SIMMX Fees and Costs — SIM U.S. Managed Accumulation Fund, Class Z
Data updated: 2023-01-18
The net expense ratio is 1.66% (2.31% before fee waivers). There are no sales loads or redemption fees. In fiscal 2022 the fund paid $44 in broker commissions, 0.0015% of average net assets.
SIMMX Fees and Expenses
Annual operating expenses and sales charges of SIMMX. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 2.31% |
| Fee waiver | −0.65% |
| Net expense ratio | 1.66% |
| 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 |
SIMMX Costs Over Time
On $10,000 invested in SIMMX, assuming 5% a year before costs, total costs come to $1,026 over 5 years, cutting the return by 1.74% 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 1.66%) | $174 | $540 | $930 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $27 | $95 |
| Total costs | $174 | $567 | $1,026 |
| Value after costs | $10,326 | $11,009 | $11,737 |
| Impact on return, per year | 1.74% | 1.74% | 1.74% |
SIMMX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0015%
- Total broker commissions: $44
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
SIMMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Capital Institutional Services, Inc. | $44 | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.