SIMVX Fees and Costs — SIM Global Core Managed Volatility Fund, Class Z
Data updated: 2021-01-14
The net expense ratio is 2.39% (6.67% before fee waivers). There are no sales loads or redemption fees. In fiscal 2020 the fund paid $691 in broker commissions, 0.0173% of average net assets, and portfolio turnover was 172%.
SIMVX Fees and Expenses
Annual operating expenses and sales charges of SIMVX. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | — |
| Gross expense ratio | 6.67% |
| Fee waiver | −4.28% |
| Net expense ratio | 2.39% |
| 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 |
SIMVX Costs Over Time
On $10,000 invested in SIMVX, assuming 5% a year before costs, total costs come to $1,464 over 5 years, cutting the return by 2.53% 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 2.39%) | $251 | $772 | $1,318 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $39 | $136 |
| Total costs | $253 | $816 | $1,464 |
| Value after costs | $10,247 | $10,760 | $11,299 |
| Impact on return, per year | 2.53% | 2.53% | 2.53% |
SIMVX 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): 0.0173%
- Total broker commissions: $691
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 172%
- Securities lending: none during the year
SIMVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CAPITAL INSTITUTIONAL SERVICES, INC. | $691 | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.