MXEOX Fees and Costs — Empower Emerging Markets Equity Fund, Investor Class
Data updated: 2026-08-20
The net expense ratio is 1.26%: a 0.91% management fee plus 0.45% other expenses, less a 0.10% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2.0M in broker commissions, 0.1336% of average net assets, and portfolio turnover was 65%.
MXEOX Fees and Expenses
Annual operating expenses and sales charges of MXEOX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.91% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.45% |
| Gross expense ratio | 1.36% |
| Fee waiver | −0.10% |
| Net expense ratio | 1.26% |
| 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 |
MXEOX Costs Over Time
On $10,000 invested in MXEOX, assuming 5% a year before costs, total costs come to $865 over 5 years, cutting the return by 1.46% 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 1.26%) | $132 | $411 | $710 |
| Trading costs (broker commissions) | $14 | $44 | $75 |
| Lost growth on money paid in costs | $0 | $23 | $80 |
| Total costs | $146 | $477 | $865 |
| Value after costs | $10,354 | $11,099 | $11,898 |
| Impact on return, per year | 1.46% | 1.46% | 1.46% |
MXEOX 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): 0.1336%
- Total broker commissions: $2.0M
- Bought from dealers (principal trades, not a cost): $1.9B
- Portfolio turnover (prospectus): 65%
- Securities on loan, average value: $15.0M
- Net income from securities lending: $333K (0.022% of average net assets)
MXEOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $289K | 17.79% |
| J.P. MORGAN SECURITIES LLC | $258K | 15.87% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC | $236K | 14.50% |
| UBS SECURITIES LLC | $197K | 12.10% |
| CITIC SECURITIES INTERNATIONAL USA, LLC | $139K | 8.56% |
| GOLDMAN SACHS & CO. LLC | $131K | 8.08% |
| CITIGROUP GLOBAL MARKETS INC | $131K | 8.07% |
| HSBC SECURITIES (USA) INC | $90K | 5.53% |
| JEFFERIES LLC | $77K | 4.76% |
| MACQUARIE CAPITAL (USA) INC | $77K | 4.73% |
MXEOX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $284.5M | 18.57% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC | $262.0M | 17.11% |
| J.P. MORGAN SECURITIES LLC | $200.6M | 13.09% |
| UBS SECURITIES LLC | $164.8M | 10.76% |
| CITIGROUP GLOBAL MARKETS INC | $150.0M | 9.79% |
| CITIC SECURITIES INTERNATIONAL USA, LLC | $135.4M | 8.84% |
| GOLDMAN SACHS & CO. LLC | $133.0M | 8.68% |
| HSBC SECURITIES (USA) INC | $93.6M | 6.11% |
| MACQUARIE CAPITAL (USA) INC | $57.5M | 3.75% |
| JEFFERIES LLC | $50.4M | 3.29% |
Empower Emerging Markets Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MXENX | Institutional Class | 0.91% | — |
| MXEOX | Investor Class | 1.26% | — |
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.