MPGVX Fees and Costs — Mondrian Global Equity Value Fund
Data updated: 2026-09-28
The net expense ratio is 0.74%: a 0.65% management fee plus 0.17% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $79K in broker commissions, 0.0271% of average net assets, and portfolio turnover was 43%.
MPGVX Fees and Expenses
Annual operating expenses and sales charges of MPGVX. Prospectus, as of March 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | — |
| Other expenses | 0.17% |
| Gross expense ratio | 0.82% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.74% |
| 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 |
MPGVX Costs Over Time
On $10,000 invested in MPGVX, assuming 5% a year before costs, total costs come to $482 over 5 years, cutting the return by 0.81% 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 0.74%) | $78 | $243 | $422 |
| Trading costs (broker commissions) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $81 | $264 | $482 |
| Value after costs | $10,419 | $11,312 | $12,281 |
| Impact on return, per year | 0.81% | 0.81% | 0.81% |
MPGVX 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): 0.0271%
- Total broker commissions: $79K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 43%
- Securities lending: none during the year
MPGVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SOCIETE GENERALE | $24K | 41.59% |
| UBS SECURITIES | $8K | 14.12% |
| BNP PARIBAS | $5K | 9.35% |
| CITIGROUP | $5K | 8.20% |
| BAML | $3K | 5.90% |
| JEFFERIES LLC | $3K | 5.89% |
| SMBC | $3K | 5.41% |
| J P MORGAN CHASE BANK | $3K | 5.26% |
| RBC CAPITAL | $2K | 4.27% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.