MECIX Fees and Costs — AMG GW&K International Small Cap Fund, Class I
Data updated: 2026-09-28
The net expense ratio is 0.99%: a 0.69% management fee plus 0.69% other expenses, less a 0.39% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $32K in broker commissions, 0.0724% of average net assets, and portfolio turnover was 31%.
MECIX Fees and Expenses
Annual operating expenses and sales charges of MECIX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.69% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.69% |
| Gross expense ratio | 1.38% |
| Fee waiver | −0.39% |
| Net expense ratio | 0.99% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
MECIX Costs Over Time
On $10,000 invested in MECIX, assuming 5% a year before costs, total costs come to $664 over 5 years, cutting the return by 1.12% 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 0.99%) | $104 | $324 | $562 |
| Trading costs (broker commissions) | $8 | $24 | $41 |
| Lost growth on money paid in costs | $0 | $17 | $61 |
| Total costs | $112 | $365 | $664 |
| Value after costs | $10,388 | $11,211 | $12,099 |
| Impact on return, per year | 1.12% | 1.12% | 1.12% |
MECIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0724%
- Total broker commissions: $32K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 31%
- Securities on loan, average value: $1.6M
- Net income from securities lending: $30K (0.069% of average net assets)
MECIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| DAIWA CAPITAL MARKETS AMERICA INC. | $5K | 18.38% |
| Raymond James & Associates, Inc. | $4K | 15.75% |
| Peel Hunt Inc. | $4K | 13.74% |
| UBS Securities LLC | $3K | 11.14% |
| Carnegie AS | $3K | 9.99% |
| SCOTIA CAPITAL (USA) INC. | $2K | 9.07% |
| Berenberg Capital Markets LLC | $2K | 8.09% |
| MEDIOBANCA SECURITIES (USA) LLC | $2K | 6.04% |
| CGS - CIMB SECURITIES (USA), INC. | $1K | 4.42% |
| Robert W. Baird & Co. Incorporated | $928 | 3.37% |
AMG GW&K International Small Cap Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MECZX | Class Z | 0.89% | — |
| MECIX | Class I | 0.99% | — |
| MECAX | Class N | 1.14% | — |
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.