03% |
| CitiGroup Global Markets Inc. | $28K | 6.07% |
| VIRTU AMERICAS LLC | $26K | 5.63% |
Nomura Large Cap 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 |
|---|---|---|---|
| ILGRX | Class R6 | 0.55% | none |
| IYGIX | Institutional Class | 0.64% | none |
| WLGAX | Class A | 0.89% | 5.75% |
| WLGYX | Class Y | 0.89% | none |
| ILCEX | Class E | 1.10% | 2.50% |
| WLGRX | Class R | 1.14% | none |
| WLGCX | Class C | 1.64% | 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.