SPUSX Fees and Costs — Symmetry Panoramic US Equity Fund, Class I
Data updated: 2026-07-29
The net expense ratio is 0.65% (0.84% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $10K in broker commissions, 0.0024% of average net assets, and portfolio turnover was 18%.
SPUSX Fees and Expenses
Annual operating expenses and sales charges of SPUSX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.22% |
| Gross expense ratio | 0.84% |
| Fee waiver | −0.19% |
| Net expense ratio | 0.65% |
| 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 |
SPUSX Costs Over Time
On $10,000 invested in SPUSX, assuming 5% a year before costs, total costs come to $411 over 5 years, cutting the return by 0.69% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $69 | $225 | $411 |
| Value after costs | $10,431 | $11,351 | $12,352 |
| Impact on return, per year | 0.69% | 0.69% | 0.69% |
SPUSX 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): 0.0024%
- Total broker commissions: $10K
- Bought from dealers (principal trades, not a cost): $40.2M
- Portfolio turnover (prospectus): 18%
- Securities lending: none during the year
SPUSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| VIRTU FINANCIAL BD LLC | $6K | 57.82% |
| TRADEWEB DIRECT | $2K | 15.44% |
| INSTINET | $1K | 10.54% |
| JEFFERIES LLC | $963 | 9.77% |
| GOLDMAN, SACHS & CO. | $279 | 2.84% |
| MORGAN STANLEY & CO, INC | $75 | 0.76% |
| BARCLAY BANK PLC | $72 | 0.74% |
| CITIGROUP | $70 | 0.72% |
| WACHOVIA SECURITIES, INC. | $70 | 0.71% |
| NATIONAL FINANCIAL SERVICES CORPORATION | $66 | 0.67% |
SPUSX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BANK OF NEW YORK | $40.2M | 99.98% |
| J P MORGAN CHASE BANK | $8K | 0.02% |
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.