SLGFX Fees and Costs — Simt Large Cap Index Fund, Class F
Data updated: 2026-08-28
The net expense ratio is 0.64%: a 0.05% management fee plus 0.59% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $12K in broker commissions, 0.0010% of average net assets, and portfolio turnover was 4%.
SLGFX Fees and Expenses
Annual operating expenses and sales charges of SLGFX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.05% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.59% |
| Gross expense ratio | 0.64% |
| Fee waiver | — |
| Net expense ratio | 0.64% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
SLGFX Costs Over Time
On $10,000 invested in SLGFX, assuming 5% a year before costs, total costs come to $404 over 5 years, cutting the return by 0.67% 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 0.64%) | $67 | $210 | $366 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $10 | $37 |
| Total costs | $67 | $221 | $404 |
| Value after costs | $10,433 | $11,355 | $12,359 |
| Impact on return, per year | 0.67% | 0.67% | 0.67% |
SLGFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0010%
- Total broker commissions: $12K
- Bought from dealers (principal trades, not a cost): $18.2M
- Portfolio turnover (prospectus): 4%
- Securities on loan, average value: $247K
- Net income from securities lending: $20K (0.002% of average net assets)
SLGFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J P MORGAN CHASE BANK | $6K | 49.01% |
| PIPER JAFFRAY | $2K | 13.98% |
| INSTINET | $1K | 10.94% |
| BAML | $969 | 8.51% |
| BARCLAY BANK PLC | $611 | 5.36% |
| UBS SECURITIES | $460 | 4.04% |
| CITIGROUP | $299 | 2.63% |
| MORGAN STANLEY & CO, INC | $291 | 2.55% |
| DIRECT TRADING INSTITUTIONAL INC | $178 | 1.57% |
| GOLDMAN, SACHS & CO. | $161 | 1.41% |
SLGFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J P MORGAN CHASE BANK | $17.8M | 97.65% |
| BAML | $416K | 2.28% |
| BARCLAY BANK PLC | $11K | 0.06% |
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.