MVSRX Fees and Costs — Mar Vista Strategic Growth Fund, Retirement Shares
Data updated: 2025-03-26
The net expense ratio is 0.64% (1.12% before fee waivers). There are no sales loads or redemption fees. In fiscal 2024 the fund paid $8K in broker commissions, 0.0148% of average net assets, and portfolio turnover was 21%.
MVSRX Fees and Expenses
Annual operating expenses and sales charges of MVSRX. Prospectus, as of February 29, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | — |
| Gross expense ratio | 1.12% |
| Fee waiver | −0.48% |
| Net expense ratio | 0.64% |
| 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 |
MVSRX Costs Over Time
On $10,000 invested in MVSRX, assuming 5% a year before costs, total costs come to $412 over 5 years, cutting the return by 0.69% 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 0.64%) | $67 | $210 | $366 |
| Trading costs (broker commissions) | $2 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $69 | $226 | $412 |
| Value after costs | $10,431 | $11,350 | $12,350 |
| Impact on return, per year | 0.69% | 0.69% | 0.69% |
MVSRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0148%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 21%
- Securities on loan, average value: $7.5M
- Net income from securities lending: $12K (0.023% of average net assets)
MVSRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET LLC | $4K | 47.74% |
| J.P. MORGAN SECURITIES LLC | $823 | 10.58% |
| ISI FINANCIAL GROUP INC | $724 | 9.31% |
| MORGAN STANLEY & CO. LLC | $539 | 6.92% |
| RBC CAPITAL MARKETS LLC | $413 | 5.32% |
| BARCLAYS CAPITAL INC | $367 | 4.71% |
| VIRTU FINANCIAL CAPITAL MARKETS LLC | $359 | 4.62% |
| ROBERT W. BAIRD & CO. INCORPORATED | $345 | 4.44% |
| LOOP CAPITAL MARKETS LLC | $269 | 3.46% |
| PERSHING LLC | $225 | 2.90% |
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.