WAEMX Fees and Costs — Wasatch Emerging Markets Small Cap Fund, Investor Class shares
Data updated: 2026-08-26
The net expense ratio is 1.95%: a 1.50% management fee plus 0.55% other expenses, less a 0.10% fee waiver. This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $441K in broker commissions, 0.1637% of average net assets, and portfolio turnover was 38%.
WAEMX Fees and Expenses
Annual operating expenses and sales charges of WAEMX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.50% |
| 12b-1 fee | — |
| Other expenses | 0.55% |
| Gross expense ratio | 2.05% |
| Fee waiver | −0.10% |
| Net expense ratio | 1.95% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
WAEMX Costs Over Time
On $10,000 invested in WAEMX, assuming 5% a year before costs, total costs come to $1,293 over 5 years, cutting the return by 2.22% 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 1.95%) | $205 | $631 | $1,082 |
| Trading costs (broker commissions) | $17 | $53 | $91 |
| Lost growth on money paid in costs | $0 | $34 | $120 |
| Total costs | $222 | $719 | $1,293 |
| Value after costs | $10,278 | $10,858 | $11,470 |
| Impact on return, per year | 2.22% | 2.22% | 2.22% |
WAEMX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1637%
- Total broker commissions: $441K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 38%
- Securities lending: none during the year
WAEMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Macquarie Capital (USA) Inc. | $129K | 36.67% |
| UOB Kay Hian (Hong Kong) Limited | $41K | 11.77% |
| CLSA Americas, LLC | $40K | 11.51% |
| HSBC Securities (USA) Inc. | $39K | 11.23% |
| Nuvama Wealth Management Limited | $29K | 8.28% |
| Goldman Sachs & Co. LLC | $19K | 5.47% |
| BNY Capital Markets, LLC | $16K | 4.46% |
| J.P. Morgan Securities LLC | $14K | 4.08% |
| Kotak Securities Limited | $13K | 3.60% |
| Morgan Stanley & Co. LLC | $10K | 2.92% |
Wasatch Emerging Markets Small Cap Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| WIEMX | Institutional Class Shares | 1.75% | none |
| WAEMX | Investor Class shares | 1.95% | 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.