SGCIX Fees and Costs — SGI Conservative Fund, Institutional Class
Data updated: 2022-01-27
The net expense ratio is 1.73% (16.11% before fee waivers). There are no sales loads or redemption fees. In fiscal 2021 the fund paid $540 in broker commissions, 0.0412% of average net assets, and portfolio turnover was 65%.
SGCIX Fees and Expenses
Annual operating expenses and sales charges of SGCIX. Prospectus, as of December 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 15.33% |
| Gross expense ratio | 16.11% |
| Fee waiver | −14.38% |
| Net expense ratio | 1.73% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
SGCIX Costs Over Time
On $10,000 invested in SGCIX, assuming 5% a year before costs, total costs come to $1,091 over 5 years, cutting the return by 1.86% 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 1.73%) | $182 | $562 | $967 |
| Trading costs (broker commissions) | $4 | $13 | $23 |
| Lost growth on money paid in costs | $0 | $29 | $101 |
| Total costs | $186 | $604 | $1,091 |
| Value after costs | $10,314 | $10,972 | $11,672 |
| Impact on return, per year | 1.86% | 1.86% | 1.86% |
SGCIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0412%
- Total broker commissions: $540
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 65%
- Securities lending: none during the year
SGCIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CREDIT SUISSE | $398 | 73.67% |
| ITG INC. | $142 | 26.33% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.