MRLSX Fees and Costs — AMG Renaissance Large Cap Growth Fund, Class I
Data updated: 2026-08-27
The net expense ratio is 0.73%: a 0.48% management fee plus 0.36% other expenses, less a 0.11% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $21K in broker commissions, 0.0153% of average net assets, and portfolio turnover was 43%.
MRLSX Fees and Expenses
Annual operating expenses and sales charges of MRLSX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.48% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.36% |
| Gross expense ratio | 0.84% |
| Fee waiver | −0.11% |
| Net expense ratio | 0.73% |
| 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 |
MRLSX Costs Over Time
On $10,000 invested in MRLSX, assuming 5% a year before costs, total costs come to $469 over 5 years, cutting the return by 0.78% 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 0.73%) | $77 | $240 | $417 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $78 | $257 | $469 |
| Value after costs | $10,422 | $11,319 | $12,294 |
| Impact on return, per year | 0.78% | 0.78% | 0.78% |
MRLSX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0153%
- Total broker commissions: $21K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 43%
- Securities on loan, average value: $2.4M
- Net income from securities lending: $3K (0.002% of average net assets)
MRLSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Cowen and Company, LLC | $7K | 31.37% |
| INTERSTATE SECURITIES LIMITED | $5K | 25.21% |
| LIQUIDNET, INC. | $4K | 17.99% |
| Robert W. Baird & Co. Incorporated | $2K | 9.30% |
| WILLIAM BLAIR & COMPANY, L.L.C. | $2K | 7.28% |
| Raymond James & Associates, Inc. | $1K | 6.05% |
| INSTINET, LLC | $584 | 2.79% |
AMG Renaissance Large Cap 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 |
|---|---|---|---|
| MRLIX | Class Z | 0.66% | — |
| MRLSX | Class I | 0.73% | — |
| MRLTX | Class N | 1.00% | — |
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.