OAIEX Fees and Costs — Optimum International Fund, Class A
Data updated: 2026-08-26
The net expense ratio is 1.32%: a 0.73% management fee, a 0.25% 12b-1 fee plus 0.34% other expenses. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2026 the fund paid $430K in broker commissions, 0.0441% of average net assets, and portfolio turnover was 75%.
OAIEX Fees and Expenses
Annual operating expenses and sales charges of OAIEX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.73% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.34% |
| Gross expense ratio | 1.32% |
| Fee waiver | — |
| Net expense ratio | 1.32% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
OAIEX Costs Over Time
On $10,000 invested in OAIEX, assuming 5% a year before costs, total costs come to $1,532 over 5 years, cutting the return by 2.65% 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 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.32%) | $131 | $406 | $701 |
| Trading costs (broker commissions) | $4 | $14 | $23 |
| Lost growth on money paid in costs | $29 | $111 | $232 |
| Total costs | $739 | $1,106 | $1,532 |
| Value after costs | $9,761 | $10,470 | $11,231 |
| Impact on return, per year | 7.39% | 3.46% | 2.65% |
OAIEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0441%
- Total broker commissions: $430K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 75%
- Securities lending: none during the year
OAIEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $63K | 17.35% |
| CitiGroup Global Markets Inc. | $52K | 14.33% |
| HSBC SECURITIES (USA) INC. | $40K | 11.19% |
| GOLDMAN SACHS & CO. LLC | $39K | 10.88% |
| JEFFERIES LLC | $38K | 10.63% |
| MORGAN STANLEY & CO. LLC | $36K | 10.08% |
| J.P. Morgan Securities LLC | $35K | 9.71% |
| INSTINET LLC | $28K | 7.79% |
| BOFA SECURITIES, INC. | $17K | 4.61% |
| CLSA AMERICAS, LLC | $12K | 3.44% |
Optimum International Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| OIIEX | Institutional Class | 1.07% | none |
| OAIEX | Class A | 1.32% | 5.75% |
| OCIEX | Class C | 2.07% | none |
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.