MXSLX Fees and Costs — Great-West Lifetime Conservative 2055 Fund, Investor Class
Data updated: 2021-03-11
The net expense ratio is 0.91% (0.92% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 34%.
MXSLX Fees and Expenses
Annual operating expenses and sales charges of MXSLX. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.12% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.35% |
| Gross expense ratio | 0.92% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.91% |
| 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 | No |
MXSLX Costs Over Time
On $10,000 invested in MXSLX, assuming 5% a year before costs, total costs come to $570 over 5 years, cutting the return by 0.96% 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 0.91%) | $96 | $298 | $518 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $96 | $313 | $570 |
| Value after costs | $10,404 | $11,263 | $12,193 |
| Impact on return, per year | 0.96% | 0.96% | 0.96% |
MXSLX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 34%
- Securities lending: none during the year
MXSLX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL INC. | $265K | 16.56% |
| MORGAN STANLEY & CO LLC | $223K | 13.95% |
| UBS SECURITIES LLC | $173K | 10.83% |
| J.P. MORGAN SECURITIES LLC | $168K | 10.50% |
| CREDIT SUISSE SECURITIES (USA) LLC | $151K | 9.42% |
| CITIGROUP GLOBAL MARKETS INC. | $143K | 8.92% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $141K | 8.81% |
| NATIONAL FINANCIAL SERVICES, LLC | $137K | 8.54% |
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $111K | 6.93% |
| GOLDMAN SACHS & CO. LLC | $88K | 5.53% |
MXSLX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $931.5M | 19.10% |
| J.P. MORGAN SECURITIES LLC | $926.9M | 19.01% |
| CITIGROUP GLOBAL MARKETS INC. | $745.4M | 15.28% |
| GOLDMAN SACHS & CO | $477.2M | 9.78% |
| WELLS FARGO SECURITIES INC. | $445.4M | 9.13% |
| MORGAN STANLEY & CO LLC | $427.4M | 8.76% |
| BARCLAYS CAPITAL INC. | $328.2M | 6.73% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $220.7M | 4.52% |
| CREDIT SUISSE SECURITIES (USA) LLC | $200.7M | 4.11% |
| HSBC SECURITIES (USA) INC. | $173.6M | 3.56% |
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.