WILGX Fees and Costs — WCM International Long-Term Growth Fund, Investor Class
Data updated: 2022-12-23
The net expense ratio is 1.50%: a 0.85% management fee, a 0.25% 12b-1 fee plus 20.07% other expenses, less a 19.67% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $3K in broker commissions, 0.2341% of average net assets, and portfolio turnover was 85%.
WILGX Fees and Expenses
Annual operating expenses and sales charges of WILGX. Prospectus, as of August 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.25% |
| Other expenses | 20.07% |
| Gross expense ratio | 21.17% |
| Fee waiver | −19.67% |
| Net expense ratio | 1.50% |
| 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 | Yes |
| Waived fees subject to recoupment | Yes |
WILGX Costs Over Time
On $10,000 invested in WILGX, assuming 5% a year before costs, total costs come to $1,069 over 5 years, cutting the return by 1.82% 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 1.50%) | $158 | $488 | $839 |
| Trading costs (broker commissions) | $25 | $76 | $131 |
| Lost growth on money paid in costs | $0 | $28 | $99 |
| Total costs | $182 | $592 | $1,069 |
| Value after costs | $10,318 | $10,984 | $11,694 |
| Impact on return, per year | 1.82% | 1.82% | 1.82% |
WILGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.2341%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $2.1M
- Portfolio turnover (prospectus): 85%
- Securities lending: none during the year
WILGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $763 | 27.41% |
| BARCLAYS CAPITAL INC. | $386 | 13.86% |
| BANC OF AMERICA SECURITIES LLC | $384 | 13.79% |
| SEB Securities, Inc. | $282 | 10.13% |
| BERENBERG CAPITAL MARKETS LLC | $261 | 9.38% |
| SANFORD C. BERNSTEIN & CO., LLC | $248 | 8.91% |
| DAIWA CAPITAL MARKETS AMERICA INC. | $209 | 7.51% |
| MORGAN STANLEY | $100 | 3.59% |
| GOLDMAN SACHS & CO. LLC | $84 | 3.02% |
| JEFFERIES LLC | $67 | 2.41% |
WILGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BROWN BROTHERS HARRIMAN & CO. | $2.1M | 100.00% |
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.