WGMCX Fees and Costs — Wasatch Ultra Growth Fund, Institutional Class Shares
Data updated: 2026-08-26
The net expense ratio is 1.05%: a 1.00% management fee plus 0.08% other expenses, less a 0.03% fee waiver. This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $877K in broker commissions, 0.1123% of average net assets, and portfolio turnover was 30%.
WGMCX Fees and Expenses
Annual operating expenses and sales charges of WGMCX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | — |
| Other expenses | 0.08% |
| Gross expense ratio | 1.08% |
| Fee waiver | −0.03% |
| Net expense ratio | 1.05% |
| 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 |
WGMCX Costs Over Time
On $10,000 invested in WGMCX, assuming 5% a year before costs, total costs come to $725 over 5 years, cutting the return by 1.22% 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 1.05%) | $110 | $343 | $595 |
| Trading costs (broker commissions) | $12 | $37 | $64 |
| Lost growth on money paid in costs | $0 | $19 | $67 |
| Total costs | $122 | $399 | $725 |
| Value after costs | $10,378 | $11,177 | $12,038 |
| Impact on return, per year | 1.22% | 1.22% | 1.22% |
WGMCX 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): 0.1123%
- Total broker commissions: $877K
- Bought from dealers (principal trades, not a cost): $3.8M
- Portfolio turnover (prospectus): 30%
- Securities lending: none during the year
WGMCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Canaccord Genuity LLC | $268K | 32.69% |
| Goldman Sachs & Co. LLC | $178K | 21.67% |
| BofA Securities, Inc. | $155K | 18.94% |
| BTIG, LLC | $104K | 12.71% |
| Nomura Securities International, Inc. | $35K | 4.26% |
| BNY Capital Markets, LLC | $22K | 2.65% |
| Raymond James & Associates, Inc. | $16K | 1.99% |
| SG Americas Securities, LLC | $16K | 1.90% |
| Evercore Group L.L.C. | $14K | 1.74% |
| Stifel, Nicolaus & Company, Incorporated | $12K | 1.45% |
WGMCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Cantor Fitzgerald & Co. | $1.9M | 49.33% |
| Jefferies LLC | $1.0M | 26.46% |
| Morgan Stanley & Co. LLC | $926K | 24.21% |
Wasatch Ultra 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 |
|---|---|---|---|
| WGMCX | Institutional Class Shares | 1.05% | none |
| WAMCX | Investor Class Shares | 1.20% | 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.