SIMUX Fees and Costs — SIM U.S. Core Managed Volatility Fund, Class Z
Data updated: 2021-01-14
The net expense ratio is 2.31% (6.76% before fee waivers). There are no sales loads or redemption fees. In fiscal 2020 the fund paid $515 in broker commissions, 0.0170% of average net assets, and portfolio turnover was 167%.
SIMUX Fees and Expenses
Annual operating expenses and sales charges of SIMUX. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | — |
| Gross expense ratio | 6.76% |
| Fee waiver | −4.45% |
| Net expense ratio | 2.31% |
| 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 |
SIMUX Costs Over Time
On $10,000 invested in SIMUX, assuming 5% a year before costs, total costs come to $1,417 over 5 years, cutting the return by 2.44% 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 2.31%) | $243 | $746 | $1,276 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $38 | $132 |
| Total costs | $244 | $789 | $1,417 |
| Value after costs | $10,256 | $10,787 | $11,345 |
| Impact on return, per year | 2.44% | 2.44% | 2.44% |
SIMUX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0170%
- Total broker commissions: $515
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 167%
- Securities lending: none during the year
SIMUX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CAPITAL INSTITUTIONAL SERVICES, INC. | $515 | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.