WGGCX Fees and Costs — Wasatch Greater China Fund, Institutional Class Shares
Data updated: 2025-02-18
The net expense ratio is 1.27% (3.39% before fee waivers). This share class carries a redemption fee of 2.00%. In fiscal 2024 the fund paid $3K in broker commissions, 0.0828% of average net assets, and portfolio turnover was 57%.
WGGCX Fees and Expenses
Annual operating expenses and sales charges of WGGCX. Prospectus, as of January 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | — |
| Other expenses | 2.37% |
| Gross expense ratio | 3.39% |
| Fee waiver | −2.12% |
| Net expense ratio | 1.27% |
| 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 |
WGGCX Costs Over Time
On $10,000 invested in WGGCX, assuming 5% a year before costs, total costs come to $840 over 5 years, cutting the return by 1.42% 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 1.27%) | $133 | $415 | $716 |
| Trading costs (broker commissions) | $9 | $27 | $47 |
| Lost growth on money paid in costs | $0 | $22 | $77 |
| Total costs | $142 | $463 | $840 |
| Value after costs | $10,358 | $11,113 | $11,923 |
| Impact on return, per year | 1.42% | 1.42% | 1.42% |
WGGCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0828%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 57%
- Securities lending: none during the year
WGGCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| HSBC Securities (USA) Inc. | $2K | 67.57% |
| Macquarie Capital (USA) Inc. | $659 | 19.56% |
| Goldman Sachs & Co. LLC | $249 | 7.39% |
| UOB Kay Hian (Hong Kong) Limited | $98 | 2.90% |
| CLSA Americas, LLC | $73 | 2.16% |
| J.P. Morgan Securities LLC | $9 | 0.27% |
| BofA Securities, Inc. | $5 | 0.16% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.