SPGIX Fees and Costs — SIMT Large Cap Growth Fund, Class I
Data updated: 2026-08-28
The net expense ratio is 1.23%: a 0.40% management fee plus 0.83% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $210K in broker commissions, 0.0145% of average net assets, and portfolio turnover was 63%.
SPGIX Fees and Expenses
Annual operating expenses and sales charges of SPGIX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.83% |
| Gross expense ratio | 1.23% |
| Fee waiver | — |
| Net expense ratio | 1.23% |
| 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 |
SPGIX Costs Over Time
On $10,000 invested in SPGIX, assuming 5% a year before costs, total costs come to $775 over 5 years, cutting the return by 1.31% 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 1.23%) | $129 | $402 | $695 |
| Trading costs (broker commissions) | $2 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $20 | $71 |
| Total costs | $131 | $427 | $775 |
| Value after costs | $10,369 | $11,149 | $11,988 |
| Impact on return, per year | 1.31% | 1.31% | 1.31% |
SPGIX 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): 0.0145%
- Total broker commissions: $210K
- Bought from dealers (principal trades, not a cost): $251.2M
- Portfolio turnover (prospectus): 63%
- Securities on loan, average value: $86K
- Net income from securities lending: $626 (0.000% of average net assets)
SPGIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO, INC | $47K | 22.51% |
| J P MORGAN CHASE BANK | $34K | 16.51% |
| GOLDMAN, SACHS & CO. | $34K | 16.46% |
| PERSHING LLC | $28K | 13.58% |
| BAML | $22K | 10.54% |
| ABEL NOSER CORPORATION | $17K | 8.12% |
| LIQUIDNET | $12K | 5.67% |
| SANFORD C. BERNSTEIN & CO., LLC | $6K | 3.03% |
| UBS SECURITIES | $6K | 2.70% |
| JEFFERIES LLC | $2K | 0.87% |
SPGIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BMO CAPITAL | $108.8M | 43.31% |
| SCOTIA CAPITAL (USA) INC. | $65.4M | 26.06% |
| J P MORGAN CHASE BANK | $38.5M | 15.32% |
| NATIONAL BANK FINANCIAL | $35.5M | 14.12% |
| RBC CAPITAL | $3.0M | 1.19% |
SIMT Large Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SLRYX | Class Y | 0.73% | — |
| SELCX | Class F | 0.98% | — |
| SPGIX | Class I | 1.23% | — |
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.