REMCX Fees and Costs — Emerging Markets Fund, Class C
Data updated: 2026-09-25
The net expense ratio is 2.17%: a 0.93% management fee, a 0.75% 12b-1 fee plus 0.61% other expenses, less a 0.12% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $777K in broker commissions, 0.1027% of average net assets, and portfolio turnover was 57%.
REMCX Fees and Expenses
Annual operating expenses and sales charges of REMCX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.93% |
| 12b-1 fee | 0.75% |
| Other expenses | 0.61% |
| Gross expense ratio | 2.29% |
| Fee waiver | −0.12% |
| Net expense ratio | 2.17% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
REMCX Costs Over Time
On $10,000 invested in REMCX, assuming 5% a year before costs, total costs come to $1,386 over 5 years, cutting the return by 2.39% 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 2.17%) | $228 | $702 | $1,200 |
| Trading costs (broker commissions) | $11 | $33 | $57 |
| Lost growth on money paid in costs | $0 | $37 | $129 |
| Total costs | $239 | $771 | $1,386 |
| Value after costs | $10,261 | $10,805 | $11,377 |
| Impact on return, per year | 2.39% | 2.39% | 2.39% |
REMCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1027%
- Total broker commissions: $777K
- Bought from dealers (principal trades, not a cost): $635.3M
- Portfolio turnover (prospectus): 57%
- Securities lending: none during the year
REMCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CLSA Americas, LLC | $191K | 28.30% |
| Goldman Sachs & Co. LLC | $105K | 15.47% |
| Nomura Securities International, Inc. | $88K | 13.05% |
| Macquarie Capital (USA) Inc. | $67K | 9.93% |
| Jefferies LLC | $65K | 9.67% |
| Eurobank Ergasias Services and Holdings S.A. | $54K | 8.00% |
| BNY Capital Markets, LLC | $29K | 4.28% |
| BofA Securities, Inc. | $27K | 4.04% |
| HSBC Securities (USA) Inc. | $27K | 4.01% |
| Citigroup Global Markets Inc. | $22K | 3.23% |
REMCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $634.8M | 99.93% |
| Louisiana Court of Appeal, First Circuit | $451K | 0.07% |
Emerging Markets Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| REMYX | Class Y | 0.99% | none |
| REGRX | Class R6 | 1.02% | none |
| RMMTX | Class M | 1.07% | none |
| REMSX | Class S | 1.17% | none |
| REMAX | Class A | 1.42% | 5.75% |
| REMCX | Class C | 2.17% | 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.