WIESX Fees and Costs — Wasatch Emerging Markets Select Fund, Institutional Class Shares
Data updated: 2026-08-26
The net expense ratio is 1.13%: a 1.00% management fee plus 0.12% other expenses. This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $394K in broker commissions, 0.1023% of average net assets, and portfolio turnover was 28%.
WIESX Fees and Expenses
Annual operating expenses and sales charges of WIESX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | — |
| Other expenses | 0.12% |
| Gross expense ratio | 1.13% |
| Fee waiver | — |
| Net expense ratio | 1.13% |
| 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 | No |
| Waived fees subject to recoupment | Yes |
WIESX Costs Over Time
On $10,000 invested in WIESX, assuming 5% a year before costs, total costs come to $767 over 5 years, cutting the return by 1.29% 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 1.13%) | $119 | $369 | $639 |
| Trading costs (broker commissions) | $11 | $33 | $58 |
| Lost growth on money paid in costs | $0 | $20 | $71 |
| Total costs | $129 | $423 | $767 |
| Value after costs | $10,371 | $11,154 | $11,996 |
| Impact on return, per year | 1.29% | 1.29% | 1.29% |
WIESX 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): 0.1023%
- Total broker commissions: $394K
- Bought from dealers (principal trades, not a cost): $363K
- Portfolio turnover (prospectus): 28%
- Securities lending: none during the year
WIESX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Macquarie Capital (USA) Inc. | $90K | 30.40% |
| UOB Kay Hian (Hong Kong) Limited | $51K | 17.29% |
| Nuvama Wealth Management Limited | $34K | 11.58% |
| BofA Securities, Inc. | $29K | 9.94% |
| Goldman Sachs & Co. LLC | $28K | 9.54% |
| Ambit Capital Private Limited | $17K | 5.80% |
| Enam Securities Private Limited. | $17K | 5.62% |
| KB Securities Co., Ltd. | $10K | 3.37% |
| Morgan Stanley & Co. LLC | $10K | 3.30% |
| BTG Pactual US Capital, LLC | $9K | 3.17% |
WIESX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $363K | 100.00% |
Wasatch Emerging Markets Select Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| WIESX | Institutional Class Shares | 1.13% | none |
| WAESX | Investor Class Shares | 1.37% | 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.