SSEIX Fees and Costs — SouthernSun U.S. Equity Fund, Class I
Data updated: 2026-08-28
The net expense ratio is 1.09%: a 0.75% management fee plus 0.46% other expenses, less a 0.12% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $9K in broker commissions, 0.0189% of average net assets, and portfolio turnover was 17%.
SSEIX Fees and Expenses
Annual operating expenses and sales charges of SSEIX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.46% |
| Gross expense ratio | 1.21% |
| Fee waiver | −0.12% |
| Net expense ratio | 1.09% |
| 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 |
SSEIX Costs Over Time
On $10,000 invested in SSEIX, assuming 5% a year before costs, total costs come to $692 over 5 years, cutting the return by 1.16% 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 1.09%) | $114 | $357 | $618 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $18 | $64 |
| Total costs | $116 | $381 | $692 |
| Value after costs | $10,384 | $11,195 | $12,071 |
| Impact on return, per year | 1.16% | 1.16% | 1.16% |
SSEIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0189%
- Total broker commissions: $9K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 17%
- Securities lending: none during the year
SSEIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| HEIGHT SECURITIES | $2K | 20.63% |
| JEFFERIES LLC | $1K | 13.88% |
| BAIRD, PATRICK & COMPANY INC. | $1K | 12.63% |
| J P MORGAN CHASE BANK | $1K | 12.12% |
| BLAIR, WILLIAM, & COMPANY, L.L.C. | $833 | 9.09% |
| PERSHING LLC | $776 | 8.47% |
| BERENBERG | $723 | 7.89% |
| STEPHENS INC | $634 | 6.92% |
| STIFEL NICOLAUS & CO., INC. | $603 | 6.58% |
| COWEN | $164 | 1.79% |
SouthernSun U.S. Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SSEIX | Class I | 1.09% | — |
| SSEFX | Class N | 1.34% | — |
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.