MXEEX Fees and Costs — Great-West Core Strategies: Short Duration Bond Fund, Institutional Class
Data updated: 2022-07-07
The net expense ratio is 0.25%: a 0.23% management fee plus 6.26% other expenses, less a 6.24% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 193%.
MXEEX Fees and Expenses
Annual operating expenses and sales charges of MXEEX. Prospectus, as of August 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.23% |
| 12b-1 fee | 0.00% |
| Other expenses | 6.26% |
| Gross expense ratio | 6.49% |
| Fee waiver | −6.24% |
| Net expense ratio | 0.25% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
MXEEX Costs Over Time
On $10,000 invested in MXEEX, assuming 5% a year before costs, total costs come to $159 over 5 years, cutting the return by 0.26% 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 0.25%) | $26 | $83 | $144 |
| Lost growth on money paid in costs | $0 | $4 | $14 |
| Total costs | $26 | $87 | $159 |
| Value after costs | $10,474 | $11,490 | $12,604 |
| Impact on return, per year | 0.26% | 0.26% | 0.26% |
MXEEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $3.3M
- Portfolio turnover (prospectus): 193%
- Securities on loan, average value: $18K
- Net income from securities lending: $15 (0.000% of average net assets)
MXEEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO SECURITIES, LLC | $1.5M | 47.43% |
| BARCLAYS CAPITAL INC | $1.0M | 30.72% |
| MARKET AXESS INC | $212K | 6.48% |
| MORGAN STANLEY & CO LLC | $204K | 6.25% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC | $149K | 4.56% |
| J.P. MORGAN SECURITIES LLC | $149K | 4.56% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.