LGNGX Fees and Costs — Logan Capital Large Cap Growth Fund, Institutional Class
Data updated: 2022-09-26
The net expense ratio is 1.24%: a 0.65% management fee plus 0.59% other expenses. This share class carries a redemption fee of 1.00%. In fiscal 2022 the fund paid $1K in broker commissions, 0.0024% of average net assets, and portfolio turnover was 11%.
LGNGX Fees and Expenses
Annual operating expenses and sales charges of LGNGX. Prospectus, as of August 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.59% |
| Gross expense ratio | 1.24% |
| Fee waiver | — |
| Net expense ratio | 1.24% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | 1.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
LGNGX Costs Over Time
On $10,000 invested in LGNGX, assuming 5% a year before costs, total costs come to $773 over 5 years, cutting the return by 1.30% 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 1.24%) | $130 | $405 | $701 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $20 | $71 |
| Total costs | $130 | $426 | $773 |
| Value after costs | $10,370 | $11,150 | $11,989 |
| Impact on return, per year | 1.30% | 1.30% | 1.30% |
LGNGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0024%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 11%
- Securities lending: none during the year
LGNGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Cowen and Company, LLC | $784 | 65.22% |
| Loop Capital Markets LLC | $418 | 34.78% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.