SILVX Fees and Costs — SGI U.S. Large Cap Equity Fund, Class I
Data updated: 2026-07-28
The net expense ratio is 0.98%: a 0.70% management fee plus 0.28% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $129K in broker commissions, 0.0472% of average net assets, and portfolio turnover was 171%.
SILVX Fees and Expenses
Annual operating expenses and sales charges of SILVX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.28% |
| Gross expense ratio | 0.98% |
| Fee waiver | — |
| Net expense ratio | 0.98% |
| 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 |
SILVX Costs Over Time
On $10,000 invested in SILVX, assuming 5% a year before costs, total costs come to $642 over 5 years, cutting the return by 1.08% 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 0.98%) | $103 | $321 | $556 |
| Trading costs (broker commissions) | $5 | $15 | $27 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $108 | $353 | $642 |
| Value after costs | $10,392 | $11,223 | $12,121 |
| Impact on return, per year | 1.08% | 1.08% | 1.08% |
SILVX 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): 0.0472%
- Total broker commissions: $129K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 171%
- Securities lending: none during the year
SILVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH INC. | $88K | 68.18% |
| WACHOVIA BANK N.A. | $20K | 15.78% |
| INSTINET CLEARING SERVICES INC. | $15K | 11.76% |
| TELSEY ADVISORY GROUP | $4K | 2.83% |
| BARCLAY INVESTMENTS LTD. | $2K | 1.46% |
SGI U.S. Large Cap 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 |
|---|---|---|---|
| SILVX | Class I | 0.98% | none |
| LVOLX | Class A | 1.23% | 5.25% |
| SGLVX | C000110909 | 1.23% | none |
| SGICX | Class C | 1.98% | 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.