IZISX Fees and Costs — Invesco International Select Equity Fund, Class R6
Data updated: 2023-09-28
The net expense ratio is 0.96%: a 0.94% management fee plus 0.15% other expenses, less a 0.13% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $226K in broker commissions, 0.1019% of average net assets, and portfolio turnover was 53%.
IZISX Fees and Expenses
Annual operating expenses and sales charges of IZISX. Prospectus, as of October 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.94% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.15% |
| Gross expense ratio | 1.09% |
| Fee waiver | −0.13% |
| Net expense ratio | 0.96% |
| 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 |
IZISX Costs Over Time
On $10,000 invested in IZISX, assuming 5% a year before costs, total costs come to $663 over 5 years, cutting the return by 1.11% 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 0.96%) | $101 | $314 | $545 |
| Trading costs (broker commissions) | $11 | $33 | $58 |
| Lost growth on money paid in costs | $0 | $17 | $61 |
| Total costs | $111 | $365 | $663 |
| Value after costs | $10,389 | $11,211 | $12,099 |
| Impact on return, per year | 1.11% | 1.11% | 1.11% |
IZISX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.1019%
- Total broker commissions: $226K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 53%
- Securities on loan, average value: $1.6M
- Net income from securities lending: $4K (0.002% of average net assets)
IZISX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS INC. | $27K | 17.42% |
| GOLDMAN, SACHS & CO. | $22K | 14.39% |
| J.P. MORGAN SECURITIES LLC | $19K | 12.40% |
| CITIC SECURITIES INTERNATIONAL USA, LLC | $18K | 11.58% |
| CREDIT SUISSE SECURITIES (USA) LLC | $14K | 8.98% |
| MACQUARIE CAPITAL (USA) INC. | $12K | 7.85% |
| BERENBERG CAPITAL MARKETS LLC | $11K | 7.11% |
| MORGAN STANLEY & CO. LLC | $11K | 7.08% |
| UBS SECURITIES LLC | $10K | 6.61% |
| HSBC SECURITIES (USA) INC. | $10K | 6.58% |
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.