JAADX Fees and Costs — International Small Company Trust, Series II
Data updated: 2026-08-27
The net expense ratio is 1.26%: a 0.80% management fee, a 0.25% 12b-1 fee plus 0.22% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $10K in broker commissions, 0.0097% of average net assets, and portfolio turnover was 15%.
JAADX Fees and Expenses
Annual operating expenses and sales charges of JAADX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.22% |
| Gross expense ratio | 1.27% |
| Fee waiver | −0.01% |
| Net expense ratio | 1.26% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
JAADX Costs Over Time
On $10,000 invested in JAADX, assuming 5% a year before costs, total costs come to $790 over 5 years, cutting the return by 1.33% 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 1.26%) | $132 | $412 | $712 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $21 | $73 |
| Total costs | $133 | $435 | $790 |
| Value after costs | $10,367 | $11,141 | $11,973 |
| Impact on return, per year | 1.33% | 1.33% | 1.33% |
JAADX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0097%
- Total broker commissions: $10K
- Bought from dealers (principal trades, not a cost): $92K
- Portfolio turnover (prospectus): 15%
- Securities on loan, average value: $2.2M
- Net income from securities lending: $63K (0.060% of average net assets)
JAADX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $3K | 31.99% |
| Instinet, LLC | $3K | 29.65% |
| UBS AG | $1K | 12.28% |
| Virtu Financial Ireland Limited | $926 | 9.28% |
| Goldman Sachs & Co. LLC | $577 | 5.78% |
| Virtu ITG LLC | $542 | 5.43% |
| BNP Paribas | $292 | 2.93% |
| ABN AMRO Bank N.V. | $131 | 1.32% |
| Citigroup Global Markets Holdings Inc. | $111 | 1.11% |
| DBS Vickers Securities Pte, Ltd. | $22 | 0.22% |
JAADX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Canaccord Genuity Group Inc. | $24K | 27.00% |
| UBS AG | $24K | 26.54% |
| Macquarie Group Limited | $7K | 7.89% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $7K | 7.53% |
| Euroz Hartleys Limited | $6K | 6.54% |
| J.P. Morgan Securities LLC | $6K | 6.45% |
| Morgans Financial Limited | $6K | 6.25% |
| Citigroup Global Markets Holdings Inc. | $4K | 4.97% |
| Morgan Stanley & Co. LLC | $3K | 3.89% |
| Instinet, LLC | $3K | 2.94% |
International Small Company Trust Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JAJDX | Class NAV | 1.01% | — |
| JAJCX | Series I | 1.06% | — |
| JAADX | Series II | 1.26% | — |
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.