LCGFX Fees and Costs — William Blair Large Cap Growth Fund, Class I
Data updated: 2026-08-14
The net expense ratio is 0.65%: a 0.60% management fee plus 0.15% other expenses, less a 0.10% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $305K in broker commissions, 0.0112% of average net assets, and portfolio turnover was 41%.
LCGFX Fees and Expenses
Annual operating expenses and sales charges of LCGFX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.15% |
| Gross expense ratio | 0.75% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.65% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
LCGFX Costs Over Time
On $10,000 invested in LCGFX, assuming 5% a year before costs, total costs come to $416 over 5 years, cutting the return by 0.69% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $69 | $228 | $416 |
| Value after costs | $10,431 | $11,348 | $12,346 |
| Impact on return, per year | 0.69% | 0.69% | 0.69% |
LCGFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0112%
- Total broker commissions: $305K
- Bought from dealers (principal trades, not a cost): $2.6B
- Portfolio turnover (prospectus): 41%
- Securities lending: none during the year
LCGFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $42K | 18.29% |
| Goldman Sachs & Co. LLC | $39K | 16.92% |
| Robert W. Baird & Co. Incorporated | $33K | 14.30% |
| Piper Sandler & Co. | $27K | 11.65% |
| Stephens Inc. | $20K | 8.61% |
| TD Securities (USA) LLC | $19K | 8.49% |
| Virtu Americas LLC | $14K | 6.14% |
| Jefferies LLC | $14K | 6.11% |
| Liquidnet, Inc. | $11K | 4.97% |
| Penserra Securities LLC | $10K | 4.51% |
LCGFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $2.6B | 100.00% |
William Blair Large Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LCGJX | Class R6 | 0.60% | none |
| LCGFX | Class I | 0.65% | none |
| LCGNX | Class N | 0.90% | 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.