SBHMX Fees and Costs — Segall Bryant & Hamill Emerging Markets Fund, Class I
Data updated: 2020-01-14
The net expense ratio is 1.23%: a 0.90% management fee plus 1.34% other expenses, less a 1.01% fee waiver. This share class carries a redemption fee of 2.00%. In fiscal 2019 the fund paid $58K in broker commissions, 0.1736% of average net assets, and portfolio turnover was 99%.
SBHMX Fees and Expenses
Annual operating expenses and sales charges of SBHMX. Prospectus, as of February 28, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.34% |
| Gross expense ratio | 2.24% |
| Fee waiver | −1.01% |
| Net expense ratio | 1.23% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
SBHMX Costs Over Time
On $10,000 invested in SBHMX, assuming 5% a year before costs, total costs come to $871 over 5 years, cutting the return by 1.47% 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 1.23%) | $129 | $401 | $693 |
| Trading costs (broker commissions) | $18 | $57 | $98 |
| Lost growth on money paid in costs | $0 | $23 | $80 |
| Total costs | $147 | $481 | $871 |
| Value after costs | $10,353 | $11,096 | $11,892 |
| Impact on return, per year | 1.47% | 1.47% | 1.47% |
SBHMX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.1736%
- Total broker commissions: $58K
- Bought from dealers (principal trades, not a cost): $16K
- Portfolio turnover (prospectus): 99%
- Securities lending: none during the year
SBHMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $20K | 34.62% |
| MACQUARIE CAPITAL (USA) INC. | $20K | 34.43% |
| UBS SECURITIES LLC | $18K | 30.96% |
SBHMX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $16K | 99.98% |
| UBS SECURITIES LLC | $2 | 0.01% |
| MACQUARIE CAPITAL (USA) INC. | $1 | 0.01% |
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.