JCKUX Fees and Costs — JPMorgan Core Focus SMA Fund, SMA Shares
Data updated: 2023-01-27
The net expense ratio is 0.00% (0.69% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 48%.
JCKUX Fees and Expenses
Annual operating expenses and sales charges of JCKUX. Prospectus, as of June 30, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.68% |
| Gross expense ratio | 0.69% |
| Fee waiver | −0.69% |
| Net expense ratio | 0.00% |
| 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 |
JCKUX Costs Over Time
On $10,000 invested in JCKUX, assuming 5% a year before costs, total costs come to $0 over 5 years, cutting the return by 0.00% 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 0.00%) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $0 | $0 |
| Total costs | $0 | $0 | $0 |
| Value after costs | $10,500 | $11,576 | $12,763 |
| Impact on return, per year | 0.00% | 0.00% | 0.00% |
JCKUX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2022.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $18.3M
- Portfolio turnover (prospectus): 48%
- Securities lending: none during the year
JCKUX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $3.0M | 22.67% |
| Morgan Stanley & Co. LLC | $2.1M | 16.09% |
| Goldman Sachs & Co. LLC | $1.7M | 12.62% |
| Credit Suisse Securities (USA) LLC | $1.4M | 10.39% |
| RBC Capital Markets, LLC | $1.0M | 7.68% |
| Stephens Inc. | $860K | 6.52% |
| BofA Securities, Inc. | $856K | 6.49% |
| Janney Montgomery Scott LLC | $832K | 6.31% |
| Pershing LLC | $797K | 6.04% |
| Millennium Advisors, LLC | $687K | 5.20% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.