MXMYX Fees and Costs — Great-West Invesco Small Cap Value Fund, Institutional Class
Data updated: 2021-03-11
The net expense ratio is 0.83%: a 0.80% management fee plus 0.07% other expenses, less a 0.04% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $279K in broker commissions, 0.0247% of average net assets, and portfolio turnover was 67%.
MXMYX Fees and Expenses
Annual operating expenses and sales charges of MXMYX. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.07% |
| Gross expense ratio | 0.87% |
| Fee waiver | −0.04% |
| Net expense ratio | 0.83% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
MXMYX Costs Over Time
On $10,000 invested in MXMYX, assuming 5% a year before costs, total costs come to $536 over 5 years, cutting the return by 0.90% 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 0.83%) | $87 | $272 | $473 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $14 | $49 |
| Total costs | $90 | $294 | $536 |
| Value after costs | $10,410 | $11,282 | $12,227 |
| Impact on return, per year | 0.90% | 0.90% | 0.90% |
MXMYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0247%
- Total broker commissions: $279K
- Bought from dealers (principal trades, not a cost): $9.1M
- Portfolio turnover (prospectus): 67%
- Securities on loan, average value: $2.2M
- Net income from securities lending: $33K (0.003% of average net assets)
MXMYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SUSQUEHANNA FINANCIAL GROUP LLLP | $141K | 50.68% |
| UBS SECURITIES LLC | $39K | 14.07% |
| BARCLAYS CAPITAL INC. | $38K | 13.68% |
| MORGAN STANLEY & CO LLC | $38K | 13.52% |
| CITIGROUP GLOBAL MARKETS INC. | $10K | 3.43% |
| J.P. MORGAN SECURITIES LLC | $6K | 2.19% |
| GOLDMAN SACHS & CO. LLC | $4K | 1.28% |
| CREDIT SUISSE SECURITIES (USA) LLC | $2K | 0.83% |
| RBC CAPITAL MARKETS LLC | $554 | 0.20% |
| LIQUIDNET INC | $313 | 0.11% |
MXMYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL INC. | $2.6M | 29.55% |
| MORGAN STANLEY & CO LLC | $1.7M | 19.07% |
| UBS SECURITIES LLC | $1.1M | 12.81% |
| CITIGROUP GLOBAL MARKETS INC. | $995K | 11.19% |
| SUSQUEHANNA FINANCIAL GROUP LLLP | $938K | 10.56% |
| J.P. MORGAN SECURITIES LLC | $721K | 8.11% |
| GOLDMAN SACHS & CO. LLC | $432K | 4.86% |
| CREDIT SUISSE SECURITIES (USA) LLC | $224K | 2.52% |
| RBC CAPITAL MARKETS LLC | $79K | 0.89% |
| JEFFERIES LLC | $39K | 0.44% |
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.