VNGAX Fees and Costs — Vontobel Global Equity Fund, A Shares
Data updated: 2026-08-31
The net expense ratio is 0.92%: a 0.58% management fee, a 0.25% 12b-1 fee plus 1.60% other expenses, less a 1.51% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $17K in broker commissions, 0.0794% of average net assets, and portfolio turnover was 100%.
VNGAX Fees and Expenses
Annual operating expenses and sales charges of VNGAX. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.58% |
| 12b-1 fee | 0.25% |
| Other expenses | 1.60% |
| Gross expense ratio | 2.43% |
| Fee waiver | −1.51% |
| Net expense ratio | 0.92% |
| 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 |
VNGAX Costs Over Time
On $10,000 invested in VNGAX, assuming 5% a year before costs, total costs come to $625 over 5 years, cutting the return by 1.05% 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 0.92%) | $97 | $301 | $523 |
| Trading costs (broker commissions) | $8 | $26 | $45 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $105 | $344 | $625 |
| Value after costs | $10,395 | $11,233 | $12,138 |
| Impact on return, per year | 1.05% | 1.05% | 1.05% |
VNGAX 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): 0.0794%
- Total broker commissions: $17K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 100%
- Securities lending: none during the year
VNGAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES & CO (BONDS DIRECT DIV) | $2K | 19.03% |
| GOLDMAN, SACHS & CO. | $1K | 11.48% |
| BAML | $1K | 11.46% |
| BARCLAY BANK PLC | $1K | 10.86% |
| SOCIETE GENERALE | $1K | 10.73% |
| UBS INTERNATIONAL INC | $1K | 9.78% |
| DAIWA SECURITIES AMERICA, INC. | $883 | 7.62% |
| PEEL HUNT INCORPORATED | $776 | 6.70% |
| MORGAN STANLEY & CO, INC | $745 | 6.43% |
| CREDIT USA | $685 | 5.91% |
Vontobel Global 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 |
|---|---|---|---|
| VNGIX | Institutional Shares | 0.58% | — |
| VNGYX | Y Shares | 0.58% | — |
| VNGAX | A Shares | 0.92% | — |
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.