SGLAX Fees and Costs — SGI Global Equity Fund, Class A
Data updated: 2026-07-28
The net expense ratio is 1.09%: a 0.70% management fee, a 0.25% 12b-1 fee plus 0.36% other expenses, less a 0.22% fee waiver. This share class carries a maximum front-end sales load of 5.25%. In fiscal 2024 the fund paid $67K in broker commissions, 0.0509% of average net assets, and portfolio turnover was 184%.
SGLAX Fees and Expenses
Annual operating expenses and sales charges of SGLAX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.36% |
| Gross expense ratio | 1.31% |
| Fee waiver | −0.22% |
| Net expense ratio | 1.09% |
| Sales charges | |
|---|---|
| Max front load | 5.25% |
| 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 |
SGLAX Costs Over Time
On $10,000 invested in SGLAX, assuming 5% a year before costs, total costs come to $1,344 over 5 years, cutting the return by 2.31% 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 | $525 | $525 | $525 |
| Fund expenses (net expense ratio 1.09%) | $108 | $338 | $585 |
| Trading costs (broker commissions) | $5 | $16 | $27 |
| Lost growth on money paid in costs | $26 | $100 | $207 |
| Total costs | $665 | $979 | $1,344 |
| Value after costs | $9,835 | $10,597 | $11,418 |
| Impact on return, per year | 6.65% | 3.05% | 2.31% |
SGLAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0509%
- Total broker commissions: $67K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 184%
- Securities lending: none during the year
SGLAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH INC. | $53K | 79.15% |
| BARCLAY INVESTMENTS LTD. | $6K | 9.12% |
| WACHOVIA BANK N.A. | $4K | 6.00% |
| INSTINET CLEARING SERVICES INC. | $2K | 3.03% |
| TELSEY ADVISORY GROUP | $2K | 2.69% |
SGI Global 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 |
|---|---|---|---|
| SGLIX | Class I | 0.84% | none |
| SGLAX | Class A | 1.09% | 5.25% |
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.