TGGCX Fees and Costs — Touchstone International Growth Opportunities Fund, Class C
Data updated: 2020-09-08
The net expense ratio is 1.99%: a 0.80% management fee, a 1.00% 12b-1 fee plus 4.55% other expenses, less a 4.36% fee waiver. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2020 the fund paid $45K in broker commissions, 0.1362% of average net assets, and portfolio turnover was 103%.
TGGCX Fees and Expenses
Annual operating expenses and sales charges of TGGCX. Prospectus, as of October 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 1.00% |
| Other expenses | 4.55% |
| Gross expense ratio | 6.35% |
| Fee waiver | −4.36% |
| Net expense ratio | 1.99% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
TGGCX Costs Over Time
On $10,000 invested in TGGCX, assuming 5% a year before costs, total costs come to $1,300 over 5 years, cutting the return by 2.23% 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 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.99%) | $209 | $644 | $1,104 |
| Trading costs (broker commissions) | $14 | $44 | $76 |
| Lost growth on money paid in costs | $0 | $34 | $121 |
| Total costs | $326 | $723 | $1,300 |
| Value after costs | $10,174 | $10,853 | $11,462 |
| Impact on return, per year | 3.26% | 2.23% | 2.23% |
TGGCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.1362%
- Total broker commissions: $45K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 103%
- Securities on loan, average value: $283K
- Net income from securities lending: $13K (0.039% of average net assets)
TGGCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Instinet, LLC | $36K | 81.22% |
| Cowen and Company, LLC | $3K | 7.60% |
| Goldman Sachs & Co. LLC | $2K | 3.74% |
| Sanford C. Bernstein & Co., LLC | $1K | 2.44% |
| Morgan Stanley & Co. LLC | $1K | 2.39% |
| Citigroup Global Markets Inc. | $558 | 1.25% |
| J.P. Morgan Securities LLC | $310 | 0.69% |
| Kepler Capital Markets, Inc. | $250 | 0.56% |
| Jefferies LLC | $44 | 0.10% |
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.