WEQIX Fees and Costs — Segall Bryant & Hamill Workplace Equality Fund, Institutional Class
Data updated: 2023-05-30
The net expense ratio is 0.74%: a 0.65% management fee plus 0.65% other expenses, less a 0.56% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $6K in broker commissions, 0.0238% of average net assets, and portfolio turnover was 38%.
WEQIX Fees and Expenses
Annual operating expenses and sales charges of WEQIX. Prospectus, as of April 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.65% |
| Gross expense ratio | 1.30% |
| Fee waiver | −0.56% |
| Net expense ratio | 0.74% |
| 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 | No |
WEQIX Costs Over Time
On $10,000 invested in WEQIX, assuming 5% a year before costs, total costs come to $480 over 5 years, cutting the return by 0.80% 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 0.74%) | $78 | $243 | $423 |
| Trading costs (broker commissions) | $2 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $80 | $263 | $480 |
| Value after costs | $10,420 | $11,313 | $12,283 |
| Impact on return, per year | 0.80% | 0.80% | 0.80% |
WEQIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0238%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 38%
- Securities lending: none during the year
WEQIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Cowen and Company LLC | $2K | 34.59% |
| BofA Securities Inc | $844 | 15.54% |
| Wells Fargo Brokerage Services LLC | $558 | 10.27% |
| STEPHENS, INC. | $514 | 9.46% |
| ROBERT W BAIRD & CO INC | $449 | 8.26% |
| Wells Fargo Securities LLC | $390 | 7.19% |
| Barclays Capital Inc | $384 | 7.08% |
| RBC CAPITAL MARKETS LLC | $169 | 3.11% |
| Keybanc Capital Markets Inc | $151 | 2.77% |
| D A Davidson & Co | $94 | 1.72% |
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.