JEFGX Fees and Costs — Global Equity Trust, Series I
Data updated: 2026-08-27
The net expense ratio is 0.93%: a 0.80% management fee, a 0.05% 12b-1 fee plus 0.09% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $99K in broker commissions, 0.0335% of average net assets, and portfolio turnover was 42%.
JEFGX Fees and Expenses
Annual operating expenses and sales charges of JEFGX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.05% |
| Other expenses | 0.09% |
| Gross expense ratio | 0.94% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.93% |
| 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 |
JEFGX Costs Over Time
On $10,000 invested in JEFGX, assuming 5% a year before costs, total costs come to $603 over 5 years, cutting the return by 1.01% 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 0.93%) | $98 | $305 | $529 |
| Trading costs (broker commissions) | $4 | $11 | $19 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $101 | $331 | $603 |
| Value after costs | $10,399 | $11,245 | $12,160 |
| Impact on return, per year | 1.01% | 1.01% | 1.01% |
JEFGX 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): 0.0335%
- Total broker commissions: $99K
- Bought from dealers (principal trades, not a cost): $152.4M
- Portfolio turnover (prospectus): 42%
- Securities lending: none during the year
JEFGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $16K | 19.52% |
| Morgan Stanley & Co. LLC | $15K | 18.53% |
| Citigroup Global Markets Holdings Inc. | $15K | 17.91% |
| UBS AG | $9K | 10.79% |
| Barclays Bank PLC | $6K | 7.80% |
| Instinet, LLC | $5K | 6.46% |
| Redburn (Europe) Limited | $4K | 5.21% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $4K | 5.01% |
| Sanford C. Bernstein & Co., LLC | $4K | 4.62% |
| Piper Sandler & Co. | $3K | 4.16% |
JEFGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Holdings Inc. | $152.4M | 100.00% |
Global Equity Trust Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JAJGX | Class NAV | 0.88% | — |
| JEFGX | Series I | 0.93% | — |
| JAJFX | Series II | 1.13% | — |
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.