SEKAX Fees and Costs — DWS Emerging Markets Equity Fund, Class A
Data updated: 2026-09-25
The net expense ratio is 1.15%: a 0.70% management fee, a 0.24% 12b-1 fee plus 0.78% other expenses, less a 0.57% fee waiver. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2025 the fund paid $54K in broker commissions, 0.0878% of average net assets, and portfolio turnover was 94%.
SEKAX Fees and Expenses
Annual operating expenses and sales charges of SEKAX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.24% |
| Other expenses | 0.78% |
| Gross expense ratio | 1.72% |
| Fee waiver | −0.57% |
| Net expense ratio | 1.15% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 |
SEKAX Costs Over Time
On $10,000 invested in SEKAX, assuming 5% a year before costs, total costs come to $1,460 over 5 years, cutting the return by 2.52% 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 | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.15%) | $114 | $354 | $613 |
| Trading costs (broker commissions) | $9 | $27 | $47 |
| Lost growth on money paid in costs | $29 | $110 | $226 |
| Total costs | $726 | $1,066 | $1,460 |
| Value after costs | $9,774 | $10,510 | $11,303 |
| Impact on return, per year | 7.26% | 3.33% | 2.52% |
SEKAX 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): 0.0878%
- Total broker commissions: $54K
- Bought from dealers (principal trades, not a cost): $66.0M
- Portfolio turnover (prospectus): 94%
- Securities on loan, average value: $519K
- Net income from securities lending: $3K (0.005% of average net assets)
SEKAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $14K | 25.46% |
| BofA Securities, Inc. | $10K | 18.00% |
| Citigroup Global Markets Inc. | $8K | 14.18% |
| Morgan Stanley & Co. LLC | $7K | 13.75% |
| Goldman Sachs & Co. LLC | $6K | 10.75% |
| UBS Securities LLC | $4K | 7.46% |
| Nomura Securities International, Inc. | $2K | 3.59% |
| WOOD & Company Financial Services, a.s. | $2K | 3.35% |
| Agora Corretora de Titulos e Valores Mobiliarios S.A. | $1K | 2.10% |
| Scotia Capital (USA) Inc. | $724 | 1.36% |
SEKAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Brown Brothers Harriman Investments, LLC | $65.6M | 99.40% |
| Morgan Stanley & Co. LLC | $396K | 0.60% |
DWS Emerging Markets Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SEKIX | Institutional Class | 0.90% | none |
| SEKRX | Class R6 | 0.90% | none |
| SEMGX | Class S | 0.98% | none |
| SEKAX | Class A | 1.15% | 5.75% |
| SEKCX | Class C | 1.90% | 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.