MGRIX Fees and Costs — Marsico Growth Fund, Investor Class
Data updated: 2026-08-26
The net expense ratio is 1.28%: a 0.78% management fee, a 0.25% 12b-1 fee plus 0.25% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $181K in broker commissions, 0.0414% of average net assets, and portfolio turnover was 117%.
MGRIX Fees and Expenses
Annual operating expenses and sales charges of MGRIX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.78% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.25% |
| Gross expense ratio | 1.28% |
| Fee waiver | — |
| Net expense ratio | 1.28% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
MGRIX Costs Over Time
On $10,000 invested in MGRIX, assuming 5% a year before costs, total costs come to $821 over 5 years, cutting the return by 1.39% 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 1.28%) | $134 | $418 | $722 |
| Trading costs (broker commissions) | $4 | $14 | $23 |
| Lost growth on money paid in costs | $0 | $21 | $76 |
| Total costs | $139 | $453 | $821 |
| Value after costs | $10,361 | $11,123 | $11,942 |
| Impact on return, per year | 1.39% | 1.39% | 1.39% |
MGRIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0414%
- Total broker commissions: $181K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 117%
- Securities lending: none during the year
MGRIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $44K | 24.17% |
| SANFORD C. BERNSTEIN AND CO., LLC | $39K | 21.78% |
| JEFFERIES LLC | $29K | 16.12% |
| TD SECURITIES USA LLC | $22K | 12.03% |
| MORGAN STANLEY AND CO. LLC | $15K | 8.03% |
| BARCLAYS CAPITAL INC. | $11K | 6.34% |
| VIRTU AMERICAS, LLC | $11K | 6.04% |
| COWEN AND COMPANY, LLC | $6K | 3.47% |
| EVERCORE GROUP L.L.C. | $4K | 2.01% |
Marsico 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 |
|---|---|---|---|
| MIGWX | Institutional Class | 1.02% | — |
| MGRIX | Investor Class | 1.28% | — |
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.