JTKIX Fees and Costs — Global Thematic Opportunities Fund, Class I
Data updated: 2025-03-31
The net expense ratio is 0.95%: a 0.82% management fee plus 0.29% other expenses, less a 0.16% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $81K in broker commissions, 0.0410% of average net assets, and portfolio turnover was 42%.
JTKIX Fees and Expenses
Annual operating expenses and sales charges of JTKIX. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.82% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.29% |
| Gross expense ratio | 1.11% |
| Fee waiver | −0.16% |
| Net expense ratio | 0.95% |
| 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 |
JTKIX Costs Over Time
On $10,000 invested in JTKIX, assuming 5% a year before costs, total costs come to $620 over 5 years, cutting the return by 1.04% 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 0.95%) | $100 | $311 | $540 |
| Trading costs (broker commissions) | $4 | $13 | $23 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $104 | $341 | $620 |
| Value after costs | $10,396 | $11,235 | $12,143 |
| Impact on return, per year | 1.04% | 1.04% | 1.04% |
JTKIX 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): 0.0410%
- Total broker commissions: $81K
- Bought from dealers (principal trades, not a cost): $302K
- Portfolio turnover (prospectus): 42%
- Securities on loan, average value: $142K
- Net income from securities lending: $80 (0.000% of average net assets)
JTKIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Holdings Inc. | $11K | 16.48% |
| Morgan Stanley & Co. LLC | $10K | 15.07% |
| Goldman Sachs & Co. LLC | $8K | 12.21% |
| UBS AG | $6K | 9.47% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $6K | 9.47% |
| BNP Paribas | $6K | 9.20% |
| J.P. Morgan Securities LLC | $5K | 8.15% |
| Cantor Fitzgerald & Co. | $5K | 8.01% |
| Macquarie Group Limited | $4K | 6.96% |
| Cowen & Company | $3K | 4.98% |
JTKIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Royal Bank of Canada | $302K | 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.