SSLEX Fees and Costs — State Street Emerging Markets Equity Index Fund
Data updated: 2026-08-28
The net expense ratio is 0.37%: a 0.14% management fee plus 0.39% other expenses, less a 0.16% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $112K in broker commissions, 0.0191% of average net assets, and portfolio turnover was 12%.
SSLEX Fees and Expenses
Annual operating expenses and sales charges of SSLEX. Prospectus, as of April 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.14% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.39% |
| Gross expense ratio | 0.53% |
| Fee waiver | −0.16% |
| Net expense ratio | 0.37% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
SSLEX Costs Over Time
On $10,000 invested in SSLEX, assuming 5% a year before costs, total costs come to $246 over 5 years, cutting the return by 0.41% 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 0.37%) | $39 | $122 | $213 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $6 | $22 |
| Total costs | $41 | $135 | $246 |
| Value after costs | $10,459 | $11,442 | $12,516 |
| Impact on return, per year | 0.41% | 0.41% | 0.41% |
SSLEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0191%
- Total broker commissions: $112K
- Bought from dealers (principal trades, not a cost): $310.5M
- Portfolio turnover (prospectus): 12%
- Securities on loan, average value: $17.7M
- Net income from securities lending: $106K (0.018% of average net assets)
SSLEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| HSBC Securities (USA) Inc. | $19K | 20.44% |
| J.P. Morgan Securities LLC | $11K | 12.54% |
| BofA Securities, Inc. | $11K | 12.30% |
| Jefferies LLC | $10K | 11.39% |
| CLSA Americas, LLC | $10K | 11.38% |
| Morgan Stanley & Co. LLC | $8K | 8.91% |
| BNP Paribas Securities Corp. | $7K | 7.61% |
| UBS Securities LLC | $6K | 6.72% |
| Macquarie Capital (USA) Inc. | $5K | 5.07% |
| Nomura Securities International, Inc. | $3K | 3.63% |
SSLEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $310.1M | 100.00% |
State Street Emerging Markets Equity Index Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SSKEX | Class K | 0.07% | none |
| SSLEX | C000159453 | 0.37% | none |
| SSUEX | C000159451 | 0.62% | 5.25% |
| SSJEX | Class C | 1.38% | none |
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.