RMLAX Fees and Costs — Moderate Strategy Fund, Class A
Data updated: 2026-09-25
The net expense ratio is 1.04% (1.36% before fee waivers). This share class carries a maximum front-end sales load of 5.75% and a deferred sales charge of up to 1.00%. Portfolio turnover was 21%.
RMLAX Fees and Expenses
Annual operating expenses and sales charges of RMLAX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.17% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.40% |
| Gross expense ratio | 1.36% |
| Fee waiver | −0.32% |
| Net expense ratio | 1.04% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
RMLAX Costs Over Time
On $10,000 invested in RMLAX, assuming 5% a year before costs, total costs come to $1,346 over 5 years, cutting the return by 2.32% 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 | $673 | $575 | $575 |
| Fund expenses (net expense ratio 1.04%) | $103 | $321 | $556 |
| Lost growth on money paid in costs | $29 | $107 | $215 |
| Total costs | $805 | $1,003 | $1,346 |
| Value after costs | $9,695 | $10,574 | $11,416 |
| Impact on return, per year | 8.05% | 3.12% | 2.32% |
RMLAX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $51.4M
- Portfolio turnover (prospectus): 21%
- Securities lending: none during the year
RMLAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Russell Investments Limited | $51.4M | 100.00% |
Moderate Strategy Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RMTTX | Class M | 0.77% | none |
| RMLRX | Class R1 | 0.79% | none |
| RMLSX | Class S | 0.87% | none |
| RMLUX | Class R4 | 1.01% | none |
| RMLAX | Class A | 1.04% | 5.75% |
| RMLVX | Class R5 | 1.29% | none |
| RMLCX | Class C | 1.79% | 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.