JFCIX Fees and Costs — Fundamental All Cap Core Fund, Class I
Data updated: 2026-07-27
The net expense ratio is 0.82%: a 0.67% management fee plus 0.20% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $28K in broker commissions, 0.0047% of average net assets, and portfolio turnover was 26%.
JFCIX Fees and Expenses
Annual operating expenses and sales charges of JFCIX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.67% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.20% |
| Gross expense ratio | 0.87% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.82% |
| 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 |
JFCIX Costs Over Time
On $10,000 invested in JFCIX, assuming 5% a year before costs, total costs come to $518 over 5 years, cutting the return by 0.87% 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 0.82%) | $86 | $269 | $468 |
| Trading costs (broker commissions) | $0 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $13 | $47 |
| Total costs | $87 | $284 | $518 |
| Value after costs | $10,413 | $11,292 | $12,245 |
| Impact on return, per year | 0.87% | 0.87% | 0.87% |
JFCIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0047%
- Total broker commissions: $28K
- Bought from dealers (principal trades, not a cost): $21.0M
- Portfolio turnover (prospectus): 26%
- Securities lending: none during the year
JFCIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $16K | 54.82% |
| Citigroup Global Markets Holdings Inc. | $5K | 16.83% |
| Stifel, Nicolaus & Company, Incorporated | $3K | 9.14% |
| Morgan Stanley & Co. LLC | $2K | 7.82% |
| Goldman Sachs & Co. LLC | $1K | 4.54% |
| UBS AG | $891 | 3.15% |
| Sanford C. Bernstein & Co., LLC | $867 | 3.06% |
| Royal Bank of Canada | $176 | 0.62% |
| Instinet, LLC | $7 | 0.03% |
JFCIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $21.0M | 100.00% |
Fundamental All Cap Core Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JFAIX | Class R6 | 0.72% | none |
| JFCIX | Class I | 0.82% | none |
| JFARX | Class R4 | 0.97% | none |
| JFCAX | Class A | 1.12% | 5.00% |
| JFACX | Class R2 | 1.22% | none |
| JFCCX | Class C | 1.82% | none |
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.