MGIFX Fees and Costs — Mondrian Global Listed Infrastructure Fund
Data updated: 2026-06-26
The net expense ratio is 0.95%: a 0.85% management fee plus 4.47% other expenses, less a 4.37% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $360 in broker commissions, 0.0174% of average net assets, and portfolio turnover was 28%.
MGIFX Fees and Expenses
Annual operating expenses and sales charges of MGIFX. Prospectus, as of March 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | — |
| Other expenses | 4.47% |
| Gross expense ratio | 5.32% |
| Fee waiver | −4.37% |
| Net expense ratio | 0.95% |
| 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 |
MGIFX Costs Over Time
On $10,000 invested in MGIFX, assuming 5% a year before costs, total costs come to $606 over 5 years, cutting the return by 1.02% 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) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $102 | $333 | $606 |
| Value after costs | $10,398 | $11,244 | $12,157 |
| Impact on return, per year | 1.02% | 1.02% | 1.02% |
MGIFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0174%
- Total broker commissions: $360
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 28%
- Securities lending: none during the year
MGIFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SOCIETE GENERALE | $139 | 40.60% |
| CLSA LTD | $78 | 22.83% |
| H & R BLOCK FINANCIAL | $31 | 9.15% |
| LIQUIDNET | $27 | 7.87% |
| UBS SECURITIES | $22 | 6.50% |
| J P MORGAN CHASE BANK | $17 | 5.07% |
| CREDIT LYONNAIS SECURITIES (USA) INC | $10 | 3.00% |
| MORGAN STANLEY & CO, INC | $9 | 2.68% |
| BERENBERG | $8 | 2.32% |
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.