SBIIX Fees and Costs — Sterling Capital Behavioral International Equity Fund, Institutional Class
Data updated: 2025-02-28
The net expense ratio is 0.68%: a 0.40% management fee plus 0.28% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $118K in broker commissions, 0.0918% of average net assets, and portfolio turnover was 86%.
SBIIX Fees and Expenses
Annual operating expenses and sales charges of SBIIX. Prospectus, as of January 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.28% |
| Gross expense ratio | 0.68% |
| Fee waiver | — |
| Net expense ratio | 0.68% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
SBIIX Costs Over Time
On $10,000 invested in SBIIX, assuming 5% a year before costs, total costs come to $485 over 5 years, cutting the return by 0.81% 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 0.68%) | $71 | $223 | $388 |
| Trading costs (broker commissions) | $10 | $30 | $52 |
| Lost growth on money paid in costs | $0 | $13 | $44 |
| Total costs | $81 | $266 | $485 |
| Value after costs | $10,419 | $11,310 | $12,278 |
| Impact on return, per year | 0.81% | 0.81% | 0.81% |
SBIIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0918%
- Total broker commissions: $118K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 86%
- Securities lending: none during the year
SBIIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $118K | 100.00% |
SBIIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.