SSEAX Fees and Costs — Siit Screened World Equity Ex-US Fund, Class A
Data updated: 2026-09-28
The net expense ratio is 0.83%: a 0.65% management fee plus 0.18% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $167K in broker commissions, 0.0998% of average net assets, and portfolio turnover was 102%.
SSEAX Fees and Expenses
Annual operating expenses and sales charges of SSEAX. Prospectus, as of September 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.18% |
| Gross expense ratio | 0.83% |
| Fee waiver | — |
| Net expense ratio | 0.83% |
| 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 |
SSEAX Costs Over Time
On $10,000 invested in SSEAX, assuming 5% a year before costs, total costs come to $582 over 5 years, cutting the return by 0.98% 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 0.83%) | $87 | $272 | $472 |
| Trading costs (broker commissions) | $10 | $33 | $57 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $98 | $320 | $582 |
| Value after costs | $10,402 | $11,256 | $12,180 |
| Impact on return, per year | 0.98% | 0.98% | 0.98% |
SSEAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0998%
- Total broker commissions: $167K
- Bought from dealers (principal trades, not a cost): $18
- Portfolio turnover (prospectus): 102%
- Securities lending: none during the year
SSEAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO, INC | $27K | 22.10% |
| J P MORGAN CHASE BANK | $20K | 16.12% |
| HSBC | $16K | 13.10% |
| AVIATE GLOBAL | $13K | 10.27% |
| SANFORD C. BERNSTEIN & CO., LLC | $12K | 10.00% |
| INVESTMENT TECHNOLOGY GROUP, INC. | $9K | 7.59% |
| BAML | $8K | 6.17% |
| CITIGROUP | $7K | 6.09% |
| MACQUARIE CAPITAL | $5K | 4.35% |
| GOLDMAN, SACHS & CO. | $5K | 4.20% |
SSEAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES | $18 | 100.00% |
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.