WIMCX Fees and Costs — Segall Bryant & Hamill Mid Cap Value Dividend Fund, Institutional Class
Data updated: 2020-08-28
The net expense ratio is 0.84%: a 0.65% management fee plus 0.33% other expenses, less a 0.14% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $161K in broker commissions, 0.1938% of average net assets, and portfolio turnover was 74%.
WIMCX Fees and Expenses
Annual operating expenses and sales charges of WIMCX. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.33% |
| Gross expense ratio | 0.98% |
| Fee waiver | −0.14% |
| Net expense ratio | 0.84% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
WIMCX Costs Over Time
On $10,000 invested in WIMCX, assuming 5% a year before costs, total costs come to $646 over 5 years, cutting the return by 1.09% 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 0.84%) | $88 | $275 | $477 |
| Trading costs (broker commissions) | $20 | $63 | $110 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $109 | $355 | $646 |
| Value after costs | $10,391 | $11,221 | $12,117 |
| Impact on return, per year | 1.09% | 1.09% | 1.09% |
WIMCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.1938%
- Total broker commissions: $161K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 74%
- Securities lending: none during the year
WIMCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL, INC. | $47K | 29.61% |
| RBC CAPITAL MARKETS LLC | $34K | 21.35% |
| GOLDMAN, SACHS & CO. | $22K | 13.87% |
| COWEN EXECUTION SERVICES LLC | $20K | 12.68% |
| JEFFERIES LLC | $15K | 9.28% |
| SANFORD C. BERNSTEIN & CO, LLC | $13K | 8.18% |
| WILLIAM BLAIR & COMPANY LLC | $5K | 2.85% |
| BMO CAPITAL MARKETS CORP. | $2K | 1.20% |
| DOWLING & PARTNERS SECURITIES, INC. | $908 | 0.57% |
| RAYMOND JAMES & ASSOCIATES | $650 | 0.41% |
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.