SPGEX Fees and Costs — Symmetry Panoramic Global Equity Fund, Class I
Data updated: 2026-07-29
The net expense ratio is 0.77% (0.96% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $21K in broker commissions, 0.0055% of average net assets, and portfolio turnover was 21%.
SPGEX Fees and Expenses
Annual operating expenses and sales charges of SPGEX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.63% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.22% |
| Gross expense ratio | 0.96% |
| Fee waiver | −0.19% |
| Net expense ratio | 0.77% |
| 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 | Yes |
SPGEX Costs Over Time
On $10,000 invested in SPGEX, assuming 5% a year before costs, total costs come to $487 over 5 years, cutting the return by 0.81% 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 0.77%) | $81 | $253 | $440 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $13 | $45 |
| Total costs | $81 | $267 | $487 |
| Value after costs | $10,419 | $11,309 | $12,276 |
| Impact on return, per year | 0.81% | 0.81% | 0.81% |
SPGEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0055%
- Total broker commissions: $21K
- Bought from dealers (principal trades, not a cost): $60.0M
- Portfolio turnover (prospectus): 21%
- Securities lending: none during the year
SPGEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J P MORGAN CHASE BANK | $5K | 24.91% |
| VIRTU FINANCIAL BD LLC | $5K | 22.61% |
| INSTINET | $3K | 12.47% |
| GOLDMAN, SACHS & CO. | $2K | 10.33% |
| BONDDESK TRADING LLC | $2K | 9.10% |
| MORGAN STANLEY & CO, INC | $2K | 7.75% |
| BAML | $1K | 5.93% |
| UBS FINANCIAL SERVICES INC | $636 | 3.00% |
| JEFFERIES LLC | $550 | 2.60% |
| BNP PARIBAS | $276 | 1.30% |
SPGEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BANK OF NEW YORK | $59.7M | 99.52% |
| GOLDMAN, SACHS & CO. | $257K | 0.43% |
| J P MORGAN CHASE BANK | $30K | 0.05% |
| CITIGROUP | $96 | 0.00% |
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.