JETIX Fees and Costs — abrdn Global Equity Impact Fund, Institutional Class
Data updated: 2025-09-25
The net expense ratio is 1.05% (1.66% before fee waivers). There are no sales loads or redemption fees. In fiscal 2024 the fund paid $22K in broker commissions, 0.0495% of average net assets, and portfolio turnover was 49%.
JETIX Fees and Expenses
Annual operating expenses and sales charges of JETIX. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.76% |
| Gross expense ratio | 1.66% |
| Fee waiver | −0.61% |
| Net expense ratio | 1.05% |
| 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 | Yes |
JETIX Costs Over Time
On $10,000 invested in JETIX, assuming 5% a year before costs, total costs come to $686 over 5 years, cutting the return by 1.15% 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 1.05%) | $110 | $344 | $595 |
| Trading costs (broker commissions) | $5 | $16 | $28 |
| Lost growth on money paid in costs | $0 | $18 | $63 |
| Total costs | $115 | $378 | $686 |
| Value after costs | $10,385 | $11,199 | $12,076 |
| Impact on return, per year | 1.15% | 1.15% | 1.15% |
JETIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0495%
- Total broker commissions: $22K
- Bought from dealers (principal trades, not a cost): $28.6M
- Portfolio turnover (prospectus): 49%
- Securities lending: none during the year
JETIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $3K | 18.55% |
| Citigroup Global Markets Inc. | $3K | 16.67% |
| UBS Securities LLC | $2K | 14.76% |
| RBC Capital Markets, LLC | $1K | 9.02% |
| Morgan Stanley & Co. LLC | $1K | 8.48% |
| Cowen and Company, LLC | $1K | 8.18% |
| J.P. Morgan Securities LLC | $1K | 6.67% |
| BNY Capital Markets, LLC | $1K | 6.46% |
| BofA Securities, Inc. | $966 | 5.92% |
| Jefferies LLC | $863 | 5.29% |
JETIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $28.6M | 100.00% |
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.