MIOFX Fees and Costs — Marsico International Opportunities Fund, Investor Class
Data updated: 2026-08-26
The net expense ratio is 1.51%: a 0.80% management fee, a 0.25% 12b-1 fee plus 0.45% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $99K in broker commissions, 0.1076% of average net assets, and portfolio turnover was 54%.
MIOFX Fees and Expenses
Annual operating expenses and sales charges of MIOFX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.45% |
| Gross expense ratio | 1.51% |
| Fee waiver | — |
| Net expense ratio | 1.51% |
| 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 |
MIOFX Costs Over Time
On $10,000 invested in MIOFX, assuming 5% a year before costs, total costs come to $999 over 5 years, cutting the return by 1.70% 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 1.51%) | $159 | $492 | $847 |
| Trading costs (broker commissions) | $11 | $35 | $60 |
| Lost growth on money paid in costs | $0 | $26 | $92 |
| Total costs | $170 | $553 | $999 |
| Value after costs | $10,330 | $11,024 | $11,763 |
| Impact on return, per year | 1.70% | 1.70% | 1.70% |
MIOFX 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): 0.1076%
- Total broker commissions: $99K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 54%
- Securities lending: none during the year
MIOFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SANFORD C. BERNSTEIN AND CO., LLC | $32K | 32.79% |
| BARCLAYS CAPITAL INC. | $27K | 27.53% |
| JEFFERIES LLC | $19K | 19.43% |
| UBS SECURITIES LLC | $17K | 16.83% |
| EVERCORE GROUP L.L.C. | $1K | 1.06% |
| MORGAN STANLEY AND CO. LLC | $845 | 0.86% |
| TD SECURITIES USA LLC | $810 | 0.82% |
| VIRTU AMERICAS, LLC | $436 | 0.44% |
| WILLIAM BLAIR | $231 | 0.23% |
Marsico International Opportunities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MIIOX | Institutional Class | 1.26% | — |
| MIOFX | Investor Class | 1.51% | — |
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.