TABYX Fees and Costs — Touchstone Anti-Benchmark US Core Equity Fund, Class Y
Data updated: 2020-12-09
The net expense ratio is 0.54%: a 0.35% management fee plus 110.54% other expenses, less a 110.35% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $8K in broker commissions, 0.0293% of average net assets, and portfolio turnover was 137%.
TABYX Fees and Expenses
Annual operating expenses and sales charges of TABYX. Prospectus, as of January 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | — |
| Other expenses | 110.54% |
| Gross expense ratio | 110.89% |
| Fee waiver | −110.35% |
| Net expense ratio | 0.54% |
| 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 |
TABYX Costs Over Time
On $10,000 invested in TABYX, assuming 5% a year before costs, total costs come to $359 over 5 years, cutting the return by 0.60% 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 0.54%) | $57 | $178 | $310 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $60 | $197 | $359 |
| Value after costs | $10,440 | $11,380 | $12,404 |
| Impact on return, per year | 0.60% | 0.60% | 0.60% |
TABYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0293%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 137%
- Securities on loan, average value: $56K
- Net income from securities lending: $411 (0.001% of average net assets)
TABYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $2K | 24.23% |
| Morgan Stanley & Co. LLC | $2K | 21.53% |
| Barclays Capital Inc. | $2K | 19.94% |
| J.P. Morgan Securities LLC | $1K | 17.41% |
| UBS Securities LLC | $1K | 16.90% |
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.