MPUSX Fees and Costs — Mondrian U.S. Small Cap Equity Fund
Data updated: 2022-06-28
The net expense ratio is 0.90%: a 0.80% management fee plus 4.07% other expenses, less a 3.97% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $262 in broker commissions, 0.0166% of average net assets, and portfolio turnover was 38%.
MPUSX Fees and Expenses
Annual operating expenses and sales charges of MPUSX. Prospectus, as of February 28, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | — |
| Other expenses | 4.07% |
| Gross expense ratio | 4.87% |
| Fee waiver | −3.97% |
| Net expense ratio | 0.90% |
| 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 |
MPUSX Costs Over Time
On $10,000 invested in MPUSX, assuming 5% a year before costs, total costs come to $574 over 5 years, cutting the return by 0.96% 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 0.90%) | $94 | $295 | $512 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $96 | $315 | $574 |
| Value after costs | $10,404 | $11,261 | $12,189 |
| Impact on return, per year | 0.96% | 0.96% | 0.96% |
MPUSX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0166%
- Total broker commissions: $262
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 38%
- Securities lending: none during the year
MPUSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SANFORD C. BERNSTEIN & CO., LLC | $261 | 99.59% |
| GOLDMAN, SACHS & CO. | $1 | 0.41% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.