JIHIX Fees and Costs — JPMorgan International Hedged Equity Fund, Class I
Data updated: 2025-06-24
The net expense ratio is 0.60%: a 0.25% management fee plus 0.57% other expenses, less a 0.22% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $76K in broker commissions, 0.0456% of average net assets, and portfolio turnover was 27%.
JIHIX Fees and Expenses
Annual operating expenses and sales charges of JIHIX. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.57% |
| Gross expense ratio | 0.82% |
| Fee waiver | −0.22% |
| Net expense ratio | 0.60% |
| 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 |
JIHIX Costs Over Time
On $10,000 invested in JIHIX, assuming 5% a year before costs, total costs come to $407 over 5 years, cutting the return by 0.68% 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 0.60%) | $63 | $197 | $343 |
| Trading costs (broker commissions) | $5 | $15 | $26 |
| Lost growth on money paid in costs | $0 | $10 | $37 |
| Total costs | $68 | $223 | $407 |
| Value after costs | $10,432 | $11,353 | $12,356 |
| Impact on return, per year | 0.68% | 0.68% | 0.68% |
JIHIX 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): 0.0456%
- Total broker commissions: $76K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 27%
- Securities lending: none during the year
JIHIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jane Street Execution Services, LLC | $29K | 41.77% |
| UBS Securities LLC | $13K | 19.60% |
| Goldman Sachs & Co. LLC | $10K | 13.97% |
| Citigroup Global Markets Inc. | $5K | 7.65% |
| Morgan Stanley & Co. LLC | $3K | 4.87% |
| BNP Paribas Securities Corp. | $2K | 3.34% |
| Jefferies LLC | $2K | 2.81% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $2K | 2.78% |
| Mizuho Securities USA LLC | $1K | 1.60% |
| Credit Agricole Securities (USA) Inc. | $1K | 1.59% |
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.