SEMBX Fees and Costs — Semper Brentview Dividend Growth Equity Fund, Institutional Class
Data updated: 2022-04-29
The net expense ratio is 1.00%: a 0.70% management fee plus 0.65% other expenses, less a 0.35% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $616 in broker commissions, 0.0209% of average net assets.
SEMBX Fees and Expenses
Annual operating expenses and sales charges of SEMBX. Prospectus, as of May 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.65% |
| Gross expense ratio | 1.35% |
| Fee waiver | −0.35% |
| Net expense ratio | 1.00% |
| 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 | Yes |
SEMBX Costs Over Time
On $10,000 invested in SEMBX, assuming 5% a year before costs, total costs come to $638 over 5 years, cutting the return by 1.07% 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 1.00%) | $105 | $328 | $568 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $107 | $351 | $638 |
| Value after costs | $10,393 | $11,225 | $12,125 |
| Impact on return, per year | 1.07% | 1.07% | 1.07% |
SEMBX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0209%
- Total broker commissions: $616
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
SEMBX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CAPITAL INSTITUTIONAL SERVICES, INC. | $602 | 97.61% |
| TUDOR PICKERING HOLT & CO ADVISORS LP | $15 | 2.39% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.