WFGGX Fees and Costs — First Trust WCM Focused Global Growth Fund, Investor Class
Data updated: 2026-08-21
The net expense ratio is 1.28%: a 0.85% management fee, a 0.25% 12b-1 fee plus 0.18% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $530K in broker commissions, 0.0640% of average net assets, and portfolio turnover was 40%.
WFGGX Fees and Expenses
Annual operating expenses and sales charges of WFGGX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.18% |
| Gross expense ratio | 1.28% |
| Fee waiver | — |
| Net expense ratio | 1.28% |
| 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 | No |
| Waived fees subject to recoupment | Yes |
WFGGX Costs Over Time
On $10,000 invested in WFGGX, assuming 5% a year before costs, total costs come to $835 over 5 years, cutting the return by 1.41% 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 1.28%) | $134 | $418 | $722 |
| Trading costs (broker commissions) | $7 | $21 | $36 |
| Lost growth on money paid in costs | $0 | $22 | $77 |
| Total costs | $141 | $461 | $835 |
| Value after costs | $10,359 | $11,116 | $11,928 |
| Impact on return, per year | 1.41% | 1.41% | 1.41% |
WFGGX 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): 0.0640%
- Total broker commissions: $530K
- Bought from dealers (principal trades, not a cost): $8.1M
- Portfolio turnover (prospectus): 40%
- Securities lending: none during the year
WFGGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| LIQUIDNET, INC. | $62K | 16.14% |
| MORGAN STANLEY & CO. LLC | $55K | 14.37% |
| KEPLER CAPITAL MARKETS, INC. | $48K | 12.52% |
| GOLDMAN SACHS & CO. LLC | $43K | 11.13% |
| J.P. Morgan Securities LLC | $40K | 10.32% |
| JEFFERIES LLC | $40K | 10.26% |
| BOFA SECURITIES, INC. | $28K | 7.22% |
| Oddo BHF New York Corporation | $24K | 6.21% |
| KEYBANC CAPITAL MARKETS, INC. | $23K | 5.94% |
| SANFORD C. BERNSTEIN & CO., LLC | $23K | 5.90% |
WFGGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $8.1M | 100.00% |
First Trust WCM Focused Global Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| WCMGX | Institutional Class | 0.97% | none |
| WFGGX | Investor Class | 1.28% | none |
| WFGAX | C000272222 | 1.30% | 3.50% |
| WFGCX | C000272223 | 2.05% | 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.