JOGEX Fees and Costs — JOHCM Global Select Fund, Advisor Shares
Data updated: 2025-08-26
The net expense ratio is 1.08%: a 0.87% management fee, a 0.10% 12b-1 fee plus 0.26% other expenses, less a 0.16% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $72K in broker commissions, 0.1171% of average net assets, and portfolio turnover was 86%.
JOGEX Fees and Expenses
Annual operating expenses and sales charges of JOGEX. Prospectus, as of January 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.87% |
| 12b-1 fee | 0.10% |
| Other expenses | 0.26% |
| Gross expense ratio | 1.24% |
| Fee waiver | −0.16% |
| Net expense ratio | 1.08% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
JOGEX Costs Over Time
On $10,000 invested in JOGEX, assuming 5% a year before costs, total costs come to $746 over 5 years, cutting the return by 1.26% 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 1.08%) | $113 | $353 | $611 |
| Trading costs (broker commissions) | $12 | $38 | $66 |
| Lost growth on money paid in costs | $0 | $19 | $69 |
| Total costs | $126 | $411 | $746 |
| Value after costs | $10,374 | $11,165 | $12,017 |
| Impact on return, per year | 1.26% | 1.26% | 1.26% |
JOGEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.1171%
- Total broker commissions: $72K
- Bought from dealers (principal trades, not a cost): $100.6M
- Portfolio turnover (prospectus): 86%
- Securities lending: none during the year
JOGEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS AG | $15K | 26.86% |
| Merrill Lynch International | $9K | 16.15% |
| JP Morgan Securities Plc | $7K | 11.35% |
| Goldman Sachs International | $6K | 10.67% |
| Liquidnet Europe Limited | $4K | 7.66% |
| Sanford Bernstein | $4K | 6.30% |
| Jefferies International Limited | $3K | 5.82% |
| Barclays Plc | $3K | 5.77% |
| Citigroup Global Markets Ltd | $3K | 4.77% |
| CLSA (UK) | $3K | 4.65% |
JOGEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| NORTHERN INSTITUTIONAL TREASURY PORTFOLIO | $100.6M | 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.