WPITX Fees and Costs — WP International Companies Income Plus Fund, Institutional Class Shares
Data updated: 2022-10-24
The net expense ratio is 4.40%. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $6K in broker commissions, 0.1074% of average net assets, and portfolio turnover was 6%.
WPITX Fees and Expenses
Annual operating expenses and sales charges of WPITX. Prospectus, as of March 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 1.35% |
| 12b-1 fee | 0.25% |
| Other expenses | 2.43% |
| Gross expense ratio | 4.40% |
| Fee waiver | — |
| Net expense ratio | 4.40% |
| 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 | No |
| Waived fees subject to recoupment | Yes |
WPITX Costs Over Time
On $10,000 invested in WPITX, assuming 5% a year before costs, total costs come to $2,628 over 5 years, cutting the return by 4.73% 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 4.40%) | $462 | $1,390 | $2,322 |
| Trading costs (broker commissions) | $11 | $34 | $57 |
| Lost growth on money paid in costs | $0 | $72 | $249 |
| Total costs | $473 | $1,496 | $2,628 |
| Value after costs | $10,027 | $10,080 | $10,134 |
| Impact on return, per year | 4.73% | 4.73% | 4.73% |
WPITX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.1074%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 6%
- Securities lending: none during the year
WPITX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Interactive Brokers Corp. | $6K | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.