SMGIX Fees and Costs — Columbia Contrarian Core Fund, Institutional Class
Data updated: 2026-07-29
The net expense ratio is 0.73%: a 0.60% management fee plus 0.13% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $3.0M in broker commissions, 0.0235% of average net assets, and portfolio turnover was 40%.
SMGIX Fees and Expenses
Annual operating expenses and sales charges of SMGIX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.13% |
| Gross expense ratio | 0.73% |
| Fee waiver | — |
| Net expense ratio | 0.73% |
| 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 | No |
SMGIX Costs Over Time
On $10,000 invested in SMGIX, assuming 5% a year before costs, total costs come to $474 over 5 years, cutting the return by 0.79% 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 0.73%) | $77 | $240 | $417 |
| Trading costs (broker commissions) | $2 | $8 | $13 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $79 | $260 | $474 |
| Value after costs | $10,421 | $11,317 | $12,289 |
| Impact on return, per year | 0.79% | 0.79% | 0.79% |
SMGIX 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): 0.0235%
- Total broker commissions: $3.0M
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 40%
- Securities lending: none during the year
SMGIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley | $522K | 21.06% |
| Goldman Sachs | $405K | 16.35% |
| JPMorgan | $392K | 15.84% |
| Virtu Americas LLC | $321K | 12.96% |
| Wells Fargo | $226K | 9.12% |
| Barclays | $174K | 7.01% |
| UBS | $145K | 5.84% |
| RBC Capital Markets | $104K | 4.21% |
| Citi | $98K | 3.95% |
| Jefferies LLC | $91K | 3.67% |
Columbia Contrarian Core Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| COFYX | Institutional 3 Class | 0.61% | none |
| COFRX | Institutional 2 Class | 0.66% | none |
| SMGEX | C000253719 | 0.73% | none |
| SMGIX | Institutional Class | 0.73% | none |
| LCCAX | Class A | 0.98% | 5.75% |
| CCCRX | Class R | 1.23% | none |
| LCCCX | Class C | 1.73% | 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.