UMEMX Fees and Costs — Columbia Emerging Markets Fund, Institutional Class
Data updated: 2026-07-29
The net expense ratio is 1.13%: a 1.08% management fee plus 0.26% other expenses, less a 0.21% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $1.2M in broker commissions, 0.1045% of average net assets, and portfolio turnover was 44%.
UMEMX Fees and Expenses
Annual operating expenses and sales charges of UMEMX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.08% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.26% |
| Gross expense ratio | 1.34% |
| Fee waiver | −0.21% |
| Net expense ratio | 1.13% |
| 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 |
UMEMX Costs Over Time
On $10,000 invested in UMEMX, assuming 5% a year before costs, total costs come to $769 over 5 years, cutting the return by 1.30% 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 1.13%) | $119 | $369 | $639 |
| Trading costs (broker commissions) | $11 | $34 | $59 |
| Lost growth on money paid in costs | $0 | $20 | $71 |
| Total costs | $130 | $423 | $769 |
| Value after costs | $10,370 | $11,153 | $11,994 |
| Impact on return, per year | 1.30% | 1.30% | 1.30% |
UMEMX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.1045%
- Total broker commissions: $1.2M
- Bought from dealers (principal trades, not a cost): $16.1M
- Portfolio turnover (prospectus): 44%
- Securities lending: none during the year
UMEMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citi | $177K | 17.16% |
| Credit Agricole Securities USA Inc | $164K | 15.95% |
| Jefferies LLC | $132K | 12.87% |
| UBS | $122K | 11.89% |
| JPMorgan Securities PLC | $113K | 10.97% |
| JPMorgan | $99K | 9.60% |
| Morgan Stanley International | $73K | 7.07% |
| Goldman Sachs International | $68K | 6.65% |
| Macquarie Capital (Europe) Limited | $51K | 4.99% |
| Instinet LLC | $29K | 2.87% |
UMEMX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley International | $9.2M | 56.71% |
| Xtellus Capital Partners | $4.1M | 25.47% |
| Morgan Stanley | $2.9M | 17.83% |
Columbia Emerging Markets Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CEKYX | Institutional 3 Class | 0.99% | none |
| CEKRX | Institutional 2 Class | 1.04% | none |
| UMEBX | C000253721 | 1.13% | none |
| UMEMX | Institutional Class | 1.13% | none |
| EEMAX | Class A | 1.38% | 5.75% |
| EEMCX | Class C | 2.13% | 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.