JSPUX Fees and Costs — Jackson Square Global Growth Fund, IS Class
Data updated: 2023-01-17
The net expense ratio is 0.98%: a 0.75% management fee plus 1.02% other expenses, less a 0.79% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 31%.
JSPUX Fees and Expenses
Annual operating expenses and sales charges of JSPUX. Prospectus, as of February 28, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.02% |
| Gross expense ratio | 1.77% |
| Fee waiver | −0.79% |
| Net expense ratio | 0.98% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
JSPUX Costs Over Time
On $10,000 invested in JSPUX, assuming 5% a year before costs, total costs come to $613 over 5 years, cutting the return by 1.03% 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 0.98%) | $103 | $321 | $557 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $103 | $337 | $613 |
| Value after costs | $10,397 | $11,239 | $12,150 |
| Impact on return, per year | 1.03% | 1.03% | 1.03% |
JSPUX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 31%
- Securities lending: none during the year
JSPUX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. Inc. | $2K | 26.39% |
| Merrill Lynch Inc. | $1K | 25.49% |
| J.P. Morgan Securities LLC | $842 | 14.49% |
| Barclay Investments Ltd. | $628 | 10.81% |
| HSBC | $369 | 6.35% |
| Sanford C. Bernstein & Co. LLC | $290 | 4.99% |
| Liquidnet Ltd. | $282 | 4.85% |
| Kepler Capital Markets, Inc. | $169 | 2.91% |
| Goldman Sachs & Co. | $120 | 2.07% |
| William Blair & Company LLC | $95 | 1.64% |
JSPUX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. | $101K | 51.50% |
| Merrill Lynch Inc. | $95K | 48.50% |
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.