POIIX Fees and Costs — Polen International Growth Fund, Institutional Class
Data updated: 2026-09-22
The net expense ratio is 1.10%: a 0.85% management fee plus 0.27% other expenses, less a 0.02% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $126K in broker commissions, 0.1085% of average net assets, and portfolio turnover was 59%.
POIIX Fees and Expenses
Annual operating expenses and sales charges of POIIX. Prospectus, as of August 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | — |
| Other expenses | 0.27% |
| Gross expense ratio | 1.12% |
| Fee waiver | −0.02% |
| Net expense ratio | 1.10% |
| 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 |
POIIX Costs Over Time
On $10,000 invested in POIIX, assuming 5% a year before costs, total costs come to $753 over 5 years, cutting the return by 1.27% 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 1.10%) | $116 | $360 | $622 |
| Trading costs (broker commissions) | $11 | $35 | $61 |
| Lost growth on money paid in costs | $0 | $20 | $69 |
| Total costs | $127 | $415 | $753 |
| Value after costs | $10,373 | $11,162 | $12,010 |
| Impact on return, per year | 1.27% | 1.27% | 1.27% |
POIIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.1085%
- Total broker commissions: $126K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 59%
- Securities lending: none during the year
POIIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES LLC | $32K | 28.43% |
| Berenberg Capital Markets LLC | $18K | 16.27% |
| JP MORGAN SECURITIES LLC | $13K | 11.74% |
| UBS Securities LLC | $12K | 10.19% |
| REDBURN (USA) LLC | $11K | 9.97% |
| CLSA AMERICAS, LLC | $7K | 6.32% |
| SMBC NIKKO SECURITIES AMERICA, INC. | $7K | 6.16% |
| Stiftelsen D. Carnegie & Co | $5K | 4.05% |
| MORGAN STANLEY & CO. LLC | $4K | 3.68% |
| BTIG, LLC | $4K | 3.20% |
Polen International Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| POIIX | Institutional Class | 1.10% | — |
| POIRX | Investor Class | 1.35% | — |
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.