MPEMX Fees and Costs — Mondrian Emerging Markets Value Equity Fund, Institutional Class
Data updated: 2026-09-28
The net expense ratio is 0.92%: a 0.75% management fee plus 0.73% other expenses, less a 0.56% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $8K in broker commissions, 0.0374% of average net assets, and portfolio turnover was 44%.
MPEMX Fees and Expenses
Annual operating expenses and sales charges of MPEMX. Prospectus, as of March 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | — |
| Other expenses | 0.73% |
| Gross expense ratio | 1.48% |
| Fee waiver | −0.56% |
| Net expense ratio | 0.92% |
| 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 |
MPEMX Costs Over Time
On $10,000 invested in MPEMX, assuming 5% a year before costs, total costs come to $599 over 5 years, cutting the return by 1.01% 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 0.92%) | $97 | $302 | $523 |
| Trading costs (broker commissions) | $4 | $12 | $21 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $101 | $329 | $599 |
| Value after costs | $10,399 | $11,247 | $12,163 |
| Impact on return, per year | 1.01% | 1.01% | 1.01% |
MPEMX 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): 0.0374%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 44%
- Securities lending: none during the year
MPEMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J P MORGAN CHASE BANK | $3K | 26.72% |
| JEFFERIES LLC | $1K | 14.10% |
| BAML | $1K | 13.60% |
| CHINA INTL CAPITAL CORP | $1K | 11.35% |
| CLSA LTD | $999 | 10.02% |
| GOLDMAN, SACHS & CO. | $683 | 6.85% |
| MAGNA SECURITIES CORPORATION | $647 | 6.49% |
| UBS SECURITIES | $577 | 5.79% |
| UBS INTERNATIONAL INC | $506 | 5.08% |
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.